thumbnail_AvatarMaker (3).png

AvatarMaker (3).png

<h1>Top 4 stations in Kuala Lumpur with the Highest Ridership</h1>Kuala Lumpur, the bustling capital city of Malaysia, is known for its iconic skyline punctuated by towering skyscrapers, vibrant street markets, and a rich tapestry of cultures. The city’s public transportation system, particularly its train network, plays a crucial role in connecting people to various parts of the city. Among the numerous train stations in Kuala Lumpur, <a href="https://www.google.com/search?q=mrt+bukit+bintang&amp;rlz=1C1ONGR_enMY1049MY1049&amp;oq=mrt+bukit+bintang&amp;gs_lcrp=EgZjaHJvbWUyCQgAEEUYORiABDINCAEQLhivARjHARiABDIHCAIQABiABDIHCAMQABiABDIHCAQQABiABDIHCAUQABiABDIHCAYQABiABDIHCAcQABiABDIHCAgQABiABDIHCAkQABiABNIBCDYwNzNqMGo3qAIAsAIA&amp;sourceid=chrome&amp;ie=UTF-8#rlimm=1959058522666410849">Bukit Bintang</a>, <a href="https://www.klsentral.info/">KL Sentral</a>, <a href="https://www.google.com/search?q=lrt+klcc&amp;rlz=1C1ONGR_enMY1049MY1049&amp;oq=lrt+klcc&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg7MgYIAhBFGDvSAQgzNzQ4ajBqNKgCALACAA&amp;sourceid=chrome&amp;ie=UTF-8">KLCC</a>, and <a href="https://mrt.com.my/lrt_kelana/pasar_seni.htm">Pasar Seni </a>consistently record the highest ridership. Let’s delve into why these stations are such popular destinations.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_a709ce8cf1/image_a709ce8cf1.png"><figcaption>Tree map of the volume of train ridership in every stations in Malaysia</figcaption></figure><h2>Bukit Bintang: The Heart of Entertainment and Shopping</h2>Bukit Bintang is often dubbed as the entertainment and shopping paradise of Kuala Lumpur. This bustling area is home to a plethora of shopping malls like Pavilion KL and Lot 10, which offer a wide range of international brands and high-end boutiques. Additionally, the vibrant street life with its alfresco dining outlets and night markets make it a magnet for both locals and tourists. Its strategic location and the variety of attractions it offers contribute to its high train ridership.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_0bca1237ab/image_0bca1237ab.png"><figcaption>Bukit Bintang.</figcaption></figure>In terms of office activities, Bukit Bintang is a hub for many businesses. The area is home to several office buildings and commercial spaces. Some hosts numerous workshops and exhibitions featuring local artists’ works during the weekends. The vibrant atmosphere and the availability of various amenities plus a <a href="https://en.wikipedia.org/wiki/Bukit_Bintang">Shibuya-style</a> pedestrian crossing to increase walkability make it an ideal location for businesses.&nbsp; &nbsp;<ul><li>Key Attractions: The vibrant Jalan Alor food street, luxury malls like Pavilion KL, and the bustling nightlife of Changkat Bukit Bintang.</li><li>Unique Aspect: The seamless blend of luxury and street culture, where high-end boutiques are just a stone's throw away from local street vendors.</li><li>Connectivity: It's connected by both the Kajang Line and the Monorail, making it easily accessible.</li></ul><h2>KL Sentral: The Transportation Hub</h2>KL Sentral is Malaysia’s <a href="https://shopoffice.my/kl-sentral-office-space/">largest transit hub</a>, offering global connectivity and excellent investment opportunities. It provides direct access to <a href="https://www.klsentral.info/">six rail systems</a> and links to major highways, making it an ideal starting point for journeys within the city and beyond. This is a major transportation hub connecting various train lines, buses, and even the airport rail link. High ridership here can be attributed to it being a primary interchange and connection point. Its strategic location, just 1.5km from Kuala Lumpur’s city centre, further enhances its appeal as a top train destination.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_2caefeccee/image_2caefeccee.png"><figcaption>KL Sentral</figcaption></figure>As for office activities, KL Sentral is designed as an intermodal transport hub. The southern end of Kuala Lumpur Sentral has seen substantial additions of several commercial and civic buildings since 2001. Office zones in KL Sentral account for more than 50% of the total land area. The developer intends that KL Sentral will ultimately be the business and financial hub of Kuala Lumpur.<ul><li>Key Attractions: The seamless integration of various rail services, the adjoining NU Sentral shopping mall, and its proximity to historical sites.</li><li>Unique Aspect: Its role as a convergence point for both locals and tourists, making it a microcosm of the city's diverse populace.</li><li>Connectivity: It's connected to most major lines in KL and In/Outbound KL.</li></ul><h2>KLCC: Iconic Landmarks and Business Centre</h2>KLCC (Kuala Lumpur City Centre) is another significant area with high train ridership. It houses Malaysia’s most popular landmarks such as the <a href="https://www.petronastwintowers.com.my/">Petronas Twin Towers</a> and is a significant urban agglomeration with an estimated population density nearly equal to that of the city proper. The area also boasts several high-end hotels, corporate office towers, international hotels, luxury condominiums, retail malls &amp; serviced apartments, making it a popular destination for both business and leisure travelers.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_2cb61e8379/image_2cb61e8379.png"><figcaption>KLCC</figcaption></figure>In terms of office activities, KLCC is known for its business centre. It houses numerous multinational corporations and businesses. The area also hosts various events such as conferences and meetings which contribute to its high ridership.<ul><li>Key Attractions: The lush KLCC Park, the state-of-the-art Aquaria KLCC, and the luxurious Suria KLCC shopping mall.</li><li>Unique Aspect: The harmonious blend of nature, commerce, and architecture, symbolized by the iconic Twin Towers that dominate the city's skyline.</li></ul><h2>Pasar Seni: A Blend of Culture and Art</h2>Pasar Seni, also known as Central Market, is a famous interchange station on the KL Metro. It’s a hub for local art, culture, and heritage, housing numerous shops selling handicrafts, souvenirs, collectables, and more. Its proximity to other attractions like Petaling Street adds to its appeal as a top train destination.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_1f549fed57/image_1f549fed57.png"><figcaption>Central Market since 1888</figcaption></figure>When it comes to office activities in Pasar Seni, it’s worth noting that this area is home to several creative spaces like REXKL which <a href="https://www.tripzilla.com/pasar-seni-kl-guide/134927">hosts theatre performances, workshops, screenings among other events</a>. These activities not only attract locals but also tourists who are interested in experiencing Malaysia’s rich cultural heritage.<ul><li>Key Attractions: The market's diverse zones showcasing Malay, Chinese, Indian, and East Malaysian crafts, and the nearby vibrant Kasturi Walk.</li><li>Unique Aspect: The preservation of cultural heritage amidst urban modernity, offering visitors a chance to step back in time and experience Malaysia's rich traditions.</li></ul>In conclusion, the high ridership at Bukit Bintang, KL Sentral, KLCC, and Pasar Seni stations can be attributed to their strategic locations and the variety of attractions they offer. Whether it’s shopping in Bukit Bintang, catching a train at KL Sentral, admiring the iconic landmarks at KLCC or exploring local art at Pasar Seni - these stations serve as gateways to some of Kuala Lumpur’s most exciting destinations.

