Tips of buying a house

Major Consideration:-
a) Location
b) Reputation of Developer
c) Price

Other Consideration:-
a) Infrastructure - road, highway & LRT
b) Commercial - shopping mall, and others shops
c) School, College, University
d) Hospital, clinic and etc

Secondary Consideration:-
a) Landscaping - type of trees
b) Type of locks and sanitary fittings used
c) sound proofing of window
d) number of lifts provided, security features of lift
e) width of the road in front of your house
f) the availability and number of visitors parking
g) layout and lighting in basement parking
h) the design of traffic flow and the ease of security implementation

Bird near Desa Putra

Crowd is coming to Wangsa Walk, where people parking rampantly near Desa Putra made 3 lanes road become 1 lane. It has massive crowd in Wangsa Walk last week end due to promotion of electronic/multimedia products in the car park of Wangsa Walk.
Birds also coming to Desa Putra, the picture was taken in the evening after rain.

Community Service Project

Launching of Muk En Community Care Centre cum Funds Raising Carnival for Chinese Primary School in Setapak Area. MP of Wangsa Maju, YB Wee Choo Keong was invited to grace the opening ceremony. The main sponsor of the Carnival is Easy Phar max http://www.easypha-max.com Community Centre Contact : 03-41425255

5% property gains tax seen as a temporary move

KUALA LUMPUR: The Government’s proposal to impose a real property gains tax (RPGT) of 5% from Jan 1 may just be a temporary measure, says Taxand Malaysia Sdn Bhd managing director Dr Veerinderjeet Singh.

From left: Irene Dorner, Dr Veerinderjeet Singh and Taxand executive director Kang Beng Hoe at the seminar.

“We feel that it is a temporary imposition. We think that in the long term, the original scale rates of 30%, 20%, 15%, etc will be coming back,” he told a press conference prior to a seminar on Budget 2010 jointly organised by Taxand and the Malaysian International Chamber of Commerce and Industry (MICCI) yesterday.

Prior to the exemption of the RPGT in April 2007, tax on gains from property sales was on a progressive basis from 30% to 0% depending on the holding period of the property.

Veerinderjeet however, said that total exemption from RPGT would be unlikely.

“What would probably not change is the 5%,” he said.

He called the RPGT tax imposition a “revenue generating measure that has not gone down too well with individuals.”

“We do agree that 5% does not appear to be sensible. Whether there will be a lot of revenue to be collected, we’re not sure – it depends on the transactions. But people would probably be happier if this took effect from 2011 rather than next year.”

He added however that property owners should be thankful that the RPGT was capped at 5% and not higher.

http://www.starproperty.my/PropertyScene/PropertyNews/675/0/0