Tuesday, November 5, 2013

Zenith Residences, Kelana Jaya, Petaling Jaya, Selangor

New completed and vacant possession condominium located opposite of Kelana Jaya Giant Hypermarket.
Close to LDP highway, Federal Highway, Petaling Jaya, Sunway, Sungai Way, Subang, Damansara Utama, Jaya, One Utama, TTDI.
Near to Paradigm Shopping mall (within walking distant), Tropicana City Shopping mall, Sunway Pyramid, Subang Shopping Centre, Kelana Jaya LRT station, Sunway KTM station.
Fully furnished.  See the place to appreciate.
Suitable for company directors, management executive, professional who looking for tastefully living.

Batu Caves 1.5 Storey Office Terrace (Link) Factory

Terrace (Link) Factory land size approximate 30 x 100 available 2 units adjoining light industrial factory for Sale. RM 3 million non-negotiable
Facing main road.
Front door and back door design. At the back of the factory is spacious back lane, container lorry can drive through (back to back another factory).
Close to Giant Hypermarket, Pos Office, Petrol Kiosk. Chinese and Malay food stall just near by.
Near to MRR 2 highway, DUKE highway, LDP highway, Jalan Ipoh, NVKE Highway, Selayang, Kepong, Sungai Buloh, Sentul.

Double Storey Office Semi Detached Factory in Batu Caves Batu Muda

RM 2.6 million. Leasehold. Batu Muda IKS Industrial Estate.
Close to Batu Caves, Sri Batu Caves, Dolomite, Springcrest, Bolton Industrial, Sri Gombak, Sentul, Gombak, Selayang. Giant Hypermarket.
Near to MRR 2 Highway, LDP Highway, DUKE Highway.
Land area approximate 9000 square feet. Built up area approximate 4500 square feet.

How RPGT ( Real Property Gain Tax ) are Calculated ?

How RPGT is calculated?
The bad news is that if you are disposing off a property at a significant gain, you are likely to be taxed for it. But here is the good news. You will only be taxed on your net capital gains as opposed to the gross capital gain. Gross capital gains are simply calculated by taking the selling price less the purchase price.

 To arrive at your net capital gains, you are allowed to subtract from the gross capital gain certain expenses (don’t forget to keep the bills!) such as:
 Legal fees Real estate fees (sales commission) incurred to sell the property (typically between 2% – 3% of the selling price)
Administrative fees Expenditure incurred to maintain/upgrade the property. This can include upgrade works done the property such as renovations and interior design works
The maximum allowable deduction here is the larger of RM10,000 or 10% of the capital gain.

To read more on this topic, please goto

After the Budget 2014 announcement, RPGT has been increased substantially to 30% for properties disposed within 3 years years or less (previously, it was 15% for 2 years and below and 10% for 3 years and below), 20% for properties disposed within 4 years of purchase and 15% for 5 years (previously it was 10% for both 4 and 5 years).0% RPGT for properties older than 5 years kept as it is.

The new rates will be in effect from 1st January 2014 onwards.

Foreigners can only buy properties with a minimum value or RM 1million.
RPGT at 30% for first 5 years and 5% thereafter.

To read more on this topic, please goto

Monday, November 4, 2013

Penthouse But Not The Top Floor

Villa Wangsamas condo, Wangsa Maju, a 20 storey high rise building, 5 towers in the Phase 1 of this project, and 4 towers in the 2nd phase.
Wangsa Maju is a mature commercial and residential development, nearby amenities such as Rampai LRT station, Wangsa Walk Shopping Mall, AEON Big ( previously Carrefour ), International School, Shops, Setiawangsa LRT station, AEON Jusco Wangsa Maju or AEON Jusco Keramat, DUKE and MRR 2 Highways.
There are total 8 units of penthouse on each towers, 4 units on 19th floor, and 4 units on 20th floor.
That's why not to confuse the public, got to specially stated that this particular penthouse is on the 19th floor.
The living hall and the dinning hall is ID design and renovated with quality materials. Come with 2 car parks.
5 bedrooms inclusive of master bedroom, 1 maid room and 5 bathroom inclusive of maid bathroom.
For your information, the developer of Villa Wangsamas is currently in the construction of  "Villa Wangsamas 2" beside it.

