The Edge Property Excellence Awards, the TPDA established in 2003 ranks the country’s best property players from the consumer’s perspective for their quantitative and qualitative attributes. In 2010, the award was given on the 7th October during The Edge Property Excellence Awards 2010 event.
The “quantitative” elements were the companies’ shareholders’ funds, revenue, pre-tax profit and net gearing for the fiscal year ended 2009.
The “qualitative” attributes include the quality of the product, innovation and creativity, value creation for buyers, image and expertise. Deloitte Malaysia audited the tabulation of both the quantitative and qualitative results.
Below are the list of companies that received the award.
On Friday 15th October 2010, Prime Minister, Datuk Seri Najib Tun Razak tabled a RM212-billion budget for 2011 centred on four key strategies designed to transform Malaysia into a developed and high-income nation by 2020 with sustainable development, spearheaded by the private sector as well as focus on the well-being of the people.
The following are Budget 2011 highlights for Personal Finance and Investment.
OSK Research predicted that, Malaysia’s property sector is set to see its biggest residential boom in a decade, led mainly by medium- to high-end landed properties.
The sector may peak sometime in 2012 to 2013 before going into a potential slump.
OSK Research said a major mass housing boom will likely occur in the first half of this decade. It added that the sector was already entering the early stage of a property “super cycle”.
Although the expected peak in 2012 – 2013 may have dire consequences, the phenomenal boom that immediately precedes it gives investors an excellent opportunity to profit from the trend for at least the next 12 months.
If you have a rental property & your tenant fails to pay the rent, don’t ever think to reclaim your property by breaking in. It is againsts the law. Many landlords had been brought to court by tenants for breaking into their properties and were sued for the loss of their tenants’ assets including cash.
And the worst part is, it could be a trap laid by tenants who are looking for easy cash.
In the past three months, three such claims were made by tenants. All of them are Malaysians who are against their landlords. Their claims amounted to a total of RM117,000 in cash and assets.
I believe everybody is aware about the New Economic Model (NEM) which was announced by our prime minnister a few days ago which aim to bring Malaysia to high income nation in 10 years time.
However, what interest me more is the news on Government and EPF to jointly develop 3000 acres of land in Sungei Buloh into a new hub for the Klang Valley. If is it true then the property price around the area may increase. This is a good news for property investor.
But, where is the exact location?