Issue 89 - May 2017

Page 1

EAST MALAYSIA’S LEADING PROPERTY PORTAL, MAGAZINE & EXPO

Parking woes in KK condos

The Difference Between

Internal & External

Refinancing

HOT TOPIC

How to (inexpensively)

boost your rental appeal

ISSUE 89 RM9.50 (Inc GST)


2

www.PropertyHunter.com.my


www.PropertyHunter.com.my

3


4

www.PropertyHunter.com.my


www.PropertyHunter.com.my

5


6

www.PropertyHunter.com.my


www.PropertyHunter.com.my

7


8

www.PropertyHunter.com.my


www.PropertyHunter.com.my

9


10

www.PropertyHunter.com.my


As the saying goes, “change is the only constant�. Without change there will be no growth, and without growth, there will be no prosperity. So far, it has been an exciting journey for Property Hunter. This past year or so, we have made some tweaks and additions. In January 2016, we changed the overall look of the magazine. In January, this year, we finally launched the much-anticipated PH App. A lot of time and creative work was put into both processes, and thankfully so far, they have been very well received. Another very exciting milestone for Property Hunter last month was being awarded the prestigious MSC status by MDec. To be given this title, it means that a company must be an IT or IT-facilitated company. And that’s exactly where Property Hunter is heading towards. To achieve this, we hope to eventually shift from being a publishing company, into a fullyintegrated IT company. And the first step in this process is that we have made the decision to change our magazine from being a monthly, into a bi-monthly publication. The decision to go bi-monthly is so that the transition into going fully digital will be easier for everyone involved. We will slowly shift our focus into moving all the content to our website. The first bi-monthly magazine issue will be rolled-out in June this year. We sincerely hope that you understand and will still support us all the way. Sometimes these changes are necessary and they have been thought of carefully. Every decision we make is usually made by putting you, our readers and our clients, in mind. Thank you always!

Iza Abidin Editor

www.PropertyHunter.com.my

11


CORPORATE

TM

Editor

Iza Abidin

Writer

Rebecca Michelle

Creative & Design

Stephenson Foo Danny Miki

Online & IT

Caleb Tseu Clifton Chin Jalon Juanis Datu Mohd Fadzli Bin Datu Basrun

Finance & Operation

Elson Kho

Marketing & Branding

Magdelene Muh

Marketing Events

Italia Nayenti Boniface

Property Hunter is published by: Maxx Media (S) Sdn Bhd (1043783-T)

Lot 4, 1st & 2nd Floor, Block A, Heritage Plaza, Jalan Lintas, 88300 Kota Kinabalu, Sabah, Malaysia

Office Hours:

9:00am – 6:00pm (Monday – Friday) E: info@maxxmedia.com.my T: +6088 719 787 F: +6088 728 387

Printing Percetakan Kolombong Ria Sdn Bhd

Circulation & Subscription

Lot 3A & 5, Mile 5.5, Tuaran Road, Neutron Park, 88450 Kota Kinabalu, Sabah, Malaysia T: +60 88 426 691

Administration & Accounts

Available at leading bookstores and newsstands in Malaysia

Advertising & Events Enquiries

Victor Yong (Key Account Manager) T: +6013 835 1898 E: victor@maxxmedia.com.my

Bryan Chang (Key Account Executive) T: +6013 852 2898 E : bryan@maxxmedia.com.my

Borders Bookstore City Gourmet City Grocer CNM Book Store Eastern Book Store Everise Supermarket Kinokuniya Bookstores Ling’s Fresh Vegefruits Lintas Superstore Orange 24 Hours Pick N Pay Popular Bookstores Quong Ming Book SMART Bookshop Sun Tai Chung Time Bookstores Tong Hing Supermarket WH Smith e Forestry bl

ces acti Pr

ted in Sab rin

ah

e in Saba ad

h

M

Cherlynna Aprillisa Santos (Media Executive)

• • • • • • • • • • • • • • • • • •

Respon si

Jerace Lee Azizan Azim Bin Awg Ali

P

Albee Chung

Printed on environmentally responsible paper from imported high quality grade woodfree recycled paper in a Sabah based facility. Supporting Local Talents & Businesses.

PropertyHunterMalaysia

PropertyHunter

Propertyhunt3r

Disclaimer, Permission & Reprints: This publication is not an investment advice. It is intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without first seeking appropriate professional advice that takes into account their own particular circumstances.The publisher and editors give no representations and make no warranties, express, or implied, with responsibility of any of the material (including statistics, maps, articles, loan product tables, advertisements and advertising features) contained in this publication. The publisher and editors expressedly disclaim all responsibility for any errors in or omissions from the information contained in this publication, including all liability for any loss or damage suffered or incurred by any person as a result of or arising out of that person placing any reliance, weather whole or partial, upon the whole or any part of the contains of this publication. No correspondents will be entered into a relation to this publication by the publishers, editors or authors. The publishers do not endorse any company, organisation, person, investment strategy or technique mentioned in this publication unless expressly stated otherwise. The publishers do not endorse any advertisements or any special advertising features in this publication, nor does the publisher endorse any advertiser(s) or their products / services unless expressly stated to the contrary. Articles are published in the reliance upon the representations and warranties of the authors of the articles and without our knowledge of any infringement of any third party’s copyright. The publishers and editors do not authorise, sanction, approve or countenance any copyright infringement. This publication is protected under the Law of Malaysia Act 332 Copyrights Act 1987 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express written permission of the publisher. Copyrights 2013 Maxx Media (S) Sdn Bhd. All rights reserved.

12

www.PropertyHunter.com.my


CONTENTS GRAND OPENING | 14 PROPERTY SHOWCASE | 18

GRAND MERDEKA OPENING “Be Part of Our Grand Experience” The Splendour of Luxurious Lakefront Living

FEATURED EVENT | 28

Sales Gallery for The MET Corporate Towers to Open Next Month

FEATURED EVENT | 32

The Finest Luxury Collections in the Heart of Kuala Lumpur

hot topic | 36

HOUSING LOAN DOCUMENTS

HOT TOPIC | 44

Parking woes in KK condos

HOT TOPIC | 52

WHERE’S A PROPERTY HOTSPOT?

HOT TOPIC | 56

The Difference Between Internal & External Refinancing

HOT TOPIC | 62 CONTRIBUTOR | 66

Fund Your Retirement Through Property Investment Malaysians’ Top Property Considerations for 2017

HOT TOPIC | 70

How to (inexpensively) boost your rental appeal

DATABANK | 74

Property databank

www.PropertyHunter.com.my

13


GRAND OPENING

GRAND MERDEKA OPENS Be Part of Our Grand Experience on the 2nd of June With our recent Certificate of Occupation successfully obtained and it’s upcoming opening, the Grand Merdeka Mall will be a one-step forward for us towards achieving our vision of a self-sustaining satellite city in KK’s Northern Corridor. A development by Grand Merdeka

14

www.PropertyHunter.com.my


P

erfectly poised at Jalan Tuaran, the Grand Merdeka Mall is located within a 19-acre land, next to GM Home and GM City. The GM Mall

consists of 3-storey retail shops of various sizes. To date, over 90% of the allocated units have been sold while the occupancy rate of the mall is about 40%. One of the promotions offered is to own a unit at GM Mall with a booking fee of RM10,000. The balance of the purchase price can be payable via instalments by credit card. Existing purchasers of GM Mall and GM City can enjoy buyer referral benefits when they introduce friends and family to purchase GM products. To boost the occupancy rate of the mall, free fit-out period and rentals can be offered to tenants and entrepreneurs.

Caption : Statue Avenue, part of the The GM Walk

www.PropertyHunter.com.my

15


GRAND OPENING

16

www.PropertyHunter.com.my


GM Mall announced official opening on 2nd June 2017

Anchor tenants such as Food Craze, Tong’s Departmental Store, SS Supersave, Amusement Centre and other junior tenants would be commencing business in May 2017. During the official opening, shoppers can subscribe to the mall’s membership-card and participate in fun activities such as a photo-taking competition and luckydraw. Performances and promotions will be held in conjunction with Ramadhan month and Hari Raya Aidilfitri.

Please contact us: For sales & leasing : +6015-4876 1889 For customer service : +6015-4876 1898 Email address : grandmerdeka@gmail.com Developer Office Address : No. 2-188, Second Floor (Level 3), Lorong Merdeka Perdana, Off Jalan Tuaran, 88450 Kota Kinabalu, Sabah, Malaysia. Management Office Address : No. 2-187, Second Floor (Level 3), Lorong Merdeka Perdana, Off Jalan Tuaran, 88450 Kota Kinabalu, Sabah, Malaysia.

www.PropertyHunter.com.my

17


PROPERTY SHOWCASE

The Splendour of Luxurious Lakefront Living LakeFront Residence is the only exclusive lake fronting project of the developers. It will span 23 acres of land and comprise mainly of medium and high rises of rather low density.

18

www.PropertyHunter.com.my


www.PropertyHunter.com.my

19


PROPERTY SHOWCASE

A Continuous Wave of MNC Influx

20

www.PropertyHunter.com.my


LakeFront Residence presents residents with

LakeFront Residence is well-connected to

the rare luxury of a mixed, city living, a chic

the world and to the rest of Klang Valley and

contemporary home surrounded by glorious

KLCC. Yet, all will be made even easier with

greenery. LakeFront Residence is surrounded

direct access to LakeFront via 5 highways

with MSC status companies, are guaranteed

which are Putrajaya-Cyberjaya Expressway,

world-class infrastructure and advanced

Maju Expressway (MEX), North-South

communication technologies with 99.9%

Expressway Central Link (ELITE), South Klang

guaranteed reliability. That growing trend

Valley Expressway (SKVE) and Damansara-

is aptly portrayed by more than 800 multi-

Puchong Expressway (LDP) Highway.

national corporations. Source: www.investcyberjaya.com/ www.cyberjayamalaysia.com.my (2014) / Population & housing Census Malaysia 2010

www.PropertyHunter.com.my

21


PROPERTY SHOWCASE

Water Fountain

Condominium Living At Its Finest

is ideal for singles or students who wish

From the Limkokwing University, widely

to share the cost of living in a luxurious

known for its creative excellence to

condominium and yet enjoy their

the Multimedia University (MMU),

Lakefront Residence is a freehold luxury

privacy. The project, which is scheduled

Cyberjaya draws students from all the

to be completed in 2020, has a gross

world, adding to a growing international

development value of RM183 million.

community of not just professional

condominium project by MCT Bhd that sits on 23 acres of land in Cyberjaya. It features 303 units per tower consisting of 2 different layouts and 2 different sizes. The smaller of the 2 layouts is a comfortable 950sq.ft and makes the perfect first home for young couples or small families. The larger layout at 1,292sq.ft is a dual key unit giving purchasers the flexibility to create 2 separate living spaces within each unit. It

Reverberating With Knowledge

expatriates but also knowledge seekers. Also, SJK(C) Union represents the FIRST ever Chinese national school in the

Lakefront Residence’s superb location

township; it builds to standards that befit

in Cyberjaya offers easy connectivity to

the leadership of Cyberjaya. SJK (C) Union

the usual amenities of city living. Parents

is sits just next to LakeFront.

and students in particular will appreciate its proximity to educational institutions.

SJK(C) Union Actual Site Photo (March 2017)

22

www.PropertyHunter.com.my


Lakefront Residence At A Glance Project Name: Address: Property Type: Land Area: Tenure: Price Range: Average Price Per SQFT: Maintenance Fee: Unit / Lot Type Range: Total Unit:

Lakefront Residence LakeFront At Cyberjaya, Persiaran Semarak Api, 63000 Cyberjaya. Residential, Condominium 23 Acres Freehold RM529,800.00 to RM995,800.00 RM558 – RM587 RM0.22 per sqft 950 sqft – 1,568 sqft 1,212 units

Unit / Lot Types & Build-Up Type A : 1,390 sqft (3 bedrooms, 2 bathrooms, 2 Carparks) Type B : 1,568 sqft (3 bedrooms, 2 bathrooms, 2 Carparks) Type C : 1,323 sqft (3 bedrooms, 2 bathrooms, 2 Carparks) Type D : 950 sqft (3 bedrooms, 2 bathrooms, 2 Carparks) Type F : 1,292 sqft (4 bedrooms, 3 bathrooms, 2 Carparks)

Total Units / Lots & Block / Levels Tower 1 (40 Levels / 2 Levels of Carpark): 303 units Tower 2 (40 Levels / 2 Levels of Carpark): 303 units Tower 3 (26 Levels / 2 Levels of Carpark): 303 units Tower 4 (26 Levels / 2 Levels of Carpark): 303 units Facilities & Amenities: Olympic-size swimming pool, jogging track, 300m long linear park, wading pool, sauna, clubhouse, childcare centre, gym/ fitness centre, multipurpose hall, bistro, children playground, water playground, maze garden, roof top garden Main Attractions, Public Transports and Amenities Nearby • SJK (C) Union • Multimedia University (MMU) • D’ Pulze Shopping Centre • MRT Line 2 • Putrajaya Hospital Expected Completion Date Phase 1 (Tower 1 & 2) : 2018

Phase 2 (Tower 3 & 4) : 2020

PROJECT Location Map

Upcoming MRT (line 2) under construction

For further information, please call

016-939 9000 www.lakefront.my

Now at PH Property Gallery, Lot 2.08, Level 2, Imago Shopping Mall, Jalan Coastal Highway, 88300 Kota Kinabalu. Open daily from 10am - 10pm Developer: Lakefront Residence Sdn. Bhd. (934038-V) · Address: Ground Floor, MCT Tower, One City, Jalan USJ 25/1, 47640 Subang Jaya, Selangor Darul Ehsan, Malaysia · Project: Lakefront Residence at Cyberjaya · Type: Condominium · Developer’s License No.: 12047-1/042018/01691(L) (Validity: 18/04/2017 – 17/04/2018) · Advertising & Sales Permit No.: 12047-1/04-2018/01691(P) (Validity: 18/04/2017 – 17/04/2018) · Building Plan Approval No: MP.SPG.9/CYB/96/11JLD.2 · Approving Authority: Majlis Perbandaran Sepang · Tenure: Freehold · Expected Date of Completion: April 2018 · Encumbrances: Malayan Banking Berhad · Total Units: 1,212 units · Built-up: 950 sq ft (min) – 1,708 sq ft (max) · Type A: Balance 43 units RM848,640 (min) – RM1,008,960 (max) · Type B: Balance 57 units RM844,560 (min) – RM1,058,160 (max) · Type C: Balance 40 units RM844,560 (min) – RM1,010,160 (max) · Type D: Balance 62 units RM610,560 (min) – RM728,160 (max) · Type F: Balance 145 units RM801,360 (min) – RM959,760 (max) · Car park: 2 car park bay per unit · Project: Lakefront Villa at Cyberjaya · Type: Villa Bungalow · Total units: 110 units · Built-up: 4,643sf (min) – 7,079sf (max) · Balance 47 units RM2,757,360 (min) RM4,600,560 (max) · Bumiputera Discount: 7%

www.PropertyHunter.com.my

23


PROPERTY NEWS

PROPERTY, INVESTMENT & BANKING NEWS KEEP TRACK OF THE TRENDS IN PROPERTY AND REAL ESTATE

Sabah

SB IN

24

www.PropertyHunter.com.my

SW

International

Sarawak BK

WM

West Malaysia

Banking & Investment


Reputation More Important Than RM20million Loss for KK’s Developer

SB

From left; Nick Chu, Tan Sri Datuk David Chu, Kevin Thong

Jesselton Waterfront

financial resources to complete the project”, Chu said.

in the industry.

developer, Tan Sri Datuk

Subsequently, Chu engaged

towers comprising 333 luxury

About 80 percent of

David Chu said his company

Vinci Group, a French

condominium units and a

purchasers are Sabahan. The

is proud to see customers

contractor, to complete the

premium mall.

rest are mostly from China,

for his Jesselton Residences

project seeing their confident

happy with the completion

involvement with Berjaya

The mall has some 123 lots

and delivery of their quality

Group’s projects and it’s

spread over three floors

condominiums.

performance for the recent

with a net lettable area of

Jesselton Residences is the

completed Shell Plaza in Kota

80,000sqft.

first waterfront condominium

Holdings Sdn Bhd, Group Executive Chairman and first-time property

“We had to pay more than RM20 million to the purchaser for late delivery due to the first main contractor that was sacked because it lacked

Kinabalu.