Explore why Bukit Bintang, KL Sentral, KLCC, and Pasar Seni are top train destinations in Kuala Lumpur. Discover the role of office activities in ridership.

medium_51968262927_84e2dafdee_c.webp

small_51968262927_84e2dafdee_c.webp

thumbnail_51968262927_84e2dafdee_c.webp

51968262927_84e2dafdee_c.webp

Why Bukit Bintang, KL Sentral, KLCC, and Pasar Seni are the Top Train Destinations in Kuala Lumpur

large_vw-beetle-g52f558395_1920.jpg

medium_vw-beetle-g52f558395_1920.jpg

small_vw-beetle-g52f558395_1920.jpg

thumbnail_vw-beetle-g52f558395_1920.jpg

vw-beetle-g52f558395_1920.jpg

It is so exciting to come across a fantastic deal during your house search. In fact, you can accidentally walk into a rental scam. While a majority of rental listings are legitimate, rental scams are out there, and not easy to spot with untrained eyes. Here is a list of common red flags for rental scams.&nbsp;<h2>Asking For Money Before Seeing The House</h2>Being requested to transfer payment to rent before seeing the house is &nbsp;"the surest evidence of fraud." You are advised against transferring money for a security deposit, processing fee, or first month's rent. Remember that once you send money, you can't get it back.<h2>Asking For Payment To Be Issued To Personal Account</h2>All deposit payments should be issued to licensed company accounts. There will be scam potential if you issued the payment to a personal account.&nbsp;<h2>A Copy And Paste Ads</h2>A sloppy advertisement with poor language or spelling might be the work of a fraudster. Put your faith in internet listings that do not include any dubious language. Read through every internet rental listing carefully. Keep an eye out for spelling and grammatical faults, unusual terminology, and excessive use of capital letters.&nbsp;&nbsp;<h2>Missing in Action (MIA) Landlord</h2>Assume you're looking for a property to rent, but the landlord notifies you that they're out of the country. They claim to have arranged for someone else, maybe a "friend," to deal with you. Unfortunately, the person posing as the agent might let you look at the place (and not require you to sign a lease) but hand you fake keys after you've sent money to the out-of-the-country landlord. Unless you can meet a landlord or property agent in person, tour the rental unit and sign a lease before paying money, look elsewhere for a place to live.&nbsp;<h2>Rental Price Is Too Cheap To Be True</h2>If you are looking at the rental prices in certain neighborhoods and spotted places with a few hundred lower than average, proceed cautiously.If you come across photos with watermarks in an ad for a rental unit, do a reverse image search to hunt for identical pictures. Or plug the address into a search engine to see whether the property pops up in for-sale ads. If you discover discrepancies, consider moving on to other rental ads.&nbsp;<h2>You Can't Visit the Rental Unit</h2>If you're not being allowed to visit and tour a rental unit but you're being asked to send a security deposit or the first month's rent, it's likely that someone is trying to rip you off. In reality, the rental unit may not exist at all. Before signing a lease or turning over any money, you should visit the rental unit or have a trusted person visit on your behalf.&nbsp;<h2>You're Reading an Online Ad With No Photos</h2>A rental ad without images is not always a fraud, but it should raise an eyebrow. After all, anyone with a smartphone can take good images of a rental property. When you see an ad that lacks images, contact the landlord or agents and ask if they can send you some images. Be wary of any images that are emailed to you and require you to download them. These files might include viruses or other malicious software that is meant to steal your personal information.

While a majority of rental listings are legitimate, rental scams are out there, and not easy to spot with untrained eye

Cover Page - 5 Common Red Flags Of Rental Scams.png

large_Cover Page - 5 Common Red Flags Of Rental Scams.png

medium_Cover Page - 5 Common Red Flags Of Rental Scams.png

small_Cover Page - 5 Common Red Flags Of Rental Scams.png

thumbnail_Cover Page - 5 Common Red Flags Of Rental Scams.png

Red Flags Of Rental Scam In Malaysia

small_avatar (2).png

thumbnail_avatar (2).png

avatar (2).png

When it comes to choosing your new home, there are so many factors to consider. Where you decide to live can have a huge impact on your everyday life, from the commute to work to the type of people in your neighborhood. Ultimately, it boils down to what is most important for you and your family.<h2>Standard benefits:</h2>- Access to public transportation. - Proximity to schools, grocery stores, and other amenities. Emotional benefits:- Feel safe in the neighborhood. - Enjoy being part of a vibrant community. To make sure that you find the perfect place for you, here is an extensive guide on all the different things that should be taken into account when searching for a new home.<h2> Location</h2>The location is arguably one of the most important things you need to consider when looking for a new house. This includes where exactly it is located within the city or town, as well as how accessible it is in terms of public transport and other amenities such as grocery stores and hospitals. The distance between work and home should also be taken into account if you intend on driving rather than taking public transport.<h2>Schools &amp; Kindergartens</h2>If you have children or intend on having children soon, then schools and kindergartens are something that needs to be taken into account before making a final decision. It’s essential to look at the quality of education offered at these institutions, as well as any special facilities available such as playgrounds or sports facilities. Additionally, it would be beneficial to research whether or not there are any extra-curricular activities provided by either school or kindergarten which could help enhance your child’s learning experience even further.<h2>Community</h2>The community surrounding your potential house should also be considered carefully before making any decisions. Living in an area with friendly neighbors and like-minded people can add such value to your life as they will provide support during difficult times and can also become close friends over time. Furthermore, it’s worth researching what sort of activities are available in the nearby areas such as parks, museums or cafes – this can give insight into whether this particular neighborhood suits your lifestyle needs or not.<h2> Grocery Stores</h2>Another factor that needs considering when looking for a new house is its proximity to grocery stores. Although this might seem insignificant at first glance, having access to fresh food within walking distance can really improve quality of life – particularly if living alone without any help from family members or friends who could do grocery runs for you on their own time and if budgeting doesn’t allow regular trips elsewhere for groceries needed every week or two weeks depending on availability at local shops/supermarkets etc.The variety of products offered by stores nearby should also be taken into consideration – some might offer more organic options whereas others may only provide processed food items which could affect health over time if not monitored carefully enough through diet plans created by nutritionists/dietitians specifically tailored according to user’s personal needs dietary-wise based off professional evaluations done beforehand so patient knows exactly which types foods best suit their body composition + metabolic state.<h2> Cleanliness &amp; Safety</h2>When looking for a new house, cleanliness becomes another priority point that must not go unnoticed. It’s important to check both inside and outside places including gardens/yards plus backyards (if applicable) just make sure no hazardous materials lurking around potentially causing harm to anyone who comes into contact with them due to lack of precautionary measures being taken previously (e .g due absent repairs made property owners ) while safety-wise, ensure the area has low crime rate lower than average means ensuring whole family feels safe secure while living there without fear anything bad happening near vicinity.Additionally, general state hygiene must be in good order to avoid possible health issues arising from citizens living in those areas e .g spread infectious diseases caused by poor sanitation, neglected waste disposal systems etcetera.<h2> Accessibility and Transportation</h2>When choosing a location for your home, the ease of transportation is an important factor. Consider how accessible nearby public transport is and what types of transportation are available. If you don’t have access to a car, make sure there are other options that can help you get around. Also think about how far you will have to travel for everyday needs such as groceries, entertainment, and amenities.<h2> Neighborhood and Safety</h2>The neighborhood where you choose to live is just as important as the house itself. Research what kind of local amenities are available and if there are any potential safety concerns. Try to get a feel for the area’s overall vibe and consider whether it is somewhere you will feel comfortable and secure. If possible, try to meet some of the neighbors in person so that you can get an even better sense of the area before deciding to commit.<h2> Costs and Resources</h2>Before you make a decision, it’s important to factor in all associated costs. Consider the cost of living in the area, as well as any extra expenses such as taxes or utilities. Also research available resources and incentives that may be able to help you save money on your purchase.&nbsp;<h2>Conclusion</h2>Choosing a new home can be daunting but with careful consideration given towards all key aspects listed above – location, schools + kindergarten, community, grocery stores, cleanliness + safety, etc– one can ensure they pick the right choice the first time around avoiding possible future regret feeling missed opportunities had opted otherwise.With this comprehensive guide hand hopefully, readers now have a better idea overall process decision-making process when it comes to picking the perfect residence for their loved ones! &nbsp; &nbsp;

