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Property Jargon Malaysia

1) Accessory parcel — not a decorative  patch of land, but any parcel shown in a  strata plan that is used exclusively by the  homeowner. A common example is the  car park bay. 2) Assessment tax — or “cukai pintu” as  it is known in Bahasa Malaysia. It is payable twice a year to the respective local  authorities to finance the maintenance  cost of the city such as waste transportation, landscaping and street lights. It  is payable on or before every 28th FEB and  on or before every 31st AUG . 3) Base rate (BR) — a floating interest  rate determined by financial institutions  in Malaysia, based on their benchmark  cost of funds and the Statutory Reserve  Requirement. The reserve funds banks are  required to maintain under Bank Negara  Malaysia guideline. Different banks offer different BRs, with current rates hovering between 3% and 3.95%. Depending on their own efficacy in controlling borrower credit risk, liquidity risk premium and operating cost, a profit margin wi

Why you still can't sell your property???

Why you still can't sell your house??? You’ve  in the end  made a  decision  to  sell  your house. So you put your property on the market and  idea  to yourself, “it’s time to get my return on investment!”. Months later, you  nevertheless  haven’t had any offers. Patiently you wait,  but it’s taking  a lot  longer than you  expected  - exuding frustration. Is it the steep  competition  or the fickle  real   property  market? Here are some of the  essential  elements  on why your  house  isn’t selling. 1. Overpriced Your  house   may b e in a very well upkeep condition   with excellence  location,  but  if the  price  is too  high  or above market  selling  price, it will not  sell. Market dynamics like elections,  rate  rises or  modifications  to zoning can  additionally  make contributions  to this matter. So,  maybe  it’s time to rethink the pricing. Otherwise, this  could  end  up leaving you with a  lower   offer  in the  lengthy  run, as your listing   a long time  a

For SALE - Nice 3 storey superlink link house, Bukit Segar Jaya 2

For SALE - 3 storey Terrace House Location - Taman Bukit Segar Jaya 2, Cheras Call LIM @ O16 - 2O1 5998 <<< RM 920,000 only, GOOD condition >>>>> ### Very Good Condition and newly re-painted ### * 5 bedrooms 4 bathrooms * Nicely renovated * TIGHT Security with guards rounding daily. * Gated and Guarded with 24 hours TIGHT security. * Easy Access to Leisure Mall, Econsave, Suntex (Batu 9), Connaught, Sunway velocity, PJ * Extended kitchen and fully renovated * Partly furnished - custom kitchen cabinet, water heaters, air-cond It is surrounded by: * Amenities such as Shopping center/Hypermarket, minimarket, bank, restaurant/cafe, mamak stall,night market, school, clinic, Pantai Medical hospital, leisure mall etc * Highway including Loke yew, MR2, Kesas, Cheras Timur-Barat highway, BESRAYA * Public transport: Bus & Taxi, MRT nearby Leisure Mall * Nearby area: Taman Segar, Bandar Tun Razak, Permaisuri, Taman Midah, Taman Co

For SALE - Vista Panorama Condominium, Ampang, Cheras

For SALE - Vista Panorama Condominium Location - Bukit Permai, Ampang, Cheras Call LIM @ O16 - 2O1 5998 #### GOOD CONDITION and WELL KEEP unit #### Unit Description   : * 3   bedrooms, 2 bathrooms, 1 living hall, 1 kitchen(extended), 1 balcony with KLCC view * Build up size : 1216 sq ft * KLCC panoramic view * Swimming Pool view * 1 car park * Partly furnished - custom Kitchen Cabinet, wardrobe, mosquito nets, water heater, air-cond, grille etc * Extended Kitchen * Strata title obtained * Tenure: Leasehold No. of Blocks: 2 No. of Storey: 15 No. of Units: 240 No. of Bedrooms: 3 No. of Bathrooms: 2 Located bounder of Cheras and Ampang , Vista Panorama is  special  to most  nearby  residences   in the  sense  that it is surrounded  by using  lush greenery and serene environment. Most of the residents  reported  an windy  and snug  environment, negating the  want  for air-conditions and  synthetic  lighting. This  noticeably  enhances the  journey  of staying-in

For SALE - CORNER Retail office at Fiesta Axis Atrium Ampang Mall, Taman Cempaka Ampang

For SALE - CORNER First Floor Retail Office lot Location   - Fiesta Ampang Mall, Axis Atrium, Taman Cempaka Call LIM @ O16 - 2O1 5998 * Leasehold * Corner unit at first floor * Facing main road, easily spot by public. * Build up : 2313 sq ft * Dual entrance / frontage * Spacious alfresco *  Cash Rebate can be arranged. Selling RM1,830,000 (Below developer price RM2,300,000) Easy accessible - MRR2, Jalan Ampang, KESAS, Cheras-Kajang Walking distance to Cempaka LRT station. *  An existing catchment of 1.5 million individuals; dwelling inside 15 minutes' drive • Axis SOHO, Axis Residence and Axis Crown guarantees around 4,000 residents staying and/or working right above Fiesta Ampang mall •  Events and excitement arranged during the time - month to month events, special occasions, retail advancements, end of the week bazaars, happy festivals and that's only the tip of the iceberg * Existing retail tenants like Pasaraya Matahari, KFC, Oldtown, Subway, 7 Eleven, Re