Chu said he was not concerned about profits, but is keen to gain from having a good reputation

1,669sqft to 2,266sqft. The mixed development was first

His first property

launched in December 2011.

development features three

Hong Kong, Japan and South Korea.

development located in Kota The current selling price

Kinabalu’s CBD. Towering

for the remaining available

at 28-storey, it makes this

residential units averages

development the tallest

at RM1,200 per sqft with

building in Kota Kinabalu CBD

build-ups ranging from

waterfront area.

Thai Smiles Airways Flies Direct to Kota Kinabalu, Economy Boost

SB

Starting from 26 March

Thai Smile Airways operate

On 1 March 2017, Thai

Tourism is a major driver for

2017, Thai Smile will operate

from Suvarnabhumi, Bangkok

Smile’s flight WE421 departed

Kota Kinabalu’s economy.

regular flights to Kota

and with the launched of its

from Suvarnabhumi for

With more direct flights

Kinabalu, the capital of

new BKK – BKI route, Kota

Kota Kinabalu at 1.40 pm,

coming into the capital city

Malaysia’s Sabah state, the

Kinabalu citizens can now

arrived in Kota Kinabalu at

from the likes of Thailand,

fourth ASEAN destination to

ravel to Bangkok without

5.20 pm before leaving Kota

China, Korea and more, it will

be flown by Thai Smile.

transiting at Kuala Lumpur.

Kinabalu for Suvarnabhumi

boost the State’s economy as

A return ticket for Kota

at 6.30 pm, touching down in

well as the leisure properties

The flight from Bangkok (BKK)

Kinabalu to Bangkok roughly

Suvarnabhumi at 8.20 pm.

here in Sabah.

to Kota Kinabalu (BKI) took 3

costs around RM800+

hours 20 minutes. www.PropertyHunter.com.my

25


News

Draft Local Plan Can Solve Development Plan

SB

leasehold land titles.

the Chinese community.”

to TYT (Head of State) for

He said losing 900-year

Goh, who is also MCA Sabah

can be easily solved by

the draft local plan to be

lease term was unfair to

State Liaison Committee

gazetting the draft local

gazetted, which would then

the Chinese community

deputy chairman, has

solve all the problems.

given that West Malaysia

stepped down from his post

maintained the 999-year

as SHAREDA President in the

leasehold even after

24th Annual General Meeting

submission of the land title

(AGM) of the association on

for development.

March 25 to focus on his

The unnecessary delay

“We need the political will to

in the approval of

have it tabled and submitted

development plan (DP)

plan, said Sabah Real Estate and Housing Developers Association (Shareda) president Datuk Francis Goh. Goh said the delay in the DP approval can be reduced by at least 24 months by doing so. He reiterated that obtaining approval for DP was a lengthy

“If I win the Kepayan (state seat), I will bring this matter to the State Assembly,” he said that when officiating at The United Sabah Chinese Communities Association of Kota Kinabalu (USCCAKK) new office in Wisma Pendidikan.

procedure which could

On another issue, Goh

stretch up to 36 months.

also raised the concern of the Chinese community

Goh said all the districts in

pertaining to the 99-year

Sabah were still adopting the

leasehold tenure upon

draft local plan.

conversion of land use on Country Lease (CL) 999-year

“The main reason I venture into politics is to bring these issues up in the State Assembly so that we can fight for the benefit of our future generations, especially the Chinese community.

to Thai tourists. The State is

increase the arrival of Thai

richly blessed with natural

tourists, Sabah Tourism

diversity, adventure, beautiful

Board, in conjunction

beaches and fantastic

with Thai Smile Airways

cuisines.

and Tourism Malaysia,

The AGM on March 25 saw Mr Chew Sang Hai and Datuk Chua Soon Ping elected as the new SHAREDA President and Deputy President, respectively.

“I hope to use MCA as a platform to penetrate into Barisan Nasional (BN) and rectify policies which are disadvantageous to

Tourism Malaysia Hopes to Lure in 1.8 Million Thai Tourists In an effort to further

political career.

SB

“I hope that after this trip, there will be a good talk of our tourist destinations and new travel packages to be developed in Thailand,” said Abdul Khani.

has a lot of tourism products to offer and are well known around the world. With the commencement of Thai Smile Airways for the Bangkok-Kota Kinabalu route,

welcomed an entourage

“Sabah has it all, from the

of 22 media members and

world’s largest flower to

outbound travel agents to

the highest mountain in

He added that in 2016, the

to visit Thailand and enjoy

experience the inaugural

Southeast Asia and one of

tourist arrivals from Thailand

Thai hospitality, especially

flight from Bangkok to Kota

the world’ top dive sites, not

to Malaysia had increased by

since 2017 has been declared

Kinabalu.

to mention natural treasures

32.5 percent at 1.78 million,

Visit ASEAN Year, he said.

it is a good time for Sabahans

such as the world-renowned

compared to 1.343 million in

Tourism Malaysia deputy

Danum Valley Conservation

2015.

The Bangkok-Kota Kinabalu

director-general (promotion),

Area and Tabin, the State’s

Dato’ Sri Abdul Khani

largest wildlife reserve.

This year, Tourism Malaysia

with a seating capacity of

aims to attract 1.805 million

1,134, with outbound flights

tourists from Thailand, he

from the State capital at

said, further saying that he

1pm on Mondays, Tuesdays,

was confident the target

Thursdays and Saturdays,

would be met with continued

and 7pm on Wednesdays,

support and cooperation.

Fridays and Sundays.

Daud, said that apart from experiencing the unprecedented flight, the group also participated in a site visit to tourism products of the State. “Sabah has a lot of attractive tourism offerings that appeal

26

www.PropertyHunter.com.my

“The Land Below the Wind is also known for its unique cultures, with 32 ethnic groups that each have their own tradition, making Sabah diverse in culture as well.

Abdul Khani also said that at the same time, Thailand

route flies seven times a week


Fast and Furious Stunts With Russ Swift

SB

World-renowned precision

the business in Kuching. We

stunt driver, Russ Swift,

want Sarawakians to also

made his daredevil stunts

experience and enjoy driving

debut to Kota Kinabalu on

our standard and safe car”,

15th and 16th April. The

said Dato’ Arif.

British driver is a Guinness World Record holder for

“I took on the Subaru brand

his do-nuts stunts, J-turns,

because of its principle. Motor

reverse parallel parking and

Image believed in the Subaru

many more high energy

brand and has given me the

moves!

opportunity to bring in the brand to East Malaysia. I only

Despite his death-defying

have them to thank for their

moves, the jovial driver says

support,” he added.

that he is a very safe driver on the roads. Speaking at a press conference on Tuesday, April 11, AA Capital Group founder, Dato’ Arif Ambrose also took the opportunity to tease the invited guests of further expanding to Kuching, Sarawak, sometime very soon. “My company has been invited by Subaru to expand

Stunt driver, Russ Swift with AA Capital Group founder, Dato’ Arif Ambrose

Dato’ Arif also mentioned that the group plans to open an auto hub to store Subaru’s spare parts. The hub will also house spare parts for the likes of Chevrolet and Mitsubishi cars. A paint job and full service can also be done at the hub once it’s completed.

Subaru Forester, CEO of

Commenting on the new

New Bus Terminal for Lahad Datu

manager Nazly Yahya.

Sebangga Auto, Syahrin Masri, said that the car would be

Russ Swift, in collaboration

equipped with an astounding

with Subaru, once again

number of seven airbags

demonstrated the thrill of

which includes one special

driving a Subaru via this

knee airbag that aims to

adrenaline-fuelled show.

safeguard the knee from damage in the event of an

The Russ Swift Stunt Show

accident.

took place on 15th and 16th

Also present in the event was

Kinabalu. There were 3 shows

Subaru Kota Kinabalu branch

happening at 1PM, 3PM and

April at Stadium Likas, Kota

5PM on both days.

SB

The bus terminal that will

and it will be another area

be set up in the First Palm

worth looking at after Kota

City Centre at a cost of RM3

Kinabalu,” he said at the

million will enhance Lahad

groundbreaking ceremony of

Datu’s transportation system

the bus terminal and opening

and public amenities.

of the sales gallery for First Palm City Centre (FPCC) on

Local Government and

Thursday, March 30.

Housing Minister Datuk Seri Panglima Hajiji Mohd

Furthermore, Hajiji said

Nor said he believed the

the growth of the Lahad

development of the bus

Datu property market was

terminal in this district will be

definitely encouraging as the

much appreciated by the local

district, which has more than

residents as it would reduce

300,000 residents, boasts a

travelling time for the local

ready market and a growing

community within the town

population.

and across Sabah. “As the Minister of Local “The development of the Pan

Government and Housing, I

Borneo Highway will also be

assure you that Lahad Datu

a boost to domestic business

will continue to prosper given

activities. Lahad Datu holds

the continuous efforts by the

many promising prospects

state government to achieve

An artist’s impression of the bus terminal in Lahad Datu

municipality status for Lahad

development in Lahad Datu,

Datu,” he said.

comprising of commercial shops, serviced apartments,

Hajiji added that the FPCC,

office tower and the well-

which is a joint effort by the

known Giant Hypermarket

local government and private

advantageously located in the

sector (Titijaya Land Berhad),

town centre.

will become a landmark for Lahad Datu upon completion.

The bus terminal is expected to be completed within

Titijaya Land Berhad Group

this year while the FPCC is

managing director Tan Sri

expected to be completed

Dato’ Lim Soon Peng said

within three years.

the FPCC is a significant www.PropertyHunter.com.my

27


28

www.PropertyHunter.com.my


FEATURED EVENT

Sales Gallery for The MET Corporate Towers to Open Next Month Naza TTDI Sdn Bhd has forged a strategic partnership with Triterra Metropolis Sdn Bhd (Triterra) to kick-start an office development dubbed The MET Corporate Towers at the 75.5-acre KL Metropolis in Jalan Duta, Kuala Lumpur. The project is currently undergoing a private preview, with the developer planning the prelaunch of the RM650 million gross domestic value (GDV) development. Words by Property Hunter

YBhg. Datuk Seri Michael Yam, Joint Chairman, Triterra Metropolis Sdn Bhd speaking at the launch of the Triterra Partnership Cup, an event commemorating the strategic partnership between Triterra Metropolis Sdn Bhd and Naza TTDI Group www.PropertyHunter.com.my

29


FEATURED EVENT

Triterra Metropolis Sdn Bhd and Naza TTDI Group exchanging the signed jerseys before the match to commemorate the partnership. From left : Mr. Christopher Lim, Chief Executive Officer, Triterra Metropolis Sdn Bhd, YBhg. Dato’ Wira Lim Teong Kiat, Joint Chairman, Triterra Metropolis Sdn Bhd, Mr. Daniel Lim, Deputy Chairman, Triterra Metropolis Sdn Bhd, YBhg. Datuk Seri Michael Yam, Joint Chairman, Triterra Metropolis Sdn Bhd, En. SM Faliq Tan Sri SM Nasimuddin, Deputy Executive Chairman and Group Managing Director of Naza TTDI Group, YBhg. Datuk Wira SM Faisal Tan Sri SM Nasimuddin, Group Executive Chairman and Group Chief Executive Officer for Naza World Group of Companies

P

roperty developers must come up

Expected to be completed by 2021, the

Triterra CEO Christopher Lim Hwa Seong

with relevant products that meet

MET Corporate Towers will consist of a

noted that the development has received

the expectations of millennials,

42-storey North Tower and a 30-storey

overwhelming response from individuals

said Triterra Metropolis Sdn

South Tower, said Yam.

as well as corporate bodies during a

Bhd (Triterra) joint chairman Datuk Seri

recent private preview.

Michael Yam at a press conference after

He also added that the North Tower of

the signing ceremony between Triterra

The MET Corporate Towers will comprise

“The sales gallery will be ready in the next

and Naza TTDI Sdn Bhd on April 11.

about 450,000 sq ft of net saleable area.

four to six weeks. We are preparing for

The tower will target retail customers

the official launch of the project,” he said.

With an estimated gross development

looking for a business space ranging from

value of RM650 million, the office

900 sq ft to 2,200 sq ft. The South Tower,

development is located on the 2.47-acre

on the other hand, will have 150,000 sq ft

Met 8, one of the eight precincts of KL

of net saleable area.

For further enquiries, please contact Marketing Agency:

Metropolis. Yam is confident that The MET Corporate While most corporate partnerships are

Towers will be able to cater to the

typically commemorated within four walls,

demand from nearby Mont Kiara where

the two corporations symbolized their

there is limited supply of office space.

collaboration in a rather unconventional way. The partnership between Triterra

“The office space in the area is almost

and Naza TTDI was marked by the

fully occupied, so if the businesses there

inaugural “Triterra Partnership Cup” — a

want to expand, they have to pay about

friendly football match between the two

RM1,200 psf for a three-star product

parties at the Royal Selangor Club field in

launched 10 years ago,” he said.

Bukit Kiara.

30

www.PropertyHunter.com.my

PROPERTY HUB (SABAH) SDN BHD Unit 1.5, 1st Floor, Wisma Milenia, 3 1/2 Jalan Tuaran, 88400 Kota Kinabalu, Sabah. Mr. Khoo : 017 746 7118


1

2

3

4

5

1 Daniel Lim, Deputy Chairman of Triterra Metropolis Sdn Bhd exchanging the Partnership Agreement with SM Faliq Tan Sri SM Nasimuddin (seated second from right), Deputy Executive Chairman and Group Managing Director of Naza TTDI Group while Christopher Lim, Datuk Wira SM Faisal Tan Sri SM Nasimuddin and Datuk Seri Michael Yam (standing left) looks on. 2 SM Faliq Tan Sri SM Nasimuddin, Deputy Executive Chairman and Group Managing Director of Naza TTDI Group speaking at the launch of the Triterra Partnership Cup, an event commemorating the strategic partnership between Triterra Metropolis Sdn Bhd and Naza TTDI Group. 3 SM Faliq Tan Sri SM Nasimuddin (third from left), Deputy Executive Chairman and Group Managing Director of Naza TTDI Group and Daniel Lim (fifth from right), Deputy Chairman of Triterra Metropolis Sdn Bhd unveiling the Triterra Partnership Cup. Looking on are (from left) En. Idzham Mohd Hashim, Executive Director, Naza TTDI Sdn Bhd, YBhg. Datuk Wira SM Faisal Tan Sri SM Nasimuddin, Group Executive Chairman and Group Chief Executive Officer for Naza World Group of Companies, YBhg. Datuk Seri Michael Yam, Joint Chairman, Triterra Metropolis Sdn Bhd, YBhg. Datuk Lim Say Chong, Director, Triterra Metropolis Sdn Bhd, YBhg. Dato’ Wira Lim Teong Kiat, Joint Chairman, Triterra Metropolis Sdn Bhd, Mr. Christopher Lim, Chief Executive Officer, Triterra Metropolis Sdn Bhd, Mr. Andrew Lim, Director, Triterra Metropolis Sdn Bhd. 4 YBhg. Datuk Seri Michael Yam, Joint Chairman, Triterra Metropolis Sdn Bhd speaking at the launch of the Triterra Partnership Cup, an event commemorating the strategic partnership between Triterra Metropolis Sdn Bhd and Naza TTDI Group. 5 Team Naza TTDI and Team Triterra after the match with the Partnership Cup. The winner of the match was KL Metropolis commemorating the partnership between Triterra Metropolis Sdn Bhd and the Naza TTDI Group.

www.PropertyHunter.com.my

31


News

S P Setia Acquires 342.5 Acres of Prime Land in Bangi S P Setia Berhad (S P

via several major highways

Setia), via its wholly

namely Kajang-Seremban

owned subsidiary, KL East

Highway (LEKAS), North-

Sdn Bhd, entered into

South Expressway (PLUS)

a conditional sale and

and South Klang Valley

purchase agreement to

Expressway (SKVE). Bangi

acquire a parcel of land

Land is approximately 30

measuring approximately

km south-east of the city

342.5 acres located in

centre of Kuala Lumpur and

Bangi, Selangor, known

approximately 25 km from

as Bangi Estate (“Bangi

Kuala Lumpur International

Land”), from a subsidiary

Airport (KLIA).

of PNB Development Sdn. Berhad (PNB Development),

Bangi Land is planned for a

Seriemas Development Sdn.

mixed development township

Berhad, for a purchase price

comprising residential (e.g.

of approximately RM447.58

apartments, linked houses

million (RM30.00 per square

and cluster houses) and

foot).

commercial (e.g. shops and shop offices) components

PNB Development is a

and is expected to have a

wholly owned subsidiary

gross development value

of Permodalan Nasional

(GDV) of approximately

Berhad (PNB).