When looking for a new house, it is important to consider factors such as the local crime rate, schools in the area, commute times from work, cost of living and local amenities. In this blog, we will look into these factors and more

medium_1441491515.jpg

small_1441491515.jpg

thumbnail_1441491515.jpg

1441491515.jpg

Choosing Location for Your New Home - A Comprehensive Guide

<h1 style="text-align:justify;">What are the Negative Factors when Buying Property in Malaysia?</h1>&nbsp;Acquiring a property is undoubtedly a monumental milestone in anyone's life, a decision encrusted with dreams, ambitions, and, often, significant financial investments. But beyond the enchantment of owning a home lies an array of practical considerations, pivotal amongst them being the location of the property. The position of your house influences not just its market value but also its livability and your overall lifestyle. In Malaysia, several locational aspects can potentially negatively impact these aspects. In this comprehensive guide, we aim to uncover these factors, thus enabling you to make an informed and wise decision when purchasing your dream home in this vibrant country.<h2 style="text-align:justify;">Proximity to Cemeteries</h2>The allure of serene landscapes, undisturbed tranquillity, and a sense of history might make living near a cemetery seem like an unconventional yet appealing choice for some. However, in many cultures, particularly in Malaysia, being in the vicinity of a graveyard is often associated with superstitions, spiritual beliefs, and an inevitable sense of discomfort.Residents may experience a decrease in their property's aesthetic value, not to mention the potential difficulty in reselling or renting out the property due to these prevalent beliefs. The aura of gloom and solemnity associated with such spaces might dampen the everyday liveliness that many homeowners look forward to in their residential neighbourhood.Moreover, cemeteries can inadvertently attract disruptive activities such as vandalism or unsolicited intrusions from ghost hunters or thrill-seekers, causing unnecessary disturbance. For instance, a house at Jalan Semerah Padi, adjacent to the <a href="https://en.wikipedia.org/wiki/Cheras_Christian_Cemetery">Cheras Christian Cemetery</a>, might face these challenges, making it a less desirable choice for potential buyers or tenants.<h2 style="text-align:justify;">Presence of Oxidation Ponds</h2>Despite their economic and operational advantages, oxidation ponds can pose serious environmental and health risks when located close to residential properties.One of the primary downsides of oxidation ponds is the unpleasant odour they can emit, particularly when overloaded or inadequately maintained. The smell arises from the anaerobic decomposition of organic matter, leading to the release of gases like hydrogen sulphide and ammonia. Not only are these odours potentially unbearable, but they can also cause irritation to the eyes, nose, throat, and even the lungs, thereby posing significant health risks.In addition, these ponds can attract insects, rodents, and other pests, which can be a source of nuisance, transmit diseases, and decrease the overall quality of life in the neighbouring residential areas. More concerning is the environmental hazard they present. Overflow or leakage from the oxidation ponds can contaminate nearby groundwater and surface water sources with harmful pathogens and nutrients.An example of an oxidation pond in Malaysia is the Taman Timor Oxidation Pond in Johor, operated by <a href="https://www.iwk.com.my/">Indah Water Konsortium (IWK)</a>. While the pond has been treated with a beneficial microorganism product (mPHO) to improve water quality and reduce odour, it still requires continuous monitoring and maintenance for efficient and safe operation. This underscores the importance of potential homeowners thoroughly evaluating their prospective property's proximity to such facilities.<h2 style="text-align:justify;"> Abandoned Projects Nearby</h2><img class="image_resized" style="width:75%;" src="https://storage.googleapis.com/crib-blog/abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49/abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49.jpg" alt="abadoned-school-class-room-chernobyl-city-zone-radioactivity-ghost-town.jpg" srcset="https://storage.googleapis.com/crib-blog/thumbnail_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49/thumbnail_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49.jpg 241w,https://storage.googleapis.com/crib-blog/small_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49/small_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49.jpg 500w,https://storage.googleapis.com/crib-blog/medium_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49/medium_abadoned_school_class_room_chernobyl_city_zone_radioactivity_ghost_town_a5ceb1ac49.jpg 750w," sizes="100vw">One of the more daunting prospects for potential homeowners is discovering that their dream home is near an abandoned project. This term denotes a development project that has been discontinued or put on hold indefinitely due to varying reasons, such as financial difficulties, legal disputes, or poor planning. While an abandoned project might seem like a distant concern, its implications for the surrounding environment and inhabitants can be far-reaching.These dormant structures often become hotbeds for criminal activities, causing safety concerns for nearby residents. They can also attract pests, significantly lowering the aesthetic appeal and the property values in the surrounding area. Perhaps the most profound effect is the degradation of the overall quality of life for local residents, who have to contend with issues such as noise, pollution, and traffic congestion, among others.An infamous example in Malaysia is the <a href="https://www.freemalaysiatoday.com/category/nation/2019/11/11/after-27-years-abandoned-plaza-rakyat-to-be-redeveloped/">Plaza Rakyat project</a> in Kuala Lumpur. Initially planned as a mixed-use development consisting of a hotel, office towers, a shopping mall, and residential units, the project was abandoned in 1997 due to the Asian financial crisis. For the past two decades, the project was to be an eyesore and a source of various issues for nearby residents.As of January 31, 2023, 115 abandoned housing projects in Peninsular Malaysia had negatively affected 14,206 buyers. The number of such projects is expected to rise due to the effects of the Movement Control Order (MCO), which saw development projects halted to curb the spread of Covid-19. It's therefore crucial for potential buyers to research nearby development projects to avoid the risks associated with abandoned buildings.<h2 style="text-align:justify;">Risk of Flooding</h2><figure class="image image_resized" style="width:75%;"><img src="https://storage.googleapis.com/crib-blog/image_2f31ce11de/image_2f31ce11de.png"></figure>While Malaysia's tropical climate brings a certain allure, it also harbours the peril of flooding, especially during the monsoon season. Floods can lead to widespread damage to properties and infrastructure and create health and safety risks for inhabitants, turning a dream home into a potential nightmare.Several factors, including poor drainage systems, rapid urbanisation, and land subsidence (the sinking of the ground surface), can heighten an area's vulnerability to floods. Areas such as the districts of Klang and Petaling in Selangor, and Shah Alam in Kuala Lumpur, are known to be highly susceptible to flash floods.To prevent the costly mistake of purchasing a property in a flood-prone area, it is advisable to use tools like <a href="https://coastal.climatecentral.org/">https://coastal.climatecentral.org/</a>, which displays areas likely to be affected by a specific rise in sea level. This knowledge can help buyers make informed decisions regarding their property's location, reducing the risk of potential flood damage.&nbsp;<h2 style="text-align:justify;">Proximity to Land Fields</h2>Land fields, or landfill sites, are designated areas where waste materials are disposed of by burying them under layers of soil. While they play an essential role in waste management, their proximity to residential areas can pose significant health and environmental risks.Air pollution is a primary concern with landfills, as they emit harmful gases like methane, carbon dioxide, and hydrogen sulphide. These gases contribute to unpleasant odours, air pollution, and can exacerbate respiratory conditions such as asthma and bronchitis.Water contamination is another major risk associated with landfills. They can leach toxic substances like heavy metals, pesticides, and pathogens into groundwater and surface water sources, resulting in polluted drinking and irrigation water and leading to various diseases.Soil degradation is another potential downside, as landfills can alter the soil's physical and chemical properties, affecting the growth of plants and crops and reducing soil biodiversity. Moreover, land fields are prone to fires, which can harm air quality, human health, and spread to nearby buildings and forests, causing property damage and ecological destruction.For instance, the Orang Asli residents of Kampung Pasir Linggi claim that their lives are ‘miserable’ when they have to smell the stench of garbage from the disposal site located by the road leading to their residential area for the past 20 years.Before purchasing a property, it is advisable to research nearby landfills. Tools like online maps, satellite images, and the Department of Environment's website can provide crucial information about the location and size of nearby land fields. Additionally, potential homeowners should consider visiting the area and speaking to locals to gain a first-hand understanding of the conditions and potential problems caused by the land fields.<h2 style="text-align:justify;">Crime Rate in the Area</h2><figure class="image image_resized" style="width:75%;"><img src="https://storage.googleapis.com/crib-blog/image_c8c75ba305/image_c8c75ba305.png"></figure>One crucial factor that should never be overlooked when buying a property is the crime rate in the area. Living in a high-crime area can significantly compromise your safety, security, peace of mind, and the overall quality of life. It can also impact property value and the ease with which you might sell your home in the future.In Malaysia, like any other country, crime rates can vary dramatically from one area to another. High crime rates could be indicative of deeper systemic issues in the community, such as high unemployment, low education levels, and a lack of community cohesion. https://www.numbeo.com/crime/country_result.jsp?country=Malaysia shows the comparison of crime rates between two areas.It is advisable to research crime rates in your potential neighborhood thoroughly. Various online platforms provide information about the criminal activities reported in different regions of Malaysia. One such platform is <a href=" https://www.numbeo.com/crime/country_result.jsp?country=Malaysia">Numbeo </a>shows the comparison of crime rates between two areas.&nbsp;Furthermore, visiting the neighbourhood at different times of the day, particularly at night, can give you a sense of how safe you would feel living there. Speaking to residents can also provide invaluable insights into safety in the area.<blockquote>Find your <a href="https://crib.my/buy">Perfect Neighbourhood here</a></blockquote><h2 style="text-align:justify;">Conclusion</h2>Choosing a home is more than just deciding on the house itself; it is about selecting a location that will enhance your lifestyle, provide a safe and healthy living environment, and prove to be a worthwhile investment. Factors such as proximity to cemeteries, oxidation ponds, abandoned projects, land fields, flood-prone areas, and crime rates are critical considerations that can significantly impact these aspects.While the process may seem overwhelming, knowing what to look out for and doing your due diligence will ensure you make a well-informed decision. It is also crucial to consider professional guidance from real estate experts, as they can provide a more comprehensive understanding of the property market in Malaysia and help navigate potential pitfalls.Buying a home is a journey that should be embarked on with not just dreams and aspirations but also armed with extensive knowledge and understanding. It's about creating a space that you and your family can live in comfortably and safely, a place that truly feels like home. The aim of this guide was to equip you with some of this knowledge to make your home-buying journey a smooth and rewarding experience. &nbsp;