A Shop-Apartment in One Sierra Selayang Asking 850 Monthly Rental

This is a newly completed 3 storey shop apartment in One Sierra Selayang, behind this shop apartment is the gated and guared residential housing estate.
One Sierra is just right behind the Hot Spring Selayang operated by DBKL.  Few minutes drive from Police Head Quarters Gombak.
The design of the shop apartment is in the way that half parcel on front portion, and the other half parcel on the back portion. Therefore the front portion facing the main road, while the back portion facing the back yard of the double storey terrace house.
767 square feet with 1 master bedroom, middle and small bedroom, kitchen cabinet ready, and two bathroom.

One of the Great Investment Location That We Have Missed

Talking about the latest key hand-over of Amaya Maluri Condo, Taman Maluri Cheras.
This area is in massive development going on now, Maluri MRT station ( the Sungai Buloh - Kajang Mass Rapid Train project ), Sunway Velocity Mixed Development project, Cochrane MRT station, future Ikea Furniture Centre, and others.
Beside the condo is the long history AEON Jusco shopping centre, Taman Maluri which provide the most convenient for either the tenants or residents to get their daily needs in almost anything from groceries to food and beverage. Not to mentioned other amenities like POS office, major bank such as Public, Maybank, CIMB, Alliance, Affin, Islam, HSBC, are all here in Taman Maluri.
Within the walking distant will be the existing Maluri LRT station, a hospital located at Menara PGRM, and a big park just behind Menara PGRM.
And with a little driving will be the famous Bukit Bintang and KLCC area. Yet it also close to KL-Putrajaya Highway (MEX).

A Cheras Low Cost Apartment Took Up by Tenant From Russian

Segar Perdana, got one of the largest supermarket open for business here for many years, that is EconSave.
It occupied half of the car park basement for its business, together with free car park lot, yes, the parking is totally free, no minimum purchase is require.
The other half of the basement share by few shops, a furniture shop, and a food court.
This low cost apartment was built few years ago, initial purpose was the developer got a mutual agreement with one of the medication school nearby to provide as hostel to the school students. And in turn, it was a trouble free rental guarantee investment scheme for the owner to purchase as investment purpose.
And now the scheme were expired few months back, and it return the vacant possession to the owner without any repair or repainting of the apartment.
Then the owner got to spent some money to reinstate the apartment into tenantable condition.
The apartment is just next to Apek Hill ( or Saga Hill ) , a famous mountain hiking location in Cheras.

Jalan Ipoh ( Ipoh road ) of Kuala Lumpur City Got Land For Sale

Non stated land for Sale at Jalan Ipoh ( Ipoh road ) of Kuala Lumpur City, exact location will be right behind of HSBC Bank in Jalan Ipoh, the only HSBC bank in the whole road of Jalan Ipoh.
2 titles, yes 2 pieces of land, adjoining side by side, each approximately 9400 square feet, Freehold.
No back lane, back to back with another house.
Without any conversion of the purpose of the land, each can build one house, design of the house is subject to the DBKL local authority approval.
Facing the main road of Jalan Kuching, and there is a railway track in front of the house. However the road and the track is higher ground compare to the inner road in front the house.
Neighbouring this house are few of the old houses build by wood, and some of the modern double storey houses.


其中一栋最新的豪华高级公寓,永久地契项目是 Silk Sky Balakong。 顾名思义 Silk 就是指现有的 Silk Highway, 意思就是这栋公寓就在 Silk Highway 的旁边。
有四种尺寸供选择:484, 732, 1044, 1087 平方尺
除了 484 面积,其他的面积一律附上2个停车位。意思是很适合小家庭单位却夫妇都有工作拥有两辆车代步。