RM2.74 billion.

Bangi Land is located near

“Bangi Land is also located within a 5-km radius from our existing

Bandar Baru Bangi, Kajang and Semenyih. It is accessible

WM

From left: Wahid, S P Setia Bhd chairman Tan Sri Dr Wan Mohd Zahid Mohd Noordin and Khor at the press conference after the signing ceremony. (Photo by Low Yen Yeing)

two sister mixed development townships, namely Setia Ecohill and Setia Ecohill 2. With our good track record, we are confident of developing Bangi Land into another success story for us to be proud of”, said Dato Khor’ Chap Jen.

said, adding that the Prime

Datuk Seri Panglima Musa

Minister had chipped in

Haji Aman, said, the Sabah

RM250 million for this

International Convention

project.

Centre (SICC) is a project to prepare Sabah to become a leading international meeting, incentives, conventions and exhibition (MICE) centre. “It is a highly specialised venue that will be equipped

Musa was also keen on the outcome of The Jesselton Quay project which would become an iconic landscape as Kota Kinabalu city’s new waterfront and premier tourism frontier.

Amanah Saham Bumiputera, had entered into a nonbinding Memorandum of Intent to commence negotiations on the proposed acquisition by S P Setia of the entire equity interest in I&P Group Sdn. Berhad, which has remaining 4,263 acres of landbanks to fast track its

On the same day, S P Setia,

expansion plan.

PNB and Amanahraya

Sabah International Convention Centre to Be Leading MICE Centre Sabah’s Chief Minister,

Trustees Berhad, trustee for

SB

An artist’s impression of Sabah International Convention Centre

reclamations, especially along

from Likas Bay all the way to

the Kota Kinabalu seafront,

Tanjung Aru.

has over the years been a source of aggravation to

“I made the bold decision to

ensure smooth and efficient

The project will have its

many, especially those in

freeze all KK seafront land

running of MICE activities.

own cruise terminal and will

conservation.

applications and even went

SICC is designed to be ahead

integrate the Kota Kinabalu

of its generation and is a

International Cruise Terminal,

“To the dismay of many,

representation of the best-

marina facilities and the SICC.

previous administrations

with high-tech facilities to

featured convention centre derived from the world’s leading MICE venues,” he

32

www.PropertyHunter.com.my

to court to wrestle back those

had granted approvals for On a more serious note,

reclamation for the purpose

Musa said, the issue of land

of commercial development

that had been approved.”


www.PropertyHunter.com.my

33


News

TAED to Benefit Economy, Community and Environment Sabah must leverage on its geographical location, being at the heart of the Brunei, Indonesia, Malaysia and Philippines – East Asean Growth Area (BIMP-EAGA) and strategically located along the Far-East shipping routes, said Chief Minister, Datuk Seri Panglima Musa Haji Aman.

Musa said, the Tanjung Aru Eco Development (TAED), a 348-hectare integrated beachfront development in Tanjung Aru, was envisioned to be well-positioned to benefit the economy, community

SB

and environment. “To create a sustainable development like no other in the region, TAED needs to be, not only economically viable but also socially and environmentally acceptable.” By specifically developing TAED with low-impact residential, hotel and commercial properties, he said, the State government would not only be able to raise the necessary funds for construction but also to finance the maintenance

Rent Houses to Avoid Long-Term Debt

Tanjung Aru Eco Development

of all public areas of the

with this holistic approach

development, including the

towards improving all

new beach and park.

three – economic, social and environmental aspects

“There is no other

of sustainability, that TAED

development comparable to

will undoubtedly set a high

TAED. TAED is envisioned to

benchmark for all future

be well-positioned to benefit

developments in Malaysia

the economy, community

and the region,” he said.

and environment. It is

WM

Malaysians should change

hand, are prepared to

their mindset and rent

commit themselves to 30-

houses for a longer period

year loans when they are as

instead of buying them at

young as 28, he observed.

a young age so as to avoid being trapped in a huge

“As a result, we are scared to

long-term debt, says Second

change a job or become an

Finance Minister Datuk Seri

entrepreneur because we are

Johari Abdul Ghani.

scared of the liabilities that

“Opening our mindset is not easy. Why? It is in our culture … we don’t believe in renting [the property] for 20 to 30 years,” said Johari at a dialogue session on the “Transformasi Nasional 2050” (TN2050) vision at the finance ministry.

we have.

Government should provide affordable houses to rent

“So, the only way to resolve

when they go to work,

the Vision 2020 gap. The

that part is that we have to

they don’t have to buy

Vision 2020 concept is the

change our culture, and to

a car anymore,” he said,

brainchild of former premier

do that, the government is

“because everywhere is well-

Tun Dr Mahathir Mohamad.

providing affordable houses

connected.”

to rent, not affordable houses to buy,” he said, adding that “no one wants to incur debts

The government, via the 1Malaysia People’s Housing

“Vision 2020 complements the TN2050 aspirations, which are more inclusive and detailed in nature,” Johari also said.

forever, throughout their life”.

Programme initiative, in

Johari said the general trend

Johari said most Malaysians

own housing scheme, where

in countries like Australia

choose to take hire-purchase

successful applicants get to

and the UK was for families

loans and mortgage loans

rent affordable homes before

The main aim of the TN2050

to rent homes, and only

soon after they start working.

deciding to buy them at the

initiative, he added, is to

end of the fifth or 10th year

elevate Malaysia to be

at a pre-determined price.

among the top 20 developed

purchase them after they have saved enough money. Malaysians, on the other

34

www.PropertyHunter.com.my

“This is why the government

2014 introduced a rent-to-

countries in the world, as

is investing in public transport. We need this so

Meanwhile, Johari said the

measured by gross domestic

that the next generation

TN2050 initiative bridges

product.


www.PropertyHunter.com.my

35


36

www.PropertyHunter.com.my


HOT TOPIC

HOUSING LOAN DOCUMENTS 10 important things to look out for before signing Words By Chris Tan

A

signature serves as a universally recognised symbol of proof of an agreement and seals the deal in many agreements and contracts and

makes it legally binding. One should scrutinise loan documents carefully before signing them. The terms in housing loan documents are usually standardised by financial institutions. The terms may vary by the letter of offer which is tailored to the prospective borrower’s circumstances and capabilities on the repayment of the loan. With the idiom, “the devil is in the details” in mind, one would certainly want to avoid being taken by surprise by certain terms and conditions that might have been missed.

www.PropertyHunter.com.my

37


HOT TOPIC

Here is a list of 10 things to look out for before signing that housing loan document.

THIRD. Interest Rate. It needs to be considered that the rate of interest per annum quoted by the financial institution from time to time differs according to present circumstances and will be reflected in the letter of offer. Different financial institutions also provide different Effective Lending Rates (ELR) subject to revision which has been updated recently and can be accessed at the BNM website. According to the BNM Guide to Consumer on Reference Rate, the borrowers should compare and contrast ELRs offered by different financial institutions, ask for a Product Disclosure Sheet for the best ELR suited, enquire about the factors which could affect the Base Rate (BR) from the financial institution, observe the monthly

FIRST. Type of Loan. There is a wide variety of loans offered by financial institutions. Each type of loan is unique. These include overdrafts, deferred payment, term loans, flexi loans, Islamic financing, interest only loan, etc. The borrower must understand the features of each type of loan from the bankers before choosing the one that best suits them.

SECOND. Loan Amount. Apart from financing for the purchase price of a house, the borrower may request the financial institution to finance other costs that will be incurred by the housing loan facility such as the Mortgage Reducing Term Assurance (MRTA) or the Mortgage

repayment amount and assess further capabilities of the loan’s affordability to equip the borrower to deal with the fluctuation rates periodically.

FOURTH. Length of Loan. Housing loan periods can range up to 35 years. It can also depend on the borrower’s age, reaching up to 65 years of age (or any other age as determined by the financial institution). However, longer loan tenures will usually be given to younger borrowers with a good credit profile. The length of loan also determines the amount that needs to be paid monthly as longer loans for the same amount of monies borrowed requires less servicing monthly.

Reducing Term Takaful (MRTT), valuation fees and legal costs. MRTA and MRTT is a reducing term life insurance which protects the borrowers financially in the event of a death or total permanent disability. Most of the financial institutions require the borrowers to subscribe to the MRTA or MRTT for their loan. The borrower may ease their financing burden of having to pay for upfront costs getting financing of the said costs in the loan amount. However, this additional loan amount will increase the amount of the monthly instalment.

38

www.PropertyHunter.com.my

FIFTH. Payment of Loan. One shouldn’t burden themselves too much and bite off more than they could chew in financing their loans. Instalment amounts should be kept in check so that instances of increment are kept in check. The amount spent per month on financing loans should not eat away too much into the funds needed for the cost of living.


SIXTH. Lock-in Period. Financial institutions will set a ‘lock-in period’, whereby the borrowers are not allowed to settle the loan repayment in full prior to the deadline period otherwise, an earlier exit penalty will be imposed. Besides the duration of the lock-in period, the commencement date of the lock-in period also plays an important role especially for the financing of under construction houses. The common commencement date could be from the date of first loan disbursement or full loan disbursement. For instance, if the commencement date of the lock-in period is from the date of the full loan disbursement, the duration of the lock-in period for the financing for a completed house is effectively shorter than financing for an under-construction house as the latter will take 2 to 3 years to disburse the loan fully. Therefore, the borrower should be aware of the lock-in period time, the start date of the lock-in period, as well as the rate of the exit penalty.

SEVENTH. Type of Security Document. For residential properties, it can either come with its title or without it. The security documents that concerns properties with a title are the charging instrument in Form 16A, Charge Annexure, and Facility Agreement. Properties that do not have its own title yet require the Deed of Assignment, Power of Attorney, and the Facility Agreement as security documents. In certain circumstances, if the financial institution is under the impression that the borrower’s financial background or records are not strong enough, additional security may be required. The additional security could be in the form of a guarantor, an assignment of rental proceeds, a charge over the fixed deposit, etc.

EIGTH. Events of a Default. The ‘events of default’ clause in a loan agreement stipulates that events trigger the financial institution’s exercising rights in the loan agreement, such as demanding for the full repayment of the loan amount. Financial institutions tend to have very broad “events of default” clauses to protect their interest in instances which are in the opinion of the financial institution may imperil, delay or prevent the borrower or the security party from performing its obligations or jeopardise the financial institution’s interest.

TENTH. The Right of The Financial Institution on Default. In the event of a default, the financial institution could immediately suspend the utilisation of the loan to prevent further disbursement. The amount owed by the borrower is immediately payable upon the Financial institution’s demand and they can impose a default interest on the amount owed and due. The financial institution shall exercise the rights as attorney of the borrower and/or security party to deal with the property in the borrower’s and/or security party’s name and on their behalf.

NINTH. Default Interest Rate. In the

Thus, it is important to examine the terms and conditions in the

event of a default, the prescribed default interest rate is to be

housing loan documents. Borrowers should be clear on what they

applied on an overdue amount. This additional interest rate is

are bound by. With due diligence, one could almost certainly avoid

applied on top of the Base Rate which is higher than the ELR.

any unpleasantries and disagreements that could further complicate matters.institution’s interest.

www.PropertyHunter.com.my

39


News

DBKK to Take Illegal Squatters to Court

City Hall is preparing to

to Alamesra on Monday,

take to court squatters who

March 27.

SB

set up illegal structures on government land.

According to him, the operation to demolish the

“We are now in the process to

illegal structures is the fourth

use the law to investigate and

for the area which is located

bring these squatters who

on state land.

City Hall is preparing to take to court squatters who set up illegal structures on government land

to court,” said City Hall

He said a total of 104

persons per home, we are

Enforcement Department

personnel were involved

Director Abdul Mukti

in the operation in which

Muchlish.

170 squatter homes were

build these illegal structures

detected. “We have issued the notice earlier to them as

“The authorities are active

the building was illegally

in checking in the area and

constructed without proper

conducting raids. For City

approval and we will be

Hall, we will do a repeat

conducting demolition

demolition each year.

exercises today,” he added.

“Judging from the number

He said the operation so far

We have also noticed after

thanks to the cooperation

we carry out a demolition

of City Hall departments

exercise the squatters will set

and personnel together

up their homes further in the

with nine other government

mangrove swamps in a bid to

agencies, including the

hide from the authorities.”

police, Immigration, Land and

saw no unwanted incidents

Survey, National Registration He said City Hall often

Department and others.

received complaints that the On steps that City Hall

area here have engaged in

had taken to prevent the

theft and disturbance in the

squatters from rebuilding,

nearby Alamesra housing

Mukti said they will continue

homes.

areas and that when chased

to monitor the area and

by authorities they will run

also take legal action against

“With an average of 5-6

into the mangrove area to

them.

of homes demolished this

during a joint City Hall

time, the number of homes

several government agencies

is increasing as previously we

operation to demolish

recorded only around 100

170 squatter homes in a mangrove areas located close

squatters in the area.

inhabitants of the squatter

Mukti said this to the media

three-day operation at the

looking at least 800 to 1,000

evade capture.

93pct of Malaysians Who Do Not Own Houses, Will Do So in 5 Years

WM

Ninety-three percent of

France, Malaysia, Mexico,

purchase houses because of

buying property with a family

Malaysians who do not own

United Arab Emirates, United

rising property prices amid

member.

houses are expected to do

Kingdom and the United

slow salary increments.

so in the next five years,

States.

according to the findings of

The HSBC research identified The study also highlighted

four actions that millennial

a survey conducted by HSBC

The respondents gave their

that 75 percent of the

can undertake to make

Holdings plc, London.

feedback on home ownership

millennial intended to

house ownership a reality.

prospects, the changing role

purchase a house but had

The increasing supply of

of houses and the pitfalls of

not yet saved enough for

“Plan early and do not

affordable houses and

budgeting.

a down payment and 43

underestimate the deposit,

percent held back because

budget beyond the purchase

property developers would

“Houses in the mid-tier

they cannot afford to buy the

price, reconsider daily

help stabilise property prices

property sector, ranging

type of property they liked.

expenses and get a full view

over this period, said the

below RM500,000, is in high-

survey titled, “Beyond the

demand among millennial-

In view of the lack of cash to

Brick”.

seeking to purchase their first

afford a house, 62 percent

“Such examples include,

home,” said Lim Eng Seong,

of the millennial considered

saving for the deposit early,

The findings are based on a

Head of Retail Banking and

spending less on leisure,

budgeting extra items that

survey of 9,000 homeowners

Wealth Management.

41 per cent were prepared

make your house a home

to buy a smaller place and

and seek professional

23 percent considered

financial advice to help make

transport infrastructure by

and non-home owners in Australia, Canada, China,

However, millennial found themselves to be unable to

40

www.PropertyHunter.com.my

of your finances.

the right choices,” Lim said.


www.PropertyHunter.com.my

41


News

Pan Borneo to Skip Brunei to Avoid Passport Checks The federal government is considering having the Sarawak portion of the Pan Borneo Highway skip Brunei Darussalam to avoid the hassle of numerous passport checks for motorists, said Works Minister Datuk Seri Fadillah Yusof. He said feedback from

SW

through immigration at the borders with Brunei Darussalam. He also said that the proposal was among the options to be considered if discussions relating to immigration at Brunei Darussalam’s borders with Sabah and Sarawak remained unresolved.

the grassroots indicated

Pan Borneo Highway development plan

Najib had been quoted as

This situation is unavoidable

saying that Malaysians in

because a part of Sarawak

Sabah and Sarawak, as well

is wedged between Brunei

as Brunei citizens, had to

Darussalam.

a preference for a road

Fadillah said he would

connecting Miri and Limbang

raise the matter with Prime

via Marudi to prevent

Minister Datuk Seri Najib Tun

motorists from Sabah or

Razak.

pass through eight Customs, Immigration and Quarantine

Meanwhile, on another

through Brunei Darussalam.