Explore key factors to consider before buying property in Malaysia - proximity to cemeteries, oxidation ponds, landfill, abandoned projects, flood risks, and crime rates

small_1109794_1056 (1).jpg

thumbnail_1109794_1056 (1).jpg

1109794_1056 (1).jpg

Evaluating Location: Unmasking the Negative Factors When Buying a Property in Malaysia

<h2>Introduction</h2>Are you looking for a place to make your second home abroad? Maybe you've been dreaming of living in paradise and exploring new cultures. If so, Malaysia could be the perfect fit for you. The country is full of incredible sights, from captivating wildlife to mesmerizing landscapes. But Malaysia is more than just a beautiful destination – it's also an inviting place to call home. With its relaxed lifestyle, welcoming locals, and delicious cuisine, there are plenty of reasons why Malaysia should be on your list of places to live abroad. In this article, we'll help you gain a better understanding of the country and its attractions by taking a closer look at all that makes Malaysia such an amazing second home choice.&nbsp;<h2>The Advantages of Moving to Malaysia</h2>Are you looking for a fresh start abroad? The Southeast Asian nation of Malaysia might just be your perfect next home. With its diverse cultures, lush landscapes, and easy access to foreign amenities, it’s no wonder that Malaysia is fast becoming one of the most popular places to make one’s second home.&nbsp;Here are some advantages of making Malaysia your second home:<ul><li>It is a multi-cultural society, with Malay Muslims forming the majority of the population and other visible ethnic groups such as Chinese, Indian, and many other smaller ethnicities living harmoniously with the locals.&nbsp;</li><li>The cost of living in Malaysia is relatively low compared to Western countries.&nbsp;</li><li>Healthcare costs are much lower than in Western countries. &nbsp;The country offers great connectivity through extensive road networks and an efficient public transportation system as well as international airports.&nbsp;</li><li>There are many English-speaking people in Malaysia, making it easier for foreign retirees or ex-pats to communicate with locals. Given these advantages, it's no surprise why so many overseas-based Malaysians and foreigners alike have chosen to call this Southeast Asian nation their second home. &nbsp;</li></ul><h2>Types of Visas to Choose From</h2>The great thing about Malaysia is that there are several types of visas you can choose from if you decide to make it your second home abroad. Whether you plan to stay for a short period or the long haul, there’s a visa to fit your individual needs. Let's start with short-term stays. You might choose from a social visit pass which can last anywhere from one to three months and is perfect if you're just visiting family or friends, or a business visit pass that allows you to attend meetings and conferences in the country. On the other hand, if you’re looking to make Malaysia your second home permanently, then the two valid options are a permanent residence visa and an MM2H (Malaysia My Second Home) visa. The former is best suited for retirees who are financially independent while the latter has no age restriction but requires applicants to fulfill certain financial requirements. No matter what kind of visa you decide on, make sure you thoroughly understand the terms and conditions before submitting any application forms or documents. &nbsp;<h2>What Are the Requirements?</h2>Making Malaysia your second home is a fairly straightforward process — all you need is an approved Long-Term Social Visit Pass (LTSP) to get started. The LTSP allows foreign citizens to stay in the country for up to 10 years, with the possibility of renewal. You can apply for an LTSP directly from the Malaysia Immigration Department or through an approved agent. The application requirements are as follows:<ol style="list-style-type:decimal;"><li>A valid passport with a minimum of 6 months of validity</li><li>An entry visa (if required)</li><li>Financial resources that demonstrate your ability to support yourself while in Malaysia</li><li>Medical documentation (i.e. health check)</li><li>Certificate of good character</li><li>Proof of residence, such as a rental agreement</li><li>Local sponsor (if applicable). If required, this must be provided by a relative or acquaintance who is currently residing in Malaysia.</li><li>Photographs (passport sized). The exact number will depend on the country you are applying from but is usually between 4 and 8 photos</li></ol>Once you have all the paperwork together, you just need to submit it to your local Malaysian embassy or consulate, along with the appropriate fees processing times may vary greatly depending on where you are in the world - so make sure to plan! Once approved, you're ready to start experiencing everything that picturesque Malaysia has to offer!&nbsp;<h2>Cost of Living in Malaysia</h2>Living in Malaysia is surprisingly affordable. You may have heard it said that anything from food to housing to healthcare cost a fraction of what you would pay in nations like the United States or Australia—and it's true. The cost of living is so much lower that many people who may not be able to afford to live somewhere else can make Malaysia their second home. From creamy bowls of laksa to fresh coconuts delivered right to your door, great eats abound at a fraction of what you'd pay back home.Here are some examples of just how affordable life in Malaysia can be:<ul><li>Meal for two at an inexpensive restaurant: around USD 8</li><li>A monthly pass for public transport: around USD 10</li><li>A liter of gasoline: around USD 0.60</li></ul>The cost of living varies by region, but overall Malaysia is known as one of the most affordable places in the world and is an ideal spot for those looking to start their life anew or just looking for a leisurely vacation spot.&nbsp;<h2>Transportation and Lifestyle Options</h2>Malaysia's transportation and lifestyle options make it an ideal choice for you to make your second home abroad. Its transportation infrastructure is such that it’s easy to travel around the country, allowing you to explore. The country also offers a variety of lifestyle options: from the cosmopolitan cities of Kuala Lumpur and Petaling Jaya to the laid-back vibes of the islands of Penang, Langkawi, and Tioman.Flight Connectivity You can reach almost any part of Malaysia within just a few hours, thanks to its extensive flight network connecting domestic as well as international destinations. You can even fly direct from Kuala Lumpur International Airport (KUL) to many major cities in Europe and North America, making traveling abroad very convenient if ever you need or want to leave the country. Great Quality of Life Malaysia’s low cost of living allows you to enjoy the same lifestyle that expensive countries may offer at a fraction of the price. Whether it’s education for your children, healthcare services, or even leisure activities, there is plenty for you to choose from without breaking the bank! With its excellent transport connectivity, quality of life, and plenty of activities and attractions, Malaysia truly is an ideal place for anyone looking for a second home abroad. &nbsp;<h2>How to Make the Most of Your Move to Malaysia</h2>If you're ready to make the move to Malaysia, there are some steps you can take to make the most of your second home. Here are a few things you should consider: &nbsp;<ol style="list-style-type:decimal;"><li>Establish long-term residency status: Malaysia has several residency options that allow foreigners to stay in the country for extended periods. It’s important to understand the various visa requirements and make sure you have all the necessary documentation for establishing your residency status.</li><li>Become familiar with local customs: Once you’ve established yourself as a permanent resident in Malaysia, it’s important to observe local customs and traditions, both inside and outside of your home. Make sure you understand how things work in Malaysian culture before attempting anything that could be seen as disrespectful or inappropriate.</li><li>Make connections: The best way to fully appreciate Malaysian life is by making connections with locals who can help you learn more about the nuances of life in Malaysia. This can be done by attending local festivals, joining community groups, and engaging in conversation with locals whenever possible.</li><li>Take advantage of amenities: Malaysia offers an array of amenities that can enhance your living experience, from top-notch medical services and modern transportation systems to high-speed internet access and quality education opportunities. Be sure to explore all these offerings so that you can get the most out of your time there! &nbsp;</li></ol>Moving abroad is always a big decision, but with proper planning and research, it can be an incredibly rewarding experience for anyone looking for an exciting new adventure!<h2>Conclusion</h2>From its vibrant cities to its diverse culture and stunning landscapes, Malaysia is a great place for foreigners to consider making their second home. It's a country that offers something for everyone, from the bustling capital of Kuala Lumpur to the beautiful beaches of the east coast. The low cost of living and warm climate make it a perfect place to live and work. Malaysia is the ideal country for foreigners looking for a second home to explore, with its amazing natural beauty, friendly people, and hospitable atmosphere. The country offers a safe, low-cost place to live, with plenty of exciting opportunities to learn, explore and discover. Whether you're looking to move abroad to start a new business, or just spend time in a new country, Malaysia is a great option. &nbsp;

Malaysia could be the perfect fit for you.The country is full of incredible sights, from captivating wildlife to mesmerizing landscapes. But Malaysia is more than just a beautiful destination – it's also an inviting place to call home

