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Showing posts from June, 2012

Malaysia Section A Framework for Part 1 Background and Objectives:

<><> <><> Background and Context     chapter 1 1.1 Introduction Located at the southern-most tip of Peninsular Malaysia and mainland Asia, South Johor has long played an important and strategic role in the history and development of Malaysia and its surrounding region. Johor Bahru, the capital city of Johor and its surrounding areas, has grown to become the second most important economic conurbation in Malaysia. The economy is well diversified with successful clusters emerging around the electronics, logistics, food and agriculture, tourism and oil and petrochemical industries. Its strategic geographic position on the world’s busiest shipping routes, its proximity to an international hub and the large markets of Singapore, Indonesia and further out, China and India, and its rich endowment of natural and human resources has both underpinne

What is MRTA and do you really need it?

Ref: http://reijb.com/do-you-need-mrta/ in finance , investment theory , real estate tips To most of the investors, taxes and insurance create a cash drain of money that can be invested elsewhere. People always want to know how they can pay the minimum, if not zero, for taxes and insurance. In our previous article, we discussed about the “Top six tax deductions for landlords” that may help real estate investors in a way to minimise their taxes. In this article, we will talk about an insurance specially designed for mortgage loan borrower – MRTA. What is MRTA? In Malaysia, one will always come across this term “MRTA” when taking up a mortgage loan to buy or refinance a property. What is it? Mortgage Reducing Term Assurance (MRTA) is frequently referred to Mortgage Life Insurance. MRTA helps you settle your mortgage loan in the event something happens to you. Technically, MRTA is designed to provide coverage and protection for borrowers who take up mortgage l

Foreigner Purchase are required to apply approval from FIC.

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Foreigner purchasers are required to apply approval from Foreign Investment Committee and State Authority for acquisition of property in Malaysia 1. Who have to apply? 1.1 Foreign Investment Committee (“FIC”) guidelines defines: ‘ Foreign interest ’ means “any interest, associated group of interests or parties acting in concert which comprises: (a) Individual who is not a Malaysian citizen; or (b) Foreign company or institution (unless the effective shareholding is stated); or (c) Local company or local institution whereby the parties as stated in item (a) and/or (b) hold more than 50% of the voting rights in the company or institution.” 1.2 Section 433B of the National Land Code 1965 : (i) Prior approval of the relevant State Authority must be obtained before a non-citizen or a foreign purchaser/company is allowed to acquire any property. (ii) ‘Non-citizen’ means a natural person who is not a citizen of Malaysia. (I

Condo for rent Update 24 Aug 2012

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Condo near CIQ behind Lion City Hotel Rental: RM1700 per month Include Maintance but Exclude Water & Electricity Fully Furnish: TV, Bed, Water Heater, Washing Machine, etc. 3 Room + 2 bathroom Must be Malaysian Chinese only / Couple / Family Location: Putri Indah is a condominium development located along Jalan Indera Putera in Johor Bahru city. It's a condo a luxurious space for comfortable living. Facilities at the condo include a barbeque area, a club house, a gymnasium, a playground, a sauna, a swimming pool, a tennis court, ample parking bays and 24-hour security surveillance. SMK Teknik Tanjung Puteri Johor Bahru, SMK Dato Jaafar and the Malaysia Open University are all located close by. Pacific Mall, Plaza Mentari and Sun City are also located nearby. Lion Hotel and Istana Tengku Mahkota are within a few minutes’ drive away from the condo. The condo is easily accessible via Jalan Yahya Aldatar, Jalan Indera Putra and the Tebrau highway. The Malaysia-Singapore Cau

Please visit my personal web: www.Propwall.my/kelvinyeo

Dear Value Customer, Looking for your property in Malaysia? Please visit. Apologize that there too many pic & info i couldn't update in here. If you see this post please visit www.propwall.my/kelvinyeo . I shall uopdate all the property on it. like : Now Property number to 106 properties. House Apartment Land Factory Shop If you have any property at special location looking or want to sell it, welcome to email to me: yeoc@hotmail.com . I am very happy to search buyer for you. I have quite some potential buyer if your property in fair price within few week will able to get purchaser. My highest target within 5 days vendor & purchaser sign S&P. Try there's nothing to loss. I only collect 1% consultant fee from both parties. Most of the purchaser is looking for Taman Pelangi, Century, Melodies, Sentosa, Perling & Bukit Indah Area, due to 2nd link is open and developing. If you have single /double storey willing to sell, please email me your details