In December 2016, Najib

(CIQ) checkpoints if they

matter, Fadillah said PBB

announced the establishment

drove one way from Sarawak

Youth which he heads

“Among the proposals is the upgrading of roads built under the Jiwa Murni project in Marudi,” he said. Fadillah said this would do away with the hassle of having to go

of a joint technical committee

through Brunei Darussalam

had been mobilised to get

with Brunei Darussalam to

to Sabah.

feedback from youths in

Sarawak from having to travel

eliminate bureaucracy at these borders by looking into the possibility of travel without passport checks.

the state for inclusion in the By commuting to and fro, a

National Transformation

motorist would have his or

2050 (TN50) plan.

her passport stamped 16 times, he had said.

Affordable Housing Shortage to Exceed 1mil by 2020

SB

Affordable homes are

home prices (17.6 percent)

assumption that household

affordable housing with the

indeed crucial to the

exacerbated the supply

can only acquire properties

number of low- and mid-

people as it provides signs

shortfall.

they can afford.

income households.

And despite the efforts

It defined affordable housing

The demand for affordable

by the federal and state

as those priced between

homes supported the

Bank Negara Malaysia

governments through various

RM248,000 and RM261,000

expansion by banks in end-

(BNM) expects affordable

programmes, the housing

in 2014.

financing for residential

housing shortage to exceed

market still failed to provide

one million units by 2020,

sufficient supply of affordable

with Sarawak and Sabah

homes for lower and mid-

accounting for 50 percent of

income households.

and indicator of a stable economy.

the total shortage. In fact, the problem is In its 2016 Annual Report,

prevalent in all states, with

BNM noted that the issue

Sarawak and Sabah making

of affordable housing

up half of the total shortage

mirrors the supply-demand

of affordable homes in

imbalances, which worsened

Malaysia, which totalled

in Malaysia in 2012 to 2014.

960,000 in 2014. Since the

It added that the slower

stock of affordable housing

increase in household

is not readily available, the

incomes (12.4 percent)

report revealed that the

relative to the hike in

estimation is based on the

42

www.PropertyHunter.com.my

According to the report, affordability crisis persisted even as banks continued to offer to finance for housing purchases. With this, the share of affordable housing transaction is made as the proxy for the share of affordable homes within the market. The shortage of affordable homes is determined by subtracting the stock of

property acquisitions. With this, the report suggested four proactive measures – forming a central repository to monitor and manage supply and demand; rising supply and lowering the prices of affordable homes; diversifying financing sources via innovative financing schemes; and developing a thriving rental housing market by enforcing tenancy protection to make rental a viable option and not a last resort.


www.PropertyHunter.com.my

43


HOT TOPIC

THAT PARKING’S MINE!

Parking woes in KK condos If you’re one that likes to read about juicy gossip the news regularly, you may have stumbled upon some news not too long ago about a “Datuk Seri” in Penang having a showdown with security forces. This guy apparently lost his cool because his car got clamped down for parking too long at a temporary parking space. However, for those of you who have stayed or are currently staying in a condo here in KK, will surely understand that finding a parking spot is just like winning the 4D lottery. A common scenario that we can all relate to is this: you keep circling and circling and circling the premises, lose your patience, and settle for parking under a tree that’s 1km away. Words by YK Hwong PropertyKid.com

44

www.PropertyHunter.com.my


www.PropertyHunter.com.my

45


Contibutor

46

www.PropertyHunter.com.my


C

ommon sights of

If 500 units mean 600 parking

Now, where can you find these

endless cars parked

spaces, and another 80 visitors’

2-parking space condos? On top

on both sides of the

parking, then the total would be

of my head, the Surian Residence,

road leading up to the

680 x 20 = 13,600sf for parking.

Suritz Condo, the Light Residence

condo itself is nothing

And 13,600sf ÷ 1000sf per unit

offer 2 carparks for most of their

rare. Sometimes the smart strategy

equates to roughly 10 condo

units, whereas with Gamuda’s

for the “battle of the parking spots“

units! But wait! You still have to

Bantayan Residence, you can buy

is by having to come home earlier

add in the roads to get to the

extra carpark when needed which

than you’re supposed to. And

parking, which further eats into

I think is awesome. If you have the

once you’ve found that spot, you

the land space. The more carparks

money, then you definitely should

cling to it for dear life and ask your

a developer has to build, the

buy another one. I guarantee you

friend to pick you up for dinner

lesser units the developer can sell.

that it’s worth it. And even if you

so that you wouldn’t lose it. This

Basically, more carparks mean less

don’t us it, you can still rent it out

battle repeats EVERYDAY. I feel

$$$ for them.

for a nice little profit. Someone I

you, because I, myself have gone through this many times too. See, the problem is, most condos

know that owns many apartment So, if you can find a condo that

units in a certain place here rents

comes with 2 parking space, please

out her carparks to other tenants

do consider it!

for 150 every month. She doesn’t

today only come with 1 parking

use any of the parking spaces, so,

for a standard-sized unit. But,

However, do take note of these:

everyone knows that families in

1. Whether the parking space

why not?

Malaysia – at least the ones I know

provided is side by side or

However unlikely this might

– own at least 2 cars or more. This

in tandem (front and back),

be, I do hope that developers

is where the dilemma begins and

choose the one that’s side

would consider providing 2

this is why you see cars parked

by side. Tandem parkings

parking spaces for their new

along the roadside, the drain,

are tedious for when you

developments. But for now, I guess

under trees, on the curb, double

want to leave earlier in the

we would all have to just get used

park, triple park, illegal park….and

morning but you happen to

to parking at the side of the road

if you drive a small car like a Kancil,

have parked in the front and

or under a tree, only to find bird

even wedged in between parkings.

your housemate or wife blocks

crap on your car the next morning.

Basically, anywhere anyone can

your car from behind. Imagine

squeeze their cars into.

having to tell your wife to hurry up in the mornings while

If you’re thinking of about buying

she’s getting ready….

a condo for your own stay, I suggest you get at least 2 carparks.

2. This is extremely important,

Otherwise, a few years down the

but consider where your

road, it will be a nightmare once

parking space is located. I’ve

the area has fully matured and is

a friend who recently got the

fully occupied.

OC for her apartment in Lido

Such is life….

and got the shock of her life. Developers are well aware about

Basically, she only found out

this problem, but to build a single

then that she has to circle

carpark space can cost them as

up 8 times just to reach her

much as RM10,000 to RM20,000

parking spot! 8 times up and

per lot. Why so high you ask?

8 times down. That’s 16 times

Two words – land cost. Land cost

having to circle around the

here means that the same space

parking every time she wants

used for a parking space costs

to go in and out each day.

a developer to lose their Nett

Imagine coming home after a

Sellable Area (yes, I just made that

night of drinking with friends

term up). So, if 1 parking space

and having to circle up 8 times

uses 20sf of space for a 90-degree

just to get home. Ok, but

angle parking, 50 parking spaces

please don’t drink and circle

would equate to 1000sf of space.

up and down condos, kids!

YK is a self-learned investor by every means necessary; back then, reading all about it from limited resources and attending every property related event and asking anyone who would spare their time with him. He now spares his own time inspiring others interested in starting and building their own investment journey. www.PropertyHunter.com.my

47


News

S P Setia to Acquire I&P Group From PNB and ASB to Tap Inter Group Synergy

WM

S P Setia Berhad (S P Setia), Permodalan National Berhad (PNB) and Amanahraya Trustees Berhad (as trustee for Amanah Saham Bumiputera) (ASB) had entered into a non-binding Memorandum of Intent (MOI) to commence negotiations on the proposed acquisition by S P Setia of the entire equity interest in I&P Group Sdn. Berhad (I&P Group), which has remaining 4,263 acres of landbanks to fast track its expansion plan (“Proposed I&P Acquisition”). The indicative price for the Proposed I&P Acquisition is estimated to be within the range of RM3.5 billion to RM3.75 billion. However, the final purchase price will only be determined and agreed upon after taking into consideration the necessary due diligence results, the audited net assets value (NAV) of I&P Group which as at 31 December 2016 was RM3.16 billion. The Proposed I&P Acquisition will be funded by a combination of equity, internally generated funds and borrowings. S P Setia is constantly on the lookout for opportunities to expand its land banks and to stay ahead as the leading township developer in Malaysia. Upon successful completion of the Proposed I&P Acquisition, S P Setia will have increased its prime land banks in Central Klang Valley and Johor Bahru significantly. “We are truly excited about this corporate exercise

48

www.PropertyHunter.com.my

YBrs En Adenan Md. Yusof, Director of AmanahRaya Trustees Berhad, YBhg Dato’ Abdul Rahman Ahmad, President and Group Chief Executive of Permodalan Nasional Berhad, YBhg Tan Sri Dato’ Sri Hamad Kama Piah Che Othman, Chairman of PNB Development Sdn. Berhad, YBhg Tan Sri Abdul Wahid Omar, Chairman of Permodalan Nasional Berhad, YBhg Tan Sri Dato’ Seri Dr Wan Mohd Zahid, Chairman of S P Setia Berhad, YBhg Dato’ Khor Chap Jen, President and CEO of S P Setia Berhad, YBrs Encik Mohd Salem Bin Kailany, Chief Executive Officer of PNB Development Sdn. Berhad and also, the Director of Seriemas Development Sdn. Berhad, a subsidiary of PNB Development Sdn. Berhad

embarked upon by our

and synergistic benefits

term investor, we see this as

Group. We believe that the

through cross-fertilisation of

another opportunity for PNB

acquisition of I&P Group will

resources, best practices, and

to enhance shareholders’

allow us to tap the synergistic

technical know-how between

value and increase future

opportunities that I&P Group

the two companies.

dividend yields for the benefit

could offer given that its land banks are located within the

The President & Group Chief

growth areas in the central

Executive of PNB, Dato’

part of Klang Valley and Johor

Abdul Rahman Ahmad said

Bahru. We also look forward

that the strategic rationale

to welcoming the talented

for the combination is

team of I&P Group to the

clear and compelling. This

family”, said Dato’ Khor Chap

combination of both groups’

Jen, President and CEO of S

land banks will create the

P Setia.

largest property company in Malaysia and one of the

From PNB’s perspective,

leading players, with a total

the proposed transaction

landbank of close to 10,000

is in line with its recently

acres”.

announced Strategic Plan to transform the performance

“PNB will be supportive of S

of its strategic and core

P Setia’s plans on how best

companies as well as

to finance the acquisition

rationalise and enhance

and is ready to provide the

PNB’s property investments.

necessary capital support

It will also allow S P Setia and

to ensure the success of

I&P Group to enjoy strategic

the transaction. As a long

of our unitholders,” he said.


www.PropertyHunter.com.my

49


News

More China Nationals Buy Sabah Property

SB

Sabah may see an

citizens to only two property

and the tin mining boom in

He said locals would not be

increasing number of

purchases, the wealthy ones

the 19th century.

able to afford the properties

China nationals purchasing

shift their focus to properties

property under the Malaysia My Second Home (MM2H) programme. Sabah Association of Tour and Travel Agents (Satta) president Datuk Seri Winston Liaw said there are also inbound tours designed to include property viewing as part of the itinerary. “Some (inbound) tours now also allocated a day to take tourists to view properties

abroad, he said.

“They will be looking at areas which offer them the most favourable conditions and conducive environment for investment. The blue skies, clean environment, friendly people and the lack of language barrier in Sabah are favourable factors for the Chinese,” he said.

in Sabah in times of A combination of sunny

economic slowdown.

weather, friendly people and cultural similarities has

“We need Chinese investors’

helped to boost Malaysia’s

financial strength to boost

appeal to the Chinese

our economy.”

seeking to escape the volatile climate and worsening

Liaw said many landowners

pollution at home as they

who did not have sufficient

sign up under the MM2H

funds could forge joint

programme.

venture partnerships with Chinese investors to develop

While Liaw had noticed more

their lands for tourism,

and more China nationals

commercial purposes or even

acquiring residential

theme parks.

properties in the country,

here. And a lot of the tourists

The South China Morning

only a small number made

He added that having more

made bookings on the spot,”

Post recently reported that

their investments in Sabah.

Chinese investments in

Liaw said when asked about

almost 8,000 China nationals

Sabah would also bring in

the “third wave” of Chinese

have emigrated to Malaysia

“A lot of them have gone to

migration to Malaysia.

since 2002, dubbed the ‘third

Johor, particularly purchasing

reside or migrate here under

wave’ of Chinese migration

units of the Forest City

the MM2H programme.

after a 15th century influx

project in Iskandar Malaysia.”

As China restricts their

China Is Malaysia’s Biggest Property Investor

more foreign workers who

IN

could have shifted Singapore investments, there is no denying that this is similar to what has been seen around the world — Chinese capital is shaking up the marketplace,” said Sigrid Zialcita, managing director for Asia Pacific Research at Cushman & Wakefield.

project from 1Malaysia

critical infrastructure and

Development Berhad for

foster commercial activities.

S$2.3 billion (RM7.3 billion),

We expect real estate

making it one of the largest

values to benefit from the

land transaction in the

government’s sustained

country.

efforts to raise the level of

2016, surpassing Singapore’s S$1.6 billion (RM5 billion)

China has emerged as the biggest investor in the Malaysian property market, accounting for 46 percent of total real estate investment in the last three years. A Cushman & Wakefield report showed that Chinese companies, primarily developers, invested around S$2.6 billion (RM8.2 billion) in Malaysia from 2014 to

investment. In fact, the Chinese invested around S$2.7 billion (RM8.55 billion) during the peak of Iskandar’s development boom in 2013.

“While the variety of options in a globalised real estate market, as well as a desire to diversify, 50

www.PropertyHunter.com.my

economic development and Several Chinese multinational

income in the country.”

firms also plan to base their regional operations

Separately, South China

in Malaysia. Late last year,

Morning Post reported that

Huawei Technologies opened

the number of Chinese

its regional headquarters in

nationals relocating to

“However, since last year,

Kuala Lumpur, while Alibaba

Malaysia has been on the

there has been a notable

Group reportedly eyes to

uptrend.

shift of Chinese investments

set up a logistic centre in

into economic projects that

Iskandar as well as a regional

In what it calls as the “third

will deliver longer-term

distribution hub in KLIA

wave” of Chinese migration,

benefits to the Malaysian

Aeropolis.

the report revealed that

economy.”

nearly 8,000 Chinese “The Malaysian government,

nationals emigrated to the

China Railway, for instance,

since 2010, has unveiled

country under the Malaysia

jointly acquired with Johor-

several initiatives to propel

My Second Home (MM2H)

based Iskandar Waterfront

the country up the income

Programme from 2002 to

Holdings a 60 percent stake

ladder…These projects will

2016, or about 25 percent of

in the Bandar Malaysia

continue to lend viability to

foreigners granted residency

future plans as it develops

under said programme


www.PropertyHunter.com.my

51


52

www.PropertyHunter.com.my


HOT TOPIC

WHERE’S A PROPERTY HOTSPOT? There are so many new developments mushrooming, so how can you tell if an area is going to be the next best thing? With a few obvious indicators and some common sense, you can gauge whether a certain area is going to be popular or not. Words By Property Hunter

W

ithout a crystal ball, it can sometimes be difficult to find the next best place to invest in. And yet, most seasoned

property investors will tell you the same thing: Buy properties located in hotspots. If you’re just starting out, you must be wondering, “Where are these hotspots?” Even when you’ve found one, properties in these areas are usually pricey. But, the good news is, you can consider the neighbouring areas for future investment gold.

www.PropertyHunter.com.my

53


HOT TOPIC

TRANSPORT LINKS & IMPROVEMENTS Update yourself with any new transport links or improvements. Improvements to transport infrastructure usually have positive impacts on nearby property prices as it makes it easier for people to move around. Better access to hospitals, airports and the city makes an impact to property values in nearby areas as it makes it accessible, hence, a more desirable place to live in. Information on new transport infrastructure projects can usually be obtained through local state government bodies such as DBKK, SEDIA (Sabah Economic Development), as well as through local media channels such as newspapers.