large_1390751397SS.jpg

medium_1390751397SS.jpg

small_1390751397SS.jpg

thumbnail_1390751397SS.jpg

1390751397SS.jpg

Malaysia: The Perfect Place to Make Your Second Home Abroad

small_avatar (4).png

thumbnail_avatar (4).png

avatar (4).png

<h1 style="text-align:justify;">This is Segambut</h1>&nbsp;Welcome to Segambut, a vibrant and bustling suburb nestled in the heart of Kuala Lumpur, Malaysia. This dynamic locale, which has been a proud federal constituency represented in the Dewan Rakyat since 1995, boasts a rich tapestry of history and culture. Segambut's roots trace back to the mukim of Batu Caves, a time before 1974 when Kuala Lumpur was still a part of Selangor.Fast forward to today, and Segambut has transformed into a thriving community known for its diverse range of properties. Whether you're drawn to the luxury condominiums of Mont Kiara and Sri Hartamas, the comfortable middle-class neighborhoods of Taman Sri Segambut and Bandar Manjalara, or the rustic charm of rural areas like Segambut Dalam and Kampung Sungai Penchala, Segambut has a place for everyone.Currently, the suburb is represented by Hannah Yeoh Tseow Suan from Pakatan Harapan -DAP, the former ADUN of Subang Jaya, who serves as the Member of Parliament (MP) for Segambut. And if you're wondering about the postcode, Segambut proudly carries the number 51200.Join us as we delve deeper into the many facets of Segambut, a suburb that truly encapsulates the spirit of Kuala Lumpur and offers a unique blend of lifestyle options that cater to a wide range of preferences and budgets.<h2 style="text-align:justify;">Finding Your Perfect Home: The Diverse Residential Areas of Segambut</h2>The residential landscape of Segambut is as varied as it is appealing. For those seeking the luxury of high-end living, the condominiums of Mont Kiara and Sri Hartamas offer a blend of comfort, convenience, and class. These areas are known for their modern architecture, top-notch amenities, and close-knit communities.For the middle-class residents, Taman Sri Segambut offer a balance of affordability and quality living. These areas are characterized by well-planned housing estates, good infrastructure, and proximity to essential amenities.For those who prefer a more rustic and laid-back lifestyle, the rural areas of Segambut Dalam and Kampung Sungai Penchala offer a breath of fresh air. These areas retain their traditional charm while still providing access to the conveniences of city living.Other notable residential areas in Segambut include Taman Segambut, North Kiara, Taman Sri Sinar, Bukit Prima Pelangi, and Taman Desa Segambut. Each of these areas adds to the rich tapestry of residential options in Segambut, making it a suburb that truly has something for everyone.Whether you're a young professional looking for your first home, a growing family seeking more space, or a retiree wanting a peaceful retreat, Segambut's diverse residential areas have you covered.<h2 style="margin-left:0px;text-align:justify;">Investment Opportunities Abound: Navigating the Real Estate Market in Segambut</h2>Segambut's real estate market is as diverse as its residential areas, offering a wide array of investment opportunities for both seasoned investors and first-time homebuyers. The market is active and robust, reflecting the suburb's growing popularity among residents and investors alike.Properties in Segambut come in two main types: freehold and leasehold. Freehold properties provide the owner with permanent ownership, while leasehold properties are owned for a specific period, after which they revert to the state. This diversity allows potential homeowners and investors to choose the type of ownership that best suits their needs and investment strategies.<img class="image_resized" style="width:75%;" src="https://storage.googleapis.com/crib-blog/segambut_price_bin_4e84566ebc/segambut_price_bin_4e84566ebc.png" alt="segambut price bin.png" srcset="https://storage.googleapis.com/crib-blog/thumbnail_segambut_price_bin_4e84566ebc/thumbnail_segambut_price_bin_4e84566ebc.png 225w,https://storage.googleapis.com/crib-blog/small_segambut_price_bin_4e84566ebc/small_segambut_price_bin_4e84566ebc.png 500w,https://storage.googleapis.com/crib-blog/medium_segambut_price_bin_4e84566ebc/medium_segambut_price_bin_4e84566ebc.png 750w,https://storage.googleapis.com/crib-blog/large_segambut_price_bin_4e84566ebc/large_segambut_price_bin_4e84566ebc.png 1000w," sizes="100vw">When it comes to property prices, Segambut offers a range of options to fit various budgets. As of now, the median price for properties (including flats and bungalow) in Segambut stands at an accessible RM 470k. Meanwhile, the median price per square foot is RM363.87, offering value for money, especially considering the suburb's strategic location and the quality of life it offers.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_34accb65d6/image_34accb65d6.png"></figure>Whether you're looking to invest in a luxury condominium, a comfortable family home, or a charming house in a rural setting, Segambut's real estate market has options to suit your needs. With its diverse property types and price ranges, Segambut is a real estate market that offers both variety and value.<h2 style="margin-left:0px;text-align:justify;">Stay Connected: Segambut's Excellent Accessibility and Transportation Network</h2>Ease of access and connectivity are key factors when choosing a place to live or invest in, and Segambut excels in both. This well-connected suburb offers seamless travel to the rest of Kuala Lumpur and beyond, thanks to its extensive network of highways and public transportation options.For those who prefer public transportation, Segambut is served by the KA05 Segambut Komuter station on the KTM Komuter Port Klang Line. This line runs from Tanjung Malim to Port Klang, passing through KL Sentral and other city-centre stations, making it convenient for daily commuting. Additionally, the suburb is served by various rapid transit stations on the MRT Kajang Line, including the KG14 Semantan, KG13 Pusat Bandar Damansara, and KG10 Taman Tun Dr Ismail stations.For those who drive, Segambut is accessible via a broad network of highways, ensuring quick and easy travel to and from the suburb. These include the Duta–Ulu Klang Expressway (DUKE), SPRINT Highway, Penchala Link, Kerinchi Link, New Klang Valley Expressway (NKVE), and Damansara-Puchong Expressway (LDP). Major roads such as Jalan Segambut, Jalan Kuching, Jalan Duta, and Jalan Ipoh also serve the area, providing additional routes for residents.Whether you're commuting to work, heading out for a weekend getaway, or simply running errands, Segambut's excellent accessibility and transportation network make getting around a breeze. It's just one more reason why Segambut is a great place to live and invest in.