FOLLOW THE BIG BOYS Have you noticed that every McDonalds is always located in a thriving area? This is a dead giveaway for an upcoming hotspot as chains like McDonalds, Starbucks or a huge supermarket chain have their own R&D team. They will only open in a certain area after extensive research is done to make sure that there are sufficient population and a need for one. As soon as you hear that a big chain is opening in a particular area, it’s a good idea to see what properties are available there for you to invest in.

LONG TERM EMPLOYMENT One of the most important factors when it comes to where people want to live is the proximity to work. When in the market for a property, find an area which is close to longterm employment opportunities. A quick boom (shortterm) in employment can cause a fall in the market when employment in the area goes down in the future.

SCHOOLS & HOSPITALS Families with young children or the elderly will favour staying close to schools and hospitals. Parents would not want to waste time driving their kids to and from school every day. Two words – traffic central. Hospitals will generally reside near good transport infrastructure because, in the case of a medical emergency, people can get to the hospital as quick as possible. And usually, areas with schools and hospitals will be inhabited by families, giving out a community feel, making it an ideal place to live in. Make sure to pick a very good or reputable school as locations within its proximity are the ones that will be searched for the most.

54

www.PropertyHunter.com.my


THE RIPPLE EFFECT Did you miss the boat on a certain hotspot? Don’t you worry. A “ripple effect” happens when property prices in a prime suburb have skyrocketed, pushing people to start looking to neighbouring areas that are more affordable, and when that too starts getting expensive, they move on to the next neighbouring suburb. Once an area has maxed out in terms of price, it no longer has value as a “hotspot”.

THE QUIET CATALYST Another way to find a hotspot is to find a catalyst. Just like schools and hospitals, the quiet catalyst are establishments that will attract and require massive numbers of homes for their workers, students, and tenants. These sorts of things include industrial areas and universities. More often than not, most people will not be informed or hear any news of its development, only known to regulars to the area until the project is announced in the media.

WHO’S BUILDING THERE? If you’re looking to invest in an area, especially a new suburb, check to see who’s the developer. It’s always safer to go with an established and well-known developer with a proven track record.

Once you’ve identified some of these areas, even better if they tick one or more of the boxes mentioned, you should dig even deeper and evaluate yourself with these questions:

l

How confident are you about tenants wanting to rent in the area?

l

What is the population there and its demographics?

l

Are there more than one reasons that the area will grow in value?

l

What are the negatives about the location and can they be easily overlooked?

l

What about other positives?

l

Will it be a destination or a dead-end?

When attempting to identify a hotspot, it should be measured with careful assessment of an area’s strengths and potential risks and should not be for the purpose of seeking for short-term investment gain but for the longer-term. Good luck in your search!

www.PropertyHunter.com.my

55


HOT TOPIC

The Difference Between Internal & External Refinancing There are times when borrowers in the home loan market may find the need to refinance their mortgage loans. The most important factor that determines this decision is the allure of lower interest rates and to take out additional cash, once the new mortgage loan comes into effect. Co-written By Property Hunter and Miichael Yeoh

56

www.PropertyHunter.com.my


T

here are two ways to refinance one’s property. Refinancing is the replacement of an existing old debt obligation plan with

a new debt plan provided by a new lender. A common reason why people choose to internally refinance is to take advantage of a better financing plan to improve their personal finances and monthly repayments. A borrower can either take up an internal or external refinancing scheme.

EXTERNAL

REFINANCING? An external refinancing scheme indicates that a borrower is switching his loan from one bank to another. Borrowers should always check on the cost of both internal and external refinance methods.

www.PropertyHunter.com.my

57


HOT TOPIC

common reasons for external refinancing

TO Save money:

Improve cash flow:

to Change loan type:

This generally requires that you refinance into a loan with a lower interest rate than your existing interest rate. Especially with longterm loans and large amounts of money, lowering the interest rate can result in significant savings.

If the value of your home has increased, refinancing allows you take up a new home-loan based on the higher valuation. This means that part of the amount will be used to pay off your original home loan, whilst the remaining amount could be used for other personal needs.

A flexi loan can save you from a lot of interest if you use it to your advantage. A flexi loan is a combination of term loan and overdraft. You will still be required to pay the minimum monthly instalment. However, any extra payment will go towards reducing the principal, and in turn, will reduce the tenure year’s payable.

Free-up cash and how to do it

Your original home value: RM400,000

Present valuation of your home value: RM500,000

The amount of CASH you free up for personal use is: RM400,000 – RM350,000 = RM50,000

58

www.PropertyHunter.com.my

Amount you still owe in your original home alone: RM350,000

You “over borrow” by carrying out refinancing for 80% of the present value of your home: RM450,000


How do you go about external refinancing?

1 3 5 7

Determine your objectives

Check on agreement

the start.

Double check on your current loan agreement. Look up lock-in period or early settlement penalties

Make comparisons

Apply to banks

Check out banks’ online website for

Send your interest online or

refinancing deals. Shortlist a few good

approach your short-listed banks

ones.

individually.

Evaluate the offers

Negotiate

Carefully evaluate letters of offers you

If you are unhappy with the offer,

receive from banks. Make sure the

negotiate with the banks for better

terms are in favour of your objectives.

rates and terms.

What are you refinancing for? Make sure you are 100% certain from

Read details thoroughly Make sure you read the fine prints thoroughly before you sign. Pay extra attention to Early Settlement Penalty and Moving Cost **.

Sign up Once you have chosen an offer, sign up and enjoy the benefits!

2 4 6 8

**Moving cost typically refers to the money you’ll need to spend on things such as legal fees, valuation, disbursement and stamp duty when you initiate a refinance.

www.PropertyHunter.com.my

59


HOT TOPIC

common reasons for internal refinancing

SAVE ON INTEREST:

No hassle :

When your lock-in period is coming to an end, you should consider speaking to your existing bank and request for a lower interest package. However, this is subjected to the existing bank approval. Not only will this shorten your loan tenure, it will also help you pay less interest over the full duration.

You can avoid the extra paperwork and legal fees if you choose to reprice your loan. It may be possible that your bank knows that you’re opting for a hassle-free method, so whether you can convince it to offer you an improved loan package that is comparable to refinancing rates would very much depend on your negotiation skills.

Saves Money : There are many ways to lower your repayment. For example, if you currently have a fixedrate loan, you could consider switching it to a variable interest rate loan that generally offers lower interest.

Old Loan

New Internal Loan

Loan borrowed: RM500,000

Loan borrowed: RM500,000

Margin of finance: 90%

Margin of finance: 90%

Loan tenure: 30 years

Loan tenure: 20 years

Interest rate: 4.5%

Interest rate: 4.5%

Monthly installment: RM2,533

Monthly installment: RM3,163

Total interest paid: RM412,033

Total interest paid: RM259,179

Total payment: RM912,033

Total payment: RM725,179

In this instance, by reducing your loan tenure by 10 years, you could save RM186,854!

60

www.PropertyHunter.com.my


INTERNAL

REpricing? This should be the first step all borrowers do before deciding

with the same bank. The best part about this top up loan is that

on external refinancing. While the benefits are the same, there

all you need to do is pay the fees to stamp up your documents

are additional benefits for the borrowers. For instance, when the

in the bank through a legal firm. By doing so, the borrower

loan is not refinanced out, it saves moving cost such as legal and

does not need to go through every single legal documentation

valuation fees.

process again.

In fact, there are no legal fees required when you request for a

Pros

change in interest rate. Many people are not aware of this and

Cheaper legal fees

think that they would have to refinance their loan to other banks

Borrowers can also request for lower interest rate for their

to enjoy lower interest rates.

existing loan.

Moreover, if a borrower needs an additional loan – depending

Cons

on their new valuation – they can request for a “TOP UP LOAN”

The interest rate might be a little higher

T

here is no right or wrong way in refinancing your loan. At the end of the day, it comes down to your own preference.

Generally speaking, if you prefer a more convenient and hassle-free solution that helps you save, an external refinancing is probably more suitable for you. On the other hand, if you want to get the most attractive housing loan package in current market conditions, you might wish to

100%

internally refinance your loan. 0%

Disclaimer: Information provided above is general in nature and does not constitute financial solution in any way.

www.PropertyHunter.com.my

61


62

www.PropertyHunter.com.my


HOT TOPIC

Fund Your Retirement Through Property Investment When you’re ready to hang up your work boots, a rental property can be a useful source of regular income. Retirement used to be such a simple notion. Sign off from work, grab that gold watch on the way out, and register for the age pension as you head towards the door. These days, things are more complex. Words By Property Hunter

I

n the world we are in today, it is encouraged that we fund for our own retirement, and while a retirement pension is specifically designed for this purpose, it’s not the only investment that is well-suited for a retirement fund.

Some people swear that real estate investment is the way to create a comfortable retirement: 1. Buy a property. 2. Find a tenant. 3. Collect income while the tenant pays off your mortgage. Yes, it can be, if you’re willing to go all out. Property rentals offer the sporadic opportunity to generate passive income. Indeed, a well-located unit can produce an extra few hundreds per month after expenses. There are many ways to achieve retirement through investing in property. These strategies work for different people and different people prefer different ways of investing.

www.PropertyHunter.com.my

63


HOT TOPIC

Here are some methods that you can use to achieve retirement through property investment. It is, of course, up to you to decide on your specific strategy and to go out there and achieve financial freedom and have an early retirement.

1

Positive cash flowed properties

2

This is where you

Buy and Keep for rental income

3

Buy a property with

Buy and hold for Capital Gains The goal is for

purchase a property and from day one it

good potential capital gains. You then

the properties to double every 7-10

brings in more money in rental income

allow the rental income to go up and

years. Once you have purchased

than you are paying expenses. Instantly

eventually cover the mortgage expenses.

enough properties and let them grow

you have increased your passive

Over time you leverage your equity to

adequately, you can live off the equity.

income and are that little bit closer to

invest in more property and grow your

You borrow against the property to

retirement.

portfolio but the eventual goal is to live

generate your income and you use your

off the rental income.

equity to pay for the difference between

Even if the rent doesn’t increase over

your expenses and income.

time (which it almost always does), then

Those using this strategy will, at some

you could still retire by simply getting

point, sell off some properties to pay off

As long as your property continues

more positively cash flowed properties.

the debts on their remaining properties

to increase you should have enough

However, generally over time, your rental

and then live off the cash flow.

equity to live off indefinitely. However,

income will increase and you will be able to pay down your mortgage. So, your total positive cash flow could more than pay for your lifestyle just from a few properties.

4

this relies on the banks’ lending you

5

Commercial Property

money and it can be hard to source this financing after retirement so read up on this strategy very carefully.

Investing in

Buy, Hold, and Sell

commercial property can be a great way

This is where you

Commercial property typically requires

purchase property

a slightly higher deposit (around 30%

to achieve capital gains and a great way to achieve positive cash flows.

6

Maximise Your Leverage By maximising your

that you can immediately add value to.

of the value of the property) but it can

leverage, (especially in the beginning)

It might be adding value to the rental

often deliver higher rental yields. On top

you can afford to purchase more

income, or it might be adding value to

of that, many of the expenses such as

properties as the deposit required will

the market value of the property. Many

maintenance, utilities etc. are paid by

be lesser.

times, it will be both.

the tenant. This in return lowers your

You buy the property, increase its value

expenses and increases your cash flow

This strategy can help you get into the

even further.

market and grow your portfolio quicker.

(usually through renovations) and then

However, it may be risky for the long

hold the property. You can leverage the

term. If the interest rates go up or

equity in the property to reinvest or live

property values go down you may have

off and you can use the increased rental

trouble servicing the loans and the

yield to create a positive cash flow.

banks may force you to sell.

64

www.PropertyHunter.com.my


7

Strata Titling Unbelievably, there

8

are still some blocks

Create Dual Occupancy You can purchase a property and

of units out there that are owned on

turn it into two or more separate

a single title. It is possible to purchase

properties. For example, you can turn a

these blocks of units (if it is within your

4-bedroom house into 2 x 2 Bedroom

means) and then create strata titles for

Units. Doing so can significantly

each of the units. Often this will help to

increase your rental yield and creates a

increase the value of the whole block, as

positive cash flowed property.

each unit can now be sold separately. You can then sell off some of the units

Dual occupancy is generally a strategy

or all the units to realise your capital

for people who want to hold their

gain and live off the profits. You could

properties while maximising the

also access the equity through a loan

potential rental income from the

with the bank or you could just hold the

property.

properties for long term income.

Elements of a good buy A good real estate investment starts with these qualities: a solid

with supermarkets within reach, since those are the two most

structure, an advantageous location, creditworthy tenants,

important criteria for future tenants.

ordinary (not excessive) repairs, annual or scheduled rental rate hikes and the ability to pay the mortgage every month.

Investors should focus on properties that generate positive cash flow and should be prepared to buy and hold, especially

If you’re looking to purchase a property for rental purposes,

in a slow-moving market.

it is advisable to focus on properties in a good school district

Do your homework No one really knows for certain what drives a stock price up or

Local real estate agents and newspaper classifieds will be

down. But investing in real estate provides more control over

able to tell you how comparable rental homes are in a certain

potential appreciation because there are things the owner can

area, how long a property has been vacant for and how quickly

do to boost a property’s value and its income.

similar properties are appreciating, in case you need to sell your property.

Before you buy anything, hire an investment advisor and tax advisor because they are the ones who will be able to help you

Bottom line is, is property investment a good way to produce

in finding the most appropriate real estate investments for the

strong returns for your retirement? Absolutely. Having a fairly

retirement income you desire.

steady and a predictable financial gain is the Holy Grail for retirees. This is why investors love property investments.

www.PropertyHunter.com.my

65


CONTRIBUTOR

Malaysians’ Top Property Considerations for 2017 As Malaysians continue to adjust to market realities and make a gradual return to the property market, PropertyGuru, the leading online property group in Malaysia and South East Asia, revealed that consumer’s top considerations when buying property have changed in the last six months. Words by PropertyGuru

66

www.PropertyHunter.com.my


M

alaysians top three preferences are Location, Safety / Security, Size in that specific order. This resembles a marked difference compared to 2016 when location,

PSF and future developments in the area were deemed top considerations when making a property purchase decision. Other important factors were availability of infrastructure and amenities, developer’s reputation and future developments in the area – ranked 4th, 5th and 6th respectively. Surprisingly, rental yield, only reached 13th on the list – a potential indicator of more owner-occupiers in the market than investors. According to PropertyGuru Malaysia Country Manager, Sheldon Fernandez, the changing factors are a reflection of the current mind-set and expectations of property buyers.

PropertyGuru, Malaysia’s number one property portal reveals that after location, safety, security, and size rank as top considerations when choosing a property

www.PropertyHunter.com.my

67


CONTRIBUTOR

Location, Safety/Security, Size emerge as the top 3 important factors considered while purchasing a property

Important factors considered for buying a property 12%

Real estate agent’s recommendations

27%

Readiness for occupation

31%

House scheme/programs eligibility

42%

Subsidies or attractive promotions

53%

Potential capital apprecitaton

53%

Potential rental yield

55%

Loan eligibility

59%

Design & construction

59%

Facilities within the property

59%

Accessibilty to public transport

60%

PSF (per-square-foot) price

63%

Tenure of the property (freehold or leasehold)

64%

Future developments in the area

67%

Reputation of the developer

70%

Infrastructure & available amenities

73%

Size of property / unit

84%

Security & safety of the location/area

98%

Location

20

TOP 3

40

60

100

80

source by PropertyGuru

“The results provide insight into the

“But importantly, foremost on the

He also added that the survey results are

minds of potential property buyers

minds of Malaysians is to secure

consistent with the increased number

in 2017. As people look to new areas outside of the city centre that meets

a property; to get a roof over their

their budget, location remains a priority

heads whereas before they would

but with safety and security growing in

probably also be thinking of potential

importance. Living further away, people generally want the benefit of space.

of searches PropertyGuru has seen over the past six months for properties on the outskirts of Selangor and the city centre.

rental yields and capital appreciation.