<h2 style="margin-left:0px;text-align:justify;">Living Life to the Fullest: The Rich Array of Amenities and Facilities in Segambut</h2>Segambut is more than just a place to live—it's a place to truly enjoy life. This vibrant suburb offers a wealth of amenities and facilities that cater to every need and lifestyle, making everyday living convenient and enjoyable.For those who love to shop and dine, Segambut is home to several shopping malls and a plethora of restaurants. United Point, a multi-shop mall located on Jalan Lang Emas, and Publika, an artsy shopping mall located in Solaris Dutamas, are just two of the many retail destinations in the area. Whether you're in the mood for a shopping spree, a casual meal, or a gourmet dining experience, you'll find it all in Segambut.Nature lovers will appreciate the green spaces in Segambut, such as the 35-acre Sentul Park. This private gated community offers a variety of attractions and is the perfect place to unwind and enjoy the outdoors.Healthcare facilities are also readily available in Segambut. Global Doctors Specialist Centre, Gleneagles Hospital, Sentul Medical Centre, and KPJ Damansara Specialist Hospital are just a few of the medical facilities that residents can access for their healthcare needs.Education is a key aspect of any community, and Segambut offers a diverse range of educational institutions. The area is home to government or public schools, private schools, and international schools, catering to students of all ages. The language of instruction varies, with public schools teaching in Malay, vernacular schools in Mandarin and Tamil, and international schools in English. Some of the well-known schools in Segambut include the <a href="https://www.lfkl.edu.my/">French School of Kuala Lumpur</a>, <a href="https://www.mkis.edu.my/">Mont’Kiara International School</a>, <a href="https://www.gardenschool.edu.my/?utm_campaign=[AD]search-Brand_Retainer&amp;utm_source=google&amp;utm_medium=cpc&amp;utm_content=614647738736&amp;utm_term=garden%20international%20school&amp;adgroupid=139714530676&amp;gad=1&amp;gclid=CjwKCAjw2K6lBhBXEiwA5RjtCSB6QvQ6NvDQ8l66Af8BUKJLGazGrRjdqxAlqQJyEULYUFZg1qgmvhoCbJMQAvD_BwE">Garden International School</a>, and <a href="https://hibiscus.edu.my/">Hibiscus International School</a>. National schools such as SMK Seri Hartamas, SK Bukit Damansara, SK Seri Hartamas, SK Segambut, and SMK Segambut also serve the community.In Segambut, you'll find everything you need to lead a fulfilling and comfortable life. From shopping and dining to healthcare and education, Segambut's rich array of amenities and facilities truly sets it apart.<h2 style="margin-left:0px;text-align:justify;">A Glimpse into the Future: Upcoming Developments in Segambut</h2>Segambut is a suburb on the rise, with several upcoming developments poised to further enhance its appeal and potentially impact property values. These developments, which include new residential projects, commercial ventures, and infrastructure upgrades, could provide exciting opportunities for investment and contribute to the area's growth and vibrancy.Between 2024 and 2030, a number of new property developments are expected to launch in and the surrounding of Segambut, further diversifying its real estate landscape. Here are some projects to keep an eye on:<ol><li style="text-align:justify;"><a href="https://rianadutamas.com/register.aspx?utm_source=google+&amp;utm_medium=cpc&amp;utm_campaign=rd+brand+name&amp;gclid=CjwKCAjw2K6lBhBXEiwA5RjtCdtpC4UR0-Dd-GpboXKgfSfWZ-gD6fP4gbuGLcmnIZEX6FS5VFej1hoC8CkQAvD_BwE">SAVVY @ Riana Dutamas</a>: This residential development promises to offer a blend of comfort, convenience, and modern living.</li><li style="text-align:justify;"><a href="https://www.coreresidence-trx.com/">CORE Residence @ TRX</a>: Located in the heart of the city, this development is set to redefine luxury living in Kuala Lumpur.</li><li style="text-align:justify;"><a href="https://www.sunwaybelfield.com/">Sunway Belfield</a>: This project aims to provide quality homes in a strategic location, offering residents easy access to various amenities.</li><li style="text-align:justify;"><a href="https://paramountproperty.my/the-atrium/">The Atrium</a>: This development is expected to offer a unique blend of residential and commercial spaces.</li><li style="text-align:justify;"><a href="https://www.tr2residence.com/?gclid=CjwKCAjw2K6lBhBXEiwA5RjtCbiceabS8H-I7su9G1kT-_OVklehHH7MDBLaTgkqbn97nZXgqCinmxoC3ssQAvD_BwE">TR2 Residence</a>: This residential project promises to offer a comfortable and modern living environment.</li></ol>These developments could offer new opportunities and add to the many reasons why Segambut is a great place to live and invest in.<h2 style="margin-left:0px;text-align:justify;">Segambut: A Suburb of Endless Possibilities</h2>In conclusion, Segambut is a suburb that truly has it all. From its diverse range of residential areas and active real estate market to its excellent accessibility and wealth of amenities, Segambut offers a quality of life that is hard to match. Its vibrant lifestyle, rich history, and promising future developments make it an attractive destination for both homebuyers and investors.Whether you're a young professional looking for a vibrant community, a family seeking a comfortable and convenient place to live, or an investor searching for promising opportunities, Segambut has something to offer you. Its unique blend of tradition and modernity, city living and rustic charm, and community spirit and individuality make it a suburb that caters to a wide range of tastes and preferences.So, if you're considering making a move or investing in property, why not consider Segambut? With its endless possibilities and promising future, it could be the perfect place for you to call home or make your next investment. Discover Segambut today and experience all the wonderful things it has to offer.

Discover Segambut, a vibrant Kuala Lumpur suburb offering diverse properties, excellent connectivity, rich amenities, and promising future developments.

Peta yang menonjolkan lokasi geografi dan sempadan pinggir bandar Segambut di Kuala Lumpur, Malaysia.

medium_map of segambut (1).jpg

small_map of segambut (1).jpg

thumbnail_map of segambut (1).jpg

map of segambut (1).jpg

Why Segambut Should Be Your Next Home: A Comprehensive Guide

thumbnail_AvatarMaker (1).png

AvatarMaker (1).png

The <a href="https://theedgemalaysia.com/node/682001">recent mid-term review of the 12th Malaysia Plan (12MP)</a> has highlighted the government's continued commitment to developing smart cities in Malaysia. The target is for at least five cities to be recognized as smart city early adopters by 2025, with local authorities being pushed to adopt the MS ISO 37122 sustainable cities standard. This aligns with the goals outlined in the in-depth <a href="https://www.kpkt.gov.my/kpkt/resources/user_1/GALERI/PDF_PENERBITAN/FRAMEWORK/FRAMEWORK_SMART_CITY_EXECUTIVE_SUMMARY.pdf">Malaysia Smart City Framework report,</a> which provides guidance and recommendations for transforming Malaysian cities into "smart cities" over the next decade.<h1>What is a Smart City?</h1>The <a href="https://www.kpkt.gov.my/kpkt/resources/user_1/GALERI/PDF_PENERBITAN/FRAMEWORK/FRAMEWORK_SMART_CITY_EXECUTIVE_SUMMARY.pdf">Malaysia Smart City Framework</a> report defines a smart city as one that "uses ICT and technological advancement to address urban issues including to improve quality of life, promote economic growth, develop sustainable and safe environment and encourage efficient urban management practices." The core components of a smart city highlighted in the report are smart economy, smart living, smart people, smart environment, smart mobility, smart digital infrastructure, and smart government.Some of the key criteria for a smart city are comprehensive infrastructure, initiatives aligned to city needs, community engagement, open data sharing, connected digital infrastructure, strong governance, and policies for sustainability. Leading smart cities globally like<a href="https://www.iotworldtoday.com/smart-cities/the-world-s-5-smartest-cities"> Singapore, Olso, London, San Francisco and Barcelona </a>have managed to efficiently address urban challenges in mobility, environment, economy, living standards and governance through smart city solutions.<h2>Why the Push for Smart Cities in Malaysia?</h2>Malaysia's rapid urbanization has led to a variety of urban challenges that require new approaches and solutions. The Smart City Framework report outlines key issues faced by Malaysian cities:- Smart Economy: Low productivity, lack of high value-added jobs, weak innovation ecosystem - Smart Living: High crime rates, increasing demand for healthcare - Smart Mobility: Traffic congestion, low public transport ridership&nbsp; - Smart Environment: Loss of green spaces, air and water pollution, flash floods - Smart People: Lack of skilled talent, low community participation - Smart Government: Lack of data sharing, low quality digital services - Smart Digital Infrastructure: Slow internet speeds, poor connectivitySmart city solutions enabled by technology, data analytics, internet-of-things (IoT) and artificial intelligence (AI) have the potential to address these urban challenges in a more integrated, efficient and sustainable manner. The government's push aligns with global trends of using technology and digitalization to enhance livability, sustainability and economic growth of cities.<h2>Key Strategies of Malaysia's Smart City Framework</h2>The Malaysia Smart City Framework outlines 112 smart city initiatives across the 7 components of smart economy, smart living, smart people, smart environment, smart mobility, smart digital infrastructure and smart government. Some of the key strategies are:Smart Economy - Promote digitalization of business operations&nbsp; - Support high value-added industries through incentives and workforce development - Establish incubators, technology labs and innovation platformsSmart Living - Leverage technology for safety, security and emergency response - Promote smart housing and urban farming initiatives - Enhance healthcare through digital services and monitoringSmart People - Reform education system to develop skilled digital workforce - Increase public participation and community empowerment&nbsp; - Improve inclusiveness through gender-friendly policiesSmart Environment - Adopt smart technologies for waste, water, air quality and disaster management - Shift towards renewable energy and low carbon cities - Preserve green spaces and enhance sustainabilitySmart Mobility - Establish intelligent transport management using sensors and AI - Integrate public transport systems through digital platforms&nbsp; - Transition to electric vehicles and green transportation modesSmart Digital Infrastructure - Upgrade connectivity and internet speed nationwide - Strengthen cybersecurity and data protection policies - Enhance network coverage quality through infrastructure sharingSmart Government - Promote open data, e-government services and digital procurement - Assess readiness and improve technological capabilities of agencies - Establish data sharing platforms across government agencies<h2>Pilot Smart City Projects</h2>The Framework has also identified pilot projects to kickstart smart city initiatives in 5 cities - Kuala Lumpur, Johor Bahru, Kota Kinabalu, Kuching and Kulim. These cities will function as testbeds for innovative solutions before scaling up nationwide. For instance, Kuala Lumpur will implement an Urban Observatory, Smart Bins, e-payment for retailers and smart lamp poles; while Kuching will deploy intelligent traffic lights and water sensors.Based on the Malaysia Smart City Framework report, the 5 cities of Kuala Lumpur, Johor Bahru, Kota Kinabalu, Kuching and Kulim were selected as pilot projects for the following reasons:<ol><li><a href="https://asean.org/our-communities/asean-smart-cities-network/">ASEAN Smart City Network </a>Membership</li></ol>Kuala Lumpur, Johor Bahru, Kota Kinabalu and Kuching have been selected as member cities under the ASEAN Smart City Network (ASCN).&nbsp;<ol><li>Identified as Competitive Cities in 11th Malaysia Plan</li></ol>The 11th Malaysia Plan had identified Kuala Lumpur, Johor Bahru and Kota Kinabalu as competitive cities with strong economic growth potential.&nbsp;<ol><li>Representation of Different City Hierarchies</li></ol>The 5 cities were selected to cover a range of hierarchies from global city (Kuala Lumpur) to regional city (Johor Bahru, Kota Kinabalu), state city (Kuching) and main city (Kulim).&nbsp;<h2>Challenges in Executing the Smart City Vision</h2>Transforming Malaysian cities into technologically advanced smart cities require substantial investment, infrastructure development, policy reforms, public-private partnerships and capacity building across many stakeholders. Effective change management will be crucial in executing the 112 initiatives outlined in the framework.The top level governance proposed is a National Smart City Council along with a coordinating authority. But active participation will be needed from local authorities, technology vendors, infrastructure companies, startups, academic institutions and communities.Cybersecurity and data privacy concerns will also need to be addressed proactively as cities get smarter and more connected through digital networks. Funding and attracting private investment at scale could be a challenge as smart city solutions often have higher upfront costs before demonstrating return-on-investment.Sustainability should be emphasized as a core principle to avoid negative externalities from rapid development. Change management of public, businesses and government agencies will be crucial in getting buy-in and aligning mindsets to the smart city vision. Otherwise there are risks of poor adoption of new policies, technologies and initiatives.Overall, the Malaysia Smart City Framework provides a comprehensive roadmap for systemically transforming cities through technological solutions. But it needs to be backed by political will, stakeholder alignment, public awareness and sustainable financing models to move from vision to implementation. The pilot phase over the next few years will demonstrate the appetite for smart city adoption and surface challenges that need resolution before larger scale expansion.