Hence, the emergence of these three

There is certainly a mind-set shift in

factors at the top,” shared Fernandez.

2017,” added Fernandez.

Emerging Property Hotspots in Suburban Selangor According to the PropertyGuru

emergence of new property hotspots in

Not surprisingly, high-rise strata homes

Consumer Sentiment Survey, the

suburban areas of Selangor – between

consisting of both apartments and

outskirts of Selangor is gaining traction

20-40km from the city centre such as

condominiums are the top choice

with 29% of potential homeowners (25%

Rawang, Sungai Buloh, Semenyih, Ulu

followed by landed terrace homes.

in 2016) now regarding the location as

Kelang, Ampang and others.

Demand for bungalows and semi-Ds

their preferred choice. This indicates the

68

www.PropertyHunter.com.my

however continue to dip.


Close to 40 % respondents have a budget of MYR 300,001 - MYR 500,000for property investment

Budget for The Property Intending to Buy In Next 6 Month 10%

MYR 700,001MYR 900,000

21%

8%

MYR 500,001MYR 700,000

More than MYR 900,000

23%

Less than MYR 300,000

38%

MYR 300,001MYR 500,000

source by PropertyGuru

Average Property Budget in 2017 With regards to budget, close to 40% of

“It indicates the sweet spot of what the

priced RM300,000-RM500,000 have

respondents intending to buy within the

majority of Malaysians are willing to

done well. Properties priced between

next six months indicated they would

fork out for a home. This is consistent

RM500,000-RM700,000 will also see

spend between RM300,001-RM500,000 in 2017 to buy a property. Higher priced properties of RM700,001 to more than RM900,000 are likely to see fewer buyers with only 18% of respondents looking at these niche segments.

Price remains the key factor with average property purchase budgets between RM300,000-RM500,000 with market trends, where properties

some movement. But 2017 is unlikely to see a recovery in the higher-end market. Properties closer to the RM1 million mark will generally be hard to sell though there will always be exceptions,� said Fernandez.

Overseas Property Demand Declines Overseas Property Demand Declines

retirement (43%), better environment /

online. Similar surveys are carried out

On a separate note, the survey also

surroundings (42%), capital appreciation

concurrently in Singapore, Thailand and

showed a continued drop in appetite

(38%), rental yield (37%), suits migration

Indonesia. The goal of the Survey is to

among Malaysians to acquire overseas

plans (36%) and children’s education

help consumers gain an insight into the

properties despite Brexit and other

(36%).

local property market to make better

global developments. Australia remains

business and buying decisions. The

the top choice for overseas properties

The PropertyGuru Consumer Sentiment

survey was conducted in collaboration

with high rise homes being the top

Survey measures property sentiment

with Intuit Research Consultants, a well-

choice, followed by landed houses.

and expectations amongst Malaysians

respected international research agency.

Among the top reasons cited for

with regards to the local property

overseas property buying were for

market. It polled 1013 respondents www.PropertyHunter.com.my

69


70

www.PropertyHunter.com.my


HOT TOPIC

How to (inexpensively)

boost your rental appeal Do not judge a book by it’s cover -- apparently, this adage doesn’t apply when it comes to attracting potential tenants. Ideally, your rental should be clean, clutter-free and aesthetically-pleasing in order to attract (and retain) tenants. However, ‘pimping-up’ your rental doesn’t necessarily have to break your budget. Believe it or not, small changes and little adjustments can make a whole lot of difference. Read over to find out how... Words By Property Hunter

www.PropertyHunter.com.my

71


HOT TOPIC

Keep a neat lawn

Change the curtains

If you’re letting out a piece of landed property, the most

Before welcoming your potential tenants for a walk-through, be

important thing to do is to keep your lawn neatly manicured

sure to change the little things like your curtains, if it’s already

and your bushes trimmed. Nothing puts potential tenants

old and drab, and change old, non-functioning light bulbs with

off more than lack of maintenance on a property and a

new ones. Other little things you could replace include shower

well-maintained garden speaks volumes about the level of

curtains, toilet seat, cushion covers and your old doormat, which

maintenance inside the property. Even better, offer to provide

are relatively inexpensive. They are also able to perk up your

bimonthly garden maintenance as part of the rental deal. It

property space instantly.

saves tenants a lot of hassle on the upkeep of the property and makes it easier to rent out again in the future. It’s also a good idea to change your mailbox if it’s old and rusty.

Paint a feature wall

Offer weekly cleaning services

One of the easiest way to brighten up a room is by painting

Just like a well-maintained lawn, a well-maintained interior is

a fresh coat of paint on a feature wall. Pick from an array of

key to making your property as appealing as possible. Offer

cheery and uplifting neutral colours such as powder blue, sky

to include weekly cleaning services (included in the rental)

grey or lavender. Alternatively, if you are good with art and

for your potential tenant, like a serviced apartment but by

craft, you can also put up a DIY wallpaper on the feature wall.

your own initiative. Consider this as an added value to your

Pick from a selection of neutral hues and classic designs as to

property.

suit more potential tenant’s tastes.

72

www.PropertyHunter.com.my


Go stainless steel

Install a carport

A simple way to make a home look more sophisticated is

If your property doesn’t have a designated shaded car park,

by installing stainless steel appliances (for fully-furnished

installing a carport (covered structure for vehicles) provides

properties), especially in the kitchen. Plus, appliances made of

great added value. Many people are concerned about

stainless steel are easier to clean and last longer, reads: fewer

protecting their vehicles from natural elements. There are

replacements required in between.

many portable carports / instant garages sold online that are easy to install and dismantle, therefore, consider this a good investment.

These are the simplest ways to boost your rental appeal without having to break the bank. Apply Replace rickety doors and rotted window sills If your property is older than 10 years old, chances are, your doors and windows are already showing signs of wear and tear. More than for mere aesthetic purposes, rickety doors and rotted window sills should be maintained regularly as a safety precaution. As a compulsory procedure, door knobs

some creativity (and common sense) and watch your rental income grow!

and locks should be changed each time there is a change of tenancy. You never know how many other people have spare keys to your property when it’s being let out! www.PropertyHunter.com.my

73


DATABANK

Property databank About these data, values & figures

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

273

1

256

13

274

15

2010

0

0

0

0

344

1

351

3

347

4

277

13

0.6

286

15

3.1

274

16

(4.2)

278

60

-

2011

368

19

-

359

36

(2.3)

385

19

7.1

386

28

0.4

375

102

-

2012

294

8

7.2

291

13

(1.0)

323

8

11.3

304

12

(5.9)

303

41

9.0

2012

404

21

4.5

418

15

3.5

429

13

2.7

432

10

0.6

421

59

12.4 15.0

Y-O-Y growth (%)

Ave. psf

Vol. of transaction

Y-O-Y growth (%)

Vol. of transaction

Ave. psf

Vol. of transaction

Y-O-Y growth (%)

Vol. of transaction

Year

0

-

Ave. psf

Y-O-Y growth (%)

283

16

Ave. psf

Vol. of transaction

1

276

Y-O-Y growth (%)

Ave. psf

Yearly

Y-O-Y growth (%)

Q4 (OCT-DEC)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Q2 (APR-JUN)

283

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

2011

Ave. psf

Vol. of transaction

Yearly

2010

Y-O-Y growth (%)

Vol. of transaction

Alam Damai Condominium Q4 (OCT-DEC)

Ave. psf

Q3 (JUL-SEP)

Year

Q2 (APR-JUN)

Vol. of transaction

1Borneo Tower A & B Q1 (JAN-MAC)

2013

258

8

(15.4)

345

5

33.9

344

8

(0.4)

356

15

3.5

325

36

7.4

2013

495

2

14.7

477

5

(3.7)

430

4

(9.9)

533

8

24.0

484

19

2014

329

4

(7.4)

327

11

(0.6)

386

10

18.0

361

8

(6.5)

351

33

7.9

2014

594

1

11.4

477

3

(19.7)

477

0

-

553

7

15.8

525

11

8.6

2015

417

5

15.5

350

2

(16.1)

350

0

-

350

0

-

367

7

4.5

2015

573

5

3.7

481

2

(16.1)

453

2

(5.8)

453

0

-

490

9

(6.7)

2016

367

0

4.8

420

2

14.6

420

0

-

420

0

-

407

2

11.0

2016

490

0

8.1

490

0

-

620

4

26.5

620

0

-

555

4

13.2

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

270

3

288

2

279

5

2010

0

0

0

0

0

0

127

2

127

2

4

-

242

2

(5.1)

262

5

8.0

289

3

10.4

262

14

-

2011

127

0

-

127

0

-

121

1

(4.8)

121

0

-

124

1

-

2012

263

5

(9.1)

319

6

21.4

324

3

1.7

349

2

7.6

314

16

19.7

2012

160

1

32.0

143

2

(11.0)

143

0

-

143

0

-

147

3

18.2

Ave. psf

Year

0 255

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Bambangan Apartment

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Api-Api Centre Q1 (JAN-MAC)

2013

362

2

3.9

384

4

6.0

320

4

(16.6)

354

7

10.5

355

17

13.2

2013

147

0

3.1

147

0

-

147

1

-

147

0

-

147

1

-

2014

489

2

38.3

322

1

(34.1)

426

3

32.4

391

2

(8.3)

407

8

14.7

2014

147

0

-

188

1

27.6

194

2

3.6

158

1

(18.8)

172

4

16.7

2015

413

2

5.6

471

3

14.0

497

2

5.7

497

0

-

470

7

15.3

2015

146

1

(7.7)

146

0

-

172

1

17.8

172

0

-

159

2

(7.6)

2016

470

0

(5.6)

470

0

-

435

2

(7.3)

435

0

-

452

2

(3.6)

2016

159

0

(7.6)

159

0

-

178

1

12.5

133

1

(25.2)

157

2

(0.8)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

398

2

-

466

1

17.1

351

1

(24.6)

460

2

30.9

419

6

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

524

1

14.0

482

2

(8.0)

482

0

-

482

0

-

493

3

17.7 (2.9)

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

BAYSHORE CONDOMINIUM Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Bay21 Condominium Q1 (JAN-MAC)

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2013

437

1

(9.4)

437

0

-

539

1

23.3

500

1

(7.1)

478

3

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2014

503

2

0.6

489

1

(2.7)

489

0

-

489

0

-

493

3

3.1

2015

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2015

551

3

12.6

551

0

-

551

0

-

551

0

-

551

3

11.8

2016

0

0

-

0

0

-

860

1

-

860

0

-

860

1

-

2016

551

0

-

551

0

-

551

0

-

551

0

-

551

0

-

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

74

www.PropertyHunter.com.my


Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

190

1

190

0

190

0

190

0

190

1

1

-

158

1

(24.7)

171

4

8.4

105

1

(38.7)

161

7

-

2011

219

3

-

247

1

12.9

215

4

(13.1)

224

6

4.5

226

14

-

2012

223

2

112.8

269

1

20.5

239

4

(11.0)

181

3

(24.2)

228

10

41.8

2012

230

7

2.6

251

4

9.2

251

6

(0.3)

254

5

1.3

247

22

8.9 16.4

Ave. psf

Year

0 210

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Beverly Hills Phase 2 Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Beverly Hills Phase 1 Q1 (JAN-MAC)

2013

254

1

40.1

260

6

2.3

301

4

15.7

286

4

(4.8)

275

15

20.6

2013

276

2

8.5

256

5

(7.3)

288

5

12.9

329

6

14.1

287

18

2014

260

2

(9.2)

326

4

25.5

258

2

(21.0)

258

0

-

275

8

0.0

2014

291

7

(11.5)

299

4

2.8

303

6

1.2

319

4

5.3

303

21

5.5

2015

274

6

6.5

338

4

23.3

352

1

4.1

239

1

(32.2)

301

12

9.3

2015

303

3

(5.0)

328

2

8.2

325

4

(0.8)

298

1

(8.4)

313

10

3.5

2016

301

0

26.1

301

0

-

274

2

(8.8)

267

3

(2.7)

286

5

(5.0)

2016

313

0

5.3

298

1

(5.0)

312

2

4.9

312

0

-

309

3

(1.5)

Beverly Hills Phase 5

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0

0

0

0

0

218

2

218

2

2010

0

0

0

0

0

0

0

0

0

0

1

-

218

3

(25.2)

206

5

(5.5)

231

7

12.3

236

16

-

2011

0

0

-

213

2

-

219

3

2.9

198

1

(9.7)

210

6

-

2012

228

6

(1.1)

204

11

(10.6)

230

13

12.7

242

9

5.3

226

39

(4.2)

2012

288

4

45.6

254

5

(11.7)

251

5

(1.1)

249

10

(1.0)

261

24

24.2

Ave. psf

Y-O-Y growth (%)

0 291

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Beverly Hills Phase 3 Q1 (JAN-MAC)

2013

245

8

1.3

310

6

26.2

302

8

(2.3)

306

8

1.2

291

30

28.6

2013

276

6

11.0

220

2

(20.4)

312

8

41.9

289

5

(7.4)

274

21

5.2

2014

262

3

(14.3)

266

5

1.5

299

10

12.3

284

5

(5.0)

278

23

(4.4)

2014

310

6

7.2

323

14

4.2

327

4

1.2

339

7

3.7

324

31

18.3

2015

278

0

(2.2)

309

11

11.2

327

5

5.9

327

0

-

311

16

11.7

2015

335

5

(1.1)

354

2

5.8

304

1

(14.3)

304

0

-

324

8

(0.1)

2016

311

0

(5.2)

311

0

-

374

2

20.3

318

1

(14.8)

328

3

5.7

2016

409

1

34.7

317

2

(22.6)

317

0

-

317

0

-

340

3

4.8

Bundusan Villa

Canggih Heights

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

190

1

190

1

2010

0

0

0

0

0

0

0

0

0

0

-

190

0

-

190

0

-

190

0

-

190

0

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

190

0

-

190

1

-

236

2

24.3

236

0

-

213

3

12.1

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Y-O-Y growth (%)

Y-O-Y growth (%)

0 0

Ave. psf

0 190

Ave. psf

2010 2011

Year

Year

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

2013

213

0

(9.8)

261

1

22.3

207

3

(20.8)

223

2

7.9

226

6

5.9

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2014

205

2

(7.8)

272

1

32.3

219

2

(19.5)

232

2

6.1

232

7

2.7

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2015

289

3

24.5

289

0

-

289

0

-

289

0

-

289

3

24.5

2015

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2016

289

0

-

289

0

-

315

1

9.1

315

0

-

302

1

4.6

2016

0

0

-

0

0

-

445

1

-

445

0

-

445

1

-

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

1

278

0

278

0

280

3

278

4

2010

0

0

0

0

0

0

0

0

0

0

4

-

300

10

11.9

294

8

(2.0)

313

11

6.5

293

33

-

2011

0

0

-

0

0

-

0

0

-

251

1

-

251

1

-

2012

309

10

(1.2)

348

11

12.6

323

5

(7.2)

313

6

(2.8)

323

32

10.1

2012

347

1

38.4

331

4

(4.7)

328

3

(0.7)

361

2

10.1

342

10

36.3

Ave. psf

Year

278 268

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Cyber City Apartment Phase 2

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Cyber City Apartment Phase 1 Q1 (JAN-MAC)

2013

320

6

2.2

344

12

7.5

389

20

13.0

358

19

(8.0)

353

57

9.2

2013

358

4

(0.9)

353

6

(1.5)

354

8

0.5

379

8

7.0

361

26

5.6

2014

353

9

(1.4)

362

7

2.8

381

14

5.2

435

10

14.0

383

40

8.5

2014

413

3

8.8

377

7

(8.7)

394

9

4.5

405

10

2.9

397

29

10.0

2015

378

6

(13.1)