Malaysia Smart City Framework outlines strategies and pilot projects to transform cities into smart, sustainable and technologically advanced urban centers that improve quality of life.

large_sMART-CITIES (1).jpg

medium_sMART-CITIES (1).jpg

small_sMART-CITIES (1).jpg

thumbnail_sMART-CITIES (1).jpg

sMART-CITIES (1).jpg

The Recent Push for Smart Cities in Malaysia

Examines the extensive economic and property benefits the KL-Singapore HSR offers Malaysia - from Johor's growth to MM2H upside to transit-oriented development around stations

kereta api laju KL-Singapura yang licin memecut di sepanjang landasan melintasi padang terbuka dengan gunung jauh di Malaysia

large_8316259 (1).jpg

medium_8316259 (1).jpg

small_8316259 (1).jpg

thumbnail_8316259 (1).jpg

8316259 (1).jpg

How the KL-Singapore High Speed Rail Will Transform Johor and Malaysia's Economy

Malaysia's residential visa programmes, Malaysia My Second Home (MM2H) and the Premium Visa Programme (PVIP), have been attracting attention lately due to some proposed changes. The proposed amendments and their potential impact on the country's economy, foreign relations, and the real estate market warrant a closer examination.<h2 style="margin-left:0px;text-align:justify;">A Suggested Integration: MM2H and PVIP</h2>Anthony Liew, President of the Malaysia My Second Home (MM2H) Consultants Association, has proposed a solution to streamline Malaysia's residential programmes. Liew suggests incorporating PVIP into MM2H as a "new category." The merge, Liew argues, would allow all MM2H licensed agencies to promote it collectively, thereby reducing the workload for government officials.The PVIP, being similar to MM2H, offers long-term residential stay of up to 20 years with multiple entry visa facilities. However, since its inception, it has only received two applications. Home Minister Saifuddin Nasution Ismail assured that, despite the low interest, there are no plans to scrap PVIP; instead, it is set to undergo a review.The amalgamation of MM2H and PVIP could provide a streamlined process for potential residents and the agencies involved. From an economic perspective, this might attract more applicants to Malaysia due to the reduced complexity and increased accessibility of the programmes.<blockquote>Read on <a href="https://www.blog.crib.my/posts/exploring-malaysia-s-residency-programmes-mm-2-h-and-pvip">Exploring Malaysia's Residency Programmes: MM2H and PVIP</a></blockquote><h2 style="margin-left:0px;text-align:justify;">The Tiered Approach: Platinum, Gold, and Silver</h2>The MM2H programme is now being restructured into three categories: Platinum, Gold, and Silver, each requiring a different level of financial commitment from applicants. This restructuring comes in the wake of the Covid-19 pandemic, a period during which the programme was temporarily frozen.The new conditions for MM2H introduced in 2021 now require applicants to have permanent savings of at least RM1 million and liquid assets of RM1.5 million. They must also demonstrate an offshore income of at least RM40,000 a month.This tiered approach presents both opportunities and challenges. On one hand, it could attract wealthier foreign residents, thus bringing more foreign capital into the country. On the other hand, it could also discourage potential middle-income applicants, reducing the diversity of the expatriate community in Malaysia.<h2 style="margin-left:0px;text-align:justify;">MM2H, Housing Overhang, and Economic Spillover</h2>There's an ongoing debate about the broader implications of the heightened financial requirements for the MM2H programme. Tebrau MP Jimmy Puah believes that relaxing the MM2H requirements could attract a larger number of foreign residents, thus helping to alleviate the national housing overhang.Puah's sentiments are echoed by economist Carmelo Ferlito, who highlights that tighter restrictions may lead to fewer applications and thereby fewer positive spillover effects on the economy. These spillover effects could include increased spending in local businesses, contributions to the housing market, and overall economic stimulation.<blockquote>View our <a href="https://crib.my/">Properties</a></blockquote><h2 style="margin-left:0px;text-align:justify;">Reputation Matters: Malaysia's Credibility Among Expatriates</h2>The sudden shift in the MM2H programme's focus towards more affluent applicants has raised concerns about Malaysia's reputation among the international community. Critics, such as Donal Crotty from the Irish Chamber of Commerce, have pointed out that the higher requirements and policy changes have potentially damaged Malaysia's credibility among expatriates.This could have long-term implications for Malaysia's appeal as a destination for retirement and long-term residence, potentially affecting the country's foreign direct investments and international relations.<h2 style="margin-left:0px;text-align:justify;">Economic Gains Despite Stricter Regulations</h2>Home Minister Datuk Seri Saifuddin Nasution Ismail has defended the government's move to tighten the conditions for the MM2H programme. Despite a decline in the number of applications, the minister points out that the financial value added to the country has increased significantly.From an economic perspective, this move has attracted "quality" applicants, enhancing the country's monetary value. A stronger financial contribution from each participant, despite the reduced number, appears to be yielding the desired results.<h2 style="margin-left:0px;text-align:justify;">S-MM2H: An Attractive Alternative</h2>Meanwhile, the Sarawak-Malaysia My