403

7

6.6

448

4

11.2

388

3

(13.4)

404

20

5.6

2015

383

6

(5.4)

401

1

4.7

392

1

(2.3)

400

6

2.0

394

14

(0.8)

2016

392

1

1.0

413

5

5.5

385

6

(6.9)

385

0

-

394

12

(2.6)

2016

417

1

4.2

423

5

1.6

397

3

(6.1)

373

1

(6.1)

403

10

2.2

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

www.PropertyHunter.com.my

75


DATABANK Country Height Apartment Phase 2

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

157

1

157

0

172

1

162

2

2010

0

0

0

0

0

0

0

0

0

0

-

189

1

0.5

199

3

4.8

203

8

2.4

195

14

-

2011

0

0

-

193

1

-

193

0

-

209

3

8.2

198

4

-

2012

213

2

4.7

222

8

4.4

218

6

(2.0)

239

11

9.7

223

27

14.4

2012

203

3

(2.6)

225

1

10.4

221

2

(1.6)

236

5

7.0

221

11

11.6

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0 2

Ave. psf

Y-O-Y growth (%)

0 188

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Country Height Apartment Phase 1 Q1 (JAN-MAC)

2013

225

9

(5.9)

236

11

4.8

239

16

1.6

244

22

1.9

236

58

5.8

2013

215

4

(9.0)

242

9

12.2

233

6

(3.6)

274

8

17.9

241

27

8.9

2014

296

10

21.3

261

9

(11.8)

276

13

5.9

258

6

(6.6)

273

38

15.6

2014

262

7

(4.6)

274

8

4.8

272

9

(0.8)

272

6

0.0

270

30

12.1

2015

247

6

(4.2)

275

9

11.2

352

1

28.1

352

0

-

306

16

12.3

2015

272

5

(0.2)

310

2

14.0

254

2

(18.1)

308

1

21.3

286

10

5.8

2016

274

4

(22.1)

274

0

-

287

6

4.6

287

0

-

280

10

(8.5)

2016

286

0

(7.1)

309

3

8.0

275

3

(10.9)

275

0

-

286

6

0.1

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

215

2

215

2

2010

192

1

192

0

192

0

218

1

199

2

2

-

264

1

24.3

264

0

-

243

2

(7.9)

246

5

-

2011

233

6

-

233

0

-

236

1

1.2

257

2

8.8

240

9

-

2012

228

2

(6.1)

287

1

25.8

308

1

7.4

271

1

(12.0)

274

5

11.4

2012

238

2

(7.4)

238

0

-

229

1

(3.9)

302

2

32.3

252

5

4.9

Ave. psf

Year

0 212

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Fairway Mansion

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Dah Yeh Court Q1 (JAN-MAC)

2013

274

0

0.9

274

0

-

319

2

16.7

297

1

(7.1)

291

3

6.3

2013

253

3

(16.3)

326

1

28.8

336

2

3.0

343

1

2.1

314

7

24.9

2014

278

1

(6.3)

278

0

-

278

0

-

278

0

-

278

1

(4.5)

2014

314

0

(8.3)

369

1

17.3

385

2

4.3

385

0

-

363

3

15.5

2015

278

0

-

324

1

16.7

313

1

(3.6)

313

0

-

307

2

10.4

2015

363

1

(5.6)

320

1

(11.9)

320

0

-

320

0

-

331

2

(9.0)

2016

307

0

(1.8)

307

0

-

381

1

24.3

381

0

-

344

1

12.2

2016

331

0

3.4

331

0

-

331

0

-

331

0

-

331

0

-

Grace Garden

Grace Ville

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

349

1

349

1

2010

0

0

0

0

0

0

285

3

285

3

-

371

1

(8.8)

395

3

6.4

339

2

(14.2)

378

9

-

2011

290

5

-

300

7

3.4

266

2

(11.4)

254

11

(4.4)

277

25

-

2012

356

1

5.1

354

4

(0.5)

372

1

4.8

372

0

-

364

6

(3.9)

2012

290

4

14.2

290

0

-

390

1

34.5

354

11

(9.3)

331

16

19.4 14.3

Y-O-Y growth (%)

Y-O-Y growth (%)

0 3

Ave. psf

0 407

Ave. psf

2010 2011

Year

Year

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

2013

364

0

(2.2)

364

0

-

382

2

5.0

382

0

-

373

2

2.5

2013

355

2

0.3

312

4

(12.0)

422

3

35.2

424

7

0.5

378

16

2014

296

1

(22.5)

506

4

71.1

400

3

(21.0)

384

3

(3.9)

397

11

6.4

2014

378

0

(10.9)

435

3

14.9

341

4

(21.5)

448

4

31.2

401

11

5.9

2015

468

2

21.7

459

2

(1.8)

506

1

10.2

506

0

-

485

5

22.3

2015

442

2

(1.3)

422

2

(4.5)

495

1

17.2

495

0

-

463

5

15.7

2016

485

0

(4.2)

485

0

-

485

0

-

485

0

-

485

0

-

2016

461

1

(6.9)

461

0

-

401

3

(12.9)

401

0

-

431

4

(7.0)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

241

1

241

1

2010

0

0

0

0

0

0

0

0

0

0

1

-

249

0

-

249

0

-

283

1

14.0

257

2

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

257

0

(9.2)

254

1

(1.1)

362

1

42.2

350

1

(3.2)

306

3

18.9

2012

0

0

-

0

0

-

484

1

-

505

1

4.4

494

2

-

Ave. psf

Year

0 249

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Hing Tower Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Hing Apartment Q1 (JAN-MAC)

2013

347

2

(0.8)

347

0

-

290

1

(16.4)

344

2

18.5

332

5

8.6

2013

494

0

(2.1)

494

0

-

494

0

-

494

0

-

494

0

-

2014

332

0

(3.4)

381

2

14.9

381

0

-

381

0

-

369

2

11.2

2014

494

0

-

505

1

2.1

505

0

-

505

0

-

502

1

1.6

2015

369

0

(3.2)

369

0

-

339

1

(8.1)

339

0

-

354

1

(4.1)

2015

502

0

(0.5)

502

0

-

502

0

-

502

0

-

502

0

-

2016

354

0

4.4

354

0

-

354

0

-

354

0

-

354

0

-

2016

502

0

-

502

0

-

502

0

-

502

0

-

502

0

-

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

76

www.PropertyHunter.com.my


Indah Court

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

217

3

217

3

1

-

356

1

30.0

312

2

(12.2)

324

7

3.7

316

11

-

2011

217

0

-

222

1

2.2

215

3

(3.1)

245

1

13.8

225

5

-

2012

367

7

13.2

390

5

6.4

400

8

2.6

393

6

(1.8)

387

26

22.5

2012

227

1

(7.3)

245

1

7.8

244

4

(0.3)

207

1

(15.1)

231

7

2.6

Ave. psf

Y-O-Y growth (%)

0 274

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Hartamas Height Q1 (JAN-MAC)

2013

384

4

(2.2)

438

4

13.9

422

1

(3.6)

388

4

(8.2)

408

13

5.3

2013

360

2

73.9

325

2

(9.9)

364

3

12.0

276

1

(24.0)

331

8

43.5

2014

506

1

30.6

506

0

-

452

1

(10.6)

452

0

-

479

2

17.4

2014

247

1

(10.7)

301

2

21.8

305

3

1.6

375

2

22.9

307

8

(7.4)

2015

470

2

4.0

470

0

-

470

0

-

470

0

-

470

2

(1.8)

2015

365

1

(2.6)

335

3

(8.2)

335

0

-

335

0

-

343

4

11.7

2016

444

1

(5.5)

444

0

-

444

0

-

444

0

-

444

1

(5.5)

2016

343

0

2.2

365

1

6.5

395

1

8.1

395

0

-

374

2

9.2

Jesselton Condominium

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

432

1

432

1

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

458

1

-

458

0

-

456

1

(0.6)

518

1

13.6

472

3

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

472

0

(8.7)

472

0

-

495

1

4.7

544

1

9.9

496

2

4.9

Ave. psf

Y-O-Y growth (%)

0 0

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Jade Residence Q1 (JAN-MAC)

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2013

496

0

(8.8)

576

1

16.2

512

2

(11.2)

492

2

(3.9)

519

5

4.7

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2014

519

0

5.5

519

0

-

542

2

4.4

456

3

(15.9)

509

5

(1.9)

2015

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2015

466

2

2.2

470

2

1.0

470

0

-

470

0

-

469

4

(7.8)

2016

0

0

-

0

0

-

541

2

-

541

0

-

541

2

-

2016

469

0

(0.3)

469

0

-

547

1

16.5

547

0

-

508

1

8.3

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

-

260

4

-

260

0

-

291

3

12.0

270

7

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

270

0

(7.2)

270

0

-

306

2

13.3

306

0

-

288

2

6.6

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Y-O-Y growth (%)

Y-O-Y growth (%)

0 0

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Lido four Seasons Residence Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Lembah Shantung Q1 (JAN-MAC)

2013

288

0

(5.9)

288

0

-

361

1

25.2

372

2

3.3

327

3

13.6

2013

0

0

-

448

2

-

373

3

(16.8)

350

1

(6.0)

390

6

-

2014

327

0

(12.1)

327

0

-

327

0

-

327

0

-

327

0

-

2014

390

0

11.4

410

2

5.2

376

1

(8.3)

392

1

4.2

392

4

0.5

2015

327

0

-

327

0

-

406

1

24.1

406

0

-

367

1

12.0

2015

392

0

0.1

356

1

(9.2)

400

1

12.4

400

0

-

387

2

(1.3)

2016

367

0

(9.7)

367

0

-

380

1

3.5

380

0

-

373

1

1.7

2016

387

0

(3.2)

440

12

13.7

461

17

4.7

442

6

(4.1)

432

35

11.7

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

217

1

217

1

2010

0

0

0

0

0

0

230

4

230

4

1

-

236

1

(17.1)

255

3

8.2

279

2

9.4

264

7

-

2011

238

3

-

322

2

35.1

301

3

(6.5)

353

4

17.4

303

12

-

2012

264

0

(5.6)

264

0

-

264

0

-

196

2

(25.8)

247

2

(6.4)

2012

319

1

(9.6)

319

0

-

301

2

(5.5)

301

0

-

310

3

2.3

Ave. psf

Year

0 284

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Likas Square

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Likas Square Q1 (JAN-MAC)

2013

247

0

26.0

335

2

35.8

371

3

10.7

330

3

(10.9)

321

8

30.0

2013

310

0

2.9

370

1

19.2

346

1

(6.4)

389

2

12.3

354

4

14.0

2014

321

0

(2.9)

387

1

20.7

384

4

(0.7)

410

1

6.8

376

6

17.1

2014

354

0

(9.0)

370

2

4.6

184

1

(50.1)

423

1

129.2

333

4

(6.0)

2015

400

2

(2.4)

400

0

-

423

1

5.6

423

0

-

412

3

9.6

2015

333

0

(21.3)

399

1

19.9

399

0

-

399

0

-

382

1

14.9

2016

412

0

(2.6)

412

0

-

412

0

-

412

0

-

412

0

-

2016

382

0

(4.1)

382

0

-

372

3

(2.6)

372

0

-

377

3

(1.3)

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

www.PropertyHunter.com.my

77


DATABANK

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

1

-

238

0

-

238

0

-

265

1

11.4

245

2

-

2011

178

2

-

178

0

-

204

1

14.5

204

0

-

191

3

-

2012

245

0

(7.7)

233

1

(4.7)

233

0

-

233

0

-

236

1

(3.6)

2012

191

0

(6.3)

270

1

41.3

270

0

-

207

1

(23.5)

235

2

22.7

Ave. psf

Year

0 238

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Luyang Apartment

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Lucky Heights Q1 (JAN-MAC)

2013

236

0

1.2

236

0

-

286

1

21.0

286

0

-

261

1

10.5

2013

235

0

13.5

235

0

-

235

0

-

235

0

-

235

0

-

2014

261

0

(8.7)

252

1

(3.3)

252

0

-

284

1

12.7

263

2

0.6

2014

263

1

12.1

263

0

-

263

0

-

263

0

-

263

1

12.1

2015

263

0

(7.7)

263

0

-

263

0

-

263

0

-

263

0

-

2015

263

0

-

263

0

-

263

0

-

263

0

-

263

0

-

2016

263

0

-

263

0

-

263

0

-

263

0

-

263

0

-

2016

263

0

-

263

0

-

344

1

30.7

344

0

-

303

1

15.4

Nountun Apartment

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0

0

0

0

0

356

4

356

4

2010

0

0

0

0

0

0

0

0

0

0

1

-

390

3

(22.3)

446

2

14.3

431

1

(3.4)

443

7

-

2011

156

4

-

145

2

(7.0)

185

1

28.1

192

3

3.7

170

10

-

2012

531

2

23.2

519

1

(2.3)

497

2

(4.2)

569

1

14.5

529

6

19.6

2012

191

2

(0.5)

207

2

8.1

169

1

(18.2)

231

3

36.9

200

8

17.7 27.0

Ave. psf

Y-O-Y growth (%)

0 503

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Marina Court Ph. 1 (Blocks C & D) Q1 (JAN-MAC)

2013

529

0

(7.0)

529

0

-

575

1

8.6

544

2

(5.3)

545

3

2.9

2013

269

2

16.0

222

2

(17.2)

268

3

20.7

255

3

(5.1)

253

10

2014

567

1

4.2

596

1

5.1

596

0

-

596

0

-

589

2

8.2

2014

276

2

8.5

288

3

4.3

288

0

-

253

4

(12.3)

277

9

9.1

2015

592

1

(0.7)

592

0

-

592

0

-

592

0

-

592

1

0.5

2015

254

1

0.3

208

1

(18.1)

274

2

31.7

274

0

-

252

4

(8.8)

2016

592

0

-

592

0

-

592

0

-

539

1

(8.9)

579

1

(2.2)

2016

252

0

(7.8)

299

1

18.4

311

2

4.3

311

0

-

293

3

16.4

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

281

1

-

281

0

-

345

2

22.7

303

3

-

2011

0

0

-

0

0

-

468

1

-

468

0

-

468

1

-

2012

303

0

(12.4)

452

2

49.4

313

2

(30.9)

326

1

4.3

348

5

15.1

2012

338

2

(27.8)

338

0

-

338

0

-

413

1

22.2

357

3

(23.8) (0.6)

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Prince Tower

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

PearL Tower Condominium Q1 (JAN-MAC)

2013

348

0

6.8

339

2

(2.7)

457

1

34.9

275

1

(39.9)

355

4

1.9

2013

357

0

(13.6)

357

0

-

352

1

(1.3)

352

0

-

355

1

2014

371

1

34.9

317

1

(14.4)

317

0

-

359

1

13.2

341

3

(3.9)

2014

355

0

0.6

355

0

-

355

0

-

355

0

-

355

0

-

2015

341

0

(5.0)

341

0

-

341

0

-

341

0

-

341

0

-

2015

386

1

9.0

326

1

(15.6)

326

0

-

326

0

-

341

2

(3.8)

2016

341

0

-

341

0

-

322

1

(5.5)

364

1

12.9

342

1

0.3

2016

341

0

4.6

341

0

-

341

0

-

341

0

-

341

0

-

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

451

1

-

420

3

(7.0)

340

1

(19.0)

303

5

-

2011

430

2

-

601

2

39.6

601

0

-

601

0

-

558

4

-

2012

422

4

24.1

464

1

9.8

478

5

3.2

517

3

8.0

470

13

55.3

2012

535

3

(11.1)

535

0

-

500

1

(6.4)

500

0

-

517

4

(7.3)

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Puteri Damai Condominium Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Puncak Luyang Q1 (JAN-MAC)

2013

470

0

(9.0)

428

2

(9.0)

693

7

61.8

490

4

(29.3)

520

13

10.6

2013

648

1

29.5

525

1

(18.9)

525

0

-

525

0

-

556

2

7.5

2014

493

2

0.6

449

4

(8.8)

449

0

-

618

1

37.6

502

7

(3.4)

2014

556

0

5.8

681

1

22.4

681

0

-

681

0

-

650

1

16.8

2015

539

1

(12.8)

496

1

(8.0)

496

0

-

496

0

-

507

2

0.9

2015

714

1

4.9

714

0

-

714

0

-

714

0

-

714

1

10.0

2016

507

0

2.2

539

1

6.4

539

2

0.0

539

0

-

531

3

4.8

2016

714

0

-

714

0

-

714

0

-

714

0

-

714

0

-

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

78

www.PropertyHunter.com.my


Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

275

1

-

302

2

9.6

302

0

-

355

1

17.6

308

4

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

308

0

(13.1)

308

0

-

308

0

-

308

0

-

308

0

-

Y-O-Y growth (%)

Y-O-Y growth (%)

0 0

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Radiant Masionet

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Puri Fantasi Q1 (JAN-MAC)

2013

0

0

-

0

0

-

0

0

-

434

1

-

434

1

-

2013

308

0

-

308

0

-

308

0

-

308

0

-

308

0

-

2014

434

0

-

434

0

-

434

0

-

434

0

-

434

0

-

2014

391

1

26.7

419

2

7.3

419

0

-

419

0

-

412

3

33.6

2015

434

0

-

434

0

-

410

1

(5.5)

410

0

-

422

1

(2.7)

2015

351

1

(16.1)

351

0

-

435

1

23.9

435

0

-

393

2

(4.5)

2016

422

0

2.9

422

0

-

422

0

-

422

0

-

422

0

-

2016

393

0

(9.6)

393

0

-

393

0

-

393

0

-

393

0

-

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

447

1

447

1

2010

0

0

0

0

0

0

0

0

0

0

0

-

447

0

-

447

0

-

447

0

-

447

0

-

2011

0

0

-

412

2

-

412

0

-

446

2

8.2

424

4

-

2012

315

1

(29.6)

315

0

-

315

0

-

463

1

47.3

352

2

(21.3)

2012

424

0

(5.1)

424

0

-

424

0

-

418

1

(1.4)

422

1

(0.4)

Ave. psf

Year

0 447

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Radiant Tower B Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Radiant Tower A Q1 (JAN-MAC)

2013

498

1

7.5

498

0

-

498

0

-

498

0

-

498

1

41.6

2013

422

0

1.1

422

0

-

456

1

7.9

501

1

10.0

450

2

6.7

2014

498

0

-

498

0

-

498

0

-

498

0

-

498

0

-

2014

478

1

(4.5)

478

0

-

478

0

-

447

1

(6.5)

471

2

4.5

2015

498

0

-

498

0

-

498

0

-

498

0

-

498

0

-

2015

471

0

5.2

471

0

-

471

0

-

471

0

-

471

0

-

2016

498

0

-

498

0

-

498

0

-

498

0

-

498

0

-

2016

471

0

-

532

1

12.9

536

2

0.8

536

0

-

519

3

10.2

RainfiEld Court

Seri Borneo Condominium

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

213

3

213

3

2010

0

0

0

0

0

0

245

2

245

2

-

192

1

(14.2)

253

1

31.8

147

2

(41.7)

204

6

-

2011

221

1

-

255

2

15.2

203

2

(20.4)

219

2

8.2

225

7

-

2012

179

2

21.7

179

0

-

262

3

46.3

235

1

(10.5)

214

6

4.9

2012

225

0

2.4

225

0

-

267

1

18.7

318

3

19.2

258

4

15.1

Y-O-Y growth (%)

Y-O-Y growth (%)

0 2

Ave. psf

0 224

Ave. psf

2010 2011

Year

Year

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

2013

245

2

4.2

262

5

7.3

276

6

5.3

320

3

15.8

276

16

29.0

2013

327

1

2.9

284

1

(13.2)

284

0

-

303

2

6.9

299

4

15.9

2014

341

1

6.7

341

0

-

319

3

(6.6)

307

2

(3.7)

327

6

18.6

2014

286

1

(5.7)

286

0

-

286

0

-

286

0

-

286

1

(4.5)

2015

281

1

(8.5)

295

3

5.0

269

2

(8.6)

269

0

-

278

6

(14.9)

2015

346

1

21.1

346

0

-

346

0

-

346

0

-

346

1

21.1

2016

282

1

4.8

262

3

(7.1)

296

2

13.1

296

0

-

284

6

2.1

2016

346

0

-

346

0

-

282

1

(18.4)

282

0

-

314

1

(9.2)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

301

2

301

2

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

301

0

-

354

2

17.5

337

1

(4.7)

337

0

-

332

3

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

332

0

(1.4)

359

2

8.0

417

3

16.2

423

4

1.5

383

9

15.2 15.2

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Surian Residences Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Seri Manis Condominium Q1 (JAN-MAC)

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2013

436

4

3.0

435

9

(0.3)

450

11

3.6

444

22

(1.4)

441

46

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2014

473

2

6.6

440

2

(6.9)

440

0

-

456

3

3.5

453

7

2.6

2015

0

0

-

422

1

-

422

0

-

422

0

-

422

1

-

2015

493

4

8.1

568

1

15.3

543

1

(4.4)

543

0

-

537

6

18.7

2016

422

0

-

422

0

-

505

1

19.6

505

0

-

464

1

9.8

2016

537

0

(1.2)

537

0

-

558

1

3.9

406

1

(27.3)

509

2

(5.1)

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

www.PropertyHunter.com.my

79


DATABANK

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

196

1

196

1

2010

0

0

0

0

0

0

0

0

0

0

3

-

204

5

12.2

225

5

10.1

215

5

(4.3)

207

18

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

218

4

1.1

252

11

15.8

265

6

5.1

261

11

(1.5)

249

32

20.4

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Ave. psf

Year

0 182

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

The Light Residences Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Taman Penampang Phase 2 Q1 (JAN-MAC)

2013

253

4

(3.2)

269

11

6.5

256

6

(4.8)

265

9

3.5

261

30

4.8

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2014

294

9

10.8

227

2

(22.7)

311

5

37.0

284

11

(8.8)

279

27

7.0

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2015

301

3

6.0

307

4

1.9

342

4

11.5

331

1

(3.4)

320

12

14.7

2015

414

1

-

441

2

6.6

423

1

(4.1)

423

0

-

425

4

-

2016

323

2

(2.3)

329

4

1.9

279

5

(15.4)

322

2

15.6

313

13

(2.1)

2016

425

0

0.5

425

0

-

425

0

-

425

0

-

425

0

-

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

462

2

-

579

1

25.1

579

0

-

579

0

-

550

3

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

404

1

(30.2)

556

3

37.7

555

2

(0.2)

560

3

0.9

519

9

(5.6)

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

THE PEAK CONDOMINIUM

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

The Loft Q1 (JAN-MAC)

2013

651

1

-

651

0

-

651

0

-

686

4

5.2

660

5

-

2013

542

2

(3.3)

599

6

10.5

599

0

-

588

6

(1.8)

582

14

12.1

2014

660

0

(3.7)

794

1

20.3

794

0

-

890

3

12.1

784

4

18.9

2014

512

1

(12.9)

548

2

7.1

615

4

12.3

617

1

0.2

573

8

(1.5)

2015

778

4

(12.5)

881

4

13.1

785

2

(10.9)

785

0

-

807

10

2.9

2015

610

3

(1.1)

610

0

-

610

0

-

671

3

9.9

625

6

9.1

2016

807

0

2.8

835

3

3.4

765

6

(8.3)

765

0

-

793

9

(1.8)

2016

625

0

(6.8)

625

0

-

625

0

-

625

0

-

625

0

-

The Peak SOHO Tower B

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

Vol. of transaction

Year

0

0

0

0

0

401

2

401

2

2010

0

0

0

0

0

0

0

0

0

0

2

-

371

3

(11.6)

371

0

-

371

0

-

383

5

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

444

2

19.7

444

0

-

404

1

(8.9)

404

0

-

424

3

10.8

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Ave. psf

Y-O-Y growth (%)

0 420

Ave. psf

2010 2011

Year

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Ave. psf

Vol. of transaction

Q1 (JAN-MAC)

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

The Peak Suites Q1 (JAN-MAC)

2013

424

0

4.9

424

0

-

424

0

-

424

0

-

424

0

-

2013

0

0

-

0

0

-

0

0

-

513

1

-

513

1

-

2014

466

1

9.8

466

0

-

466

0

-

547

2

17.4

486

3

14.6

2014

513

0

-

609

1

18.6

735

2

20.7

660

3

(10.2)

629

6

22.6

2015

595

2

8.7

571

1

(4.0)

571

0

-

521

1

(8.7)

564

4

16.1

2015

629

0

(4.6)

629

0

-

730

1

16.0

730

0

-

680

1

8.0

2016

564

0

8.3

564

0

-

557

1

(1.4)

557

0

-

561

1

(0.7)

2016

680

0

(6.9)

680

0

-

792

1

16.5

792

0

-

736

1

8.2

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

0

0

-

590

5

-

615

5

4.2

603

10

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

615

2

(0.1)

753

4

22.4

590

4

(21.7)

888

3

50.7

711

13

18.0

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

The Suritz

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

The Peak Vista Q1 (JAN-MAC)

2013 1002

5

12.8

827

8

(17.5)

829

4

0.3

681

8

(17.9)

835

25

17.3

2013

0

0

-

0

0

-

0

0

-

0

0

-

0

0

2014

983

1

44.4

929

4

(5.5)

990

1

6.5

990

0

-

973

6

16.6

2014

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2015

916

1

(7.5)

916

0

-

916

0

-

916

0

-

916

1

(5.9)

2015

0

0

-

480

1

-

480

0

-

480

0

-

480

1

-

2016

916

0

-

916

0

-

916

0

-

916

0

-

916

0

-

2016

480

0

-

420

1

(12.4)

469

1

11.7

469

0

-

460

2

(4.2)

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

80

www.PropertyHunter.com.my


Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

236

0

220

1

255

5

237

7

2010

0

0

0

0

0

0

0

0

0

0

-

263

4

5.0

246

5

(6.3)

252

7

2.1

253

20

-

2011

0

0

-

0

0

-

253

1

-

253

0

-

253

1

-

2012

265

6

5.2

281

6

6.1

269

9

(4.1)

263

5

(2.3)

270

26

6.6

2012

253

0

-

253

0

-

253

0

-

257

1

1.4

254

1

0.3

Y-O-Y growth (%)

Y-O-Y growth (%)

1 4

Ave. psf

Year

236 250

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

University Apartment 2 Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

University Apartment 1 Q1 (JAN-MAC)

2013

292

3

10.8

269

7

(7.6)

270

2

0.2

281

6

4.0

278

18

3.2

2013

421

1

63.8

315

4

(25.0)

305

2

(3.4)

307

1

0.7

337

8

32.5

2014

352

3

25.1

303

5

(13.8)

312

4

3.0

328

8

4.9

324

20

16.4

2014

313

1

2.0

333

1

6.6

266

0

(20.3)

335

2

26.0

312

4

(7.5)

2015

296

6

(9.6)

295

4

(0.2)

315

4

6.5

331

2

5.1

309

16

(4.5)

2015

312

0

(6.9)

267

1

(14.4)

267

0

-

267

0

-

278

1

(10.8)

2016

382

1

15.5

360

6

(5.8)

273

1

(24.1)

340

1

24.7

339

9

9.5

2016

278

0

4.2

278

0

-

355

1

27.6

355

0

-

316

1

13.8

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

Y-O-Y growth (%)

Y-O-Y growth (%)

0 0

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

University Condo Apartment 2

Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

University Condo Apartment 1 Q1 (JAN-MAC)

2013

0

0

-

318

2

-

250

3

(21.6)

250

0

0.1

273

5

-

2013

0

0

-

0

0

-

0

0

-

353

1

-

353

1

-

2014

329

1

31.5

337

2

2.5

335

2

(0.4)

392

3

16.7

348

8

27.7

2014

343

2

(2.9)

294

2

(14.2)

322

2

9.5

295

1

(8.3)

314

7

(11.3)

2015

348

2

(11.2)

375

3

7.8

392

1

4.6

392

0

-

377

6

8.2

2015

314

0

6.2

347

1

10.6

347

0

-

347

0

-

338

1

7.9

2016

377

0

(3.9)

377

0

-

344

2

(8.7)

344

0

-

360

2

(4.3)

2016

359

2

3.6

351

2

(2.2)

333

2

(5.2)

396

1

18.8

360

7

6.3

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Y-O-Y growth (%)

0

0

0

0

0

0

0

0

0

2010

0

0

0

0

0

0

0

0

0

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2011

0

0

-

0

0

-

0

0

-

0

0

-

0

0

-

2012

296

1

-

214

1

(27.8)

214

0

-

214

0

-

235

2

-

2012

0

0

-

296

1

-

296

0

-

296

0

-

222

1

#DIV/0! 1.3

Ave. psf

Year

0 0

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

Ave. psf

Vol. of transaction

Yearly

Y-O-Y growth (%)

Vol. of transaction

Viewland Apartment Phase 3 Q4 (OCT-DEC)

Ave. psf

Vol. of transaction

Q3 (JUL-SEP)

Y-O-Y growth (%)

Vol. of transaction

Q2 (APR-JUN)

Vol. of transaction

Viewland Apartment Q1 (JAN-MAC)

2013

235

0

9.6

235

0

-

235

0

-

372

1

58.3

269

1

14.6

2013

222

0

(25.0)

222

0

-

222

0

-

233

1

5.2

225

1

2014

269

0

(27.6)

269

0

-

269

0

-

269

0

-

269

0

-

2014

225

0

(3.7)

225

0

-

225

0

-

225

0

-

225

0

-

2015

280

1

4.1

280

0

-

280

0

-

280

0

-

280

1

4.1

2015

225

0

-

225

0

-

225

0

-

225

0

-

225

0

-

2016

280

0

-

280

0

-

280

0

-

280

0

-

280

0

-

2016

225

0

-

305

1

35.6

305

0

-

305

0

-

285

1

26.7

WAIKIKI CONDOMINIUM

Y-O-Y growth (%)

Ave. psf

Y-O-Y growth (%)

Ave. psf

0

0

0

0

303

1

319

1

311

2

306

4

-

307

4

0.4

394

1

28.3

396

1

0.6

351

10

-

2012

351

0

(11.5)

423

5

20.5

440

2

4.2

344

3

(22.0)

389

10

11.0 (7.5)

Ave. psf

2010 2011

Year

Y-O-Y growth (%)

Vol. of transaction

Yearly

Ave. psf

Vol. of transaction

Q4 (OCT-DEC)

Y-O-Y growth (%)

Vol. of transaction

Q3 (JUL-SEP)

Ave. psf

Vol. of transaction

Q2 (APR-JUN)

Y-O-Y growth (%)

Vol. of transaction

Q1 (JAN-MAC)

2013

369

3

7.3

369

0

-

324

8

(12.2)

379

1

16.9

360

12

2014

421

2

11.2

421

0

-

404

1

(4.1)

343

1

(15.0)

397

4

10.3

2015

368

2

7.1

494

2

34.4

494

0

-

494

0

-

462

4

16.4

2016

378

2

(23.4)

378

0

-

378

0

-

378

0

-

378

2

(18.2)

The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.

www.PropertyHunter.com.my

81


APARTMENT FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

82

www.PropertyHunter.com.my


www.PropertyHunter.com.my

83


APARTMENT FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

84

www.PropertyHunter.com.my


www.PropertyHunter.com.my

85


APARTMENT FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

86

www.PropertyHunter.com.my


APARTMENT FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

87


CONDO FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

88

www.PropertyHunter.com.my


CONDO FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

89


CONDO FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

90

www.PropertyHunter.com.my


CONDO FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

91


SEMI-DETACHED HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my


SEMI-DETACHED HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

93


TERRACE / LINK HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

94

www.PropertyHunter.com.my


TERRACE / LINK HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

95


TERRACE / LINK HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my

96

www.PropertyHunter.com.my


TERRACE / LINK HOUSE FOR SALE

Extracted from PropertyHunter.com.my

*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my www.PropertyHunter.com.my

97


98

www.PropertyHunter.com.my


www.PropertyHunter.com.my

99


100

www.PropertyHunter.com.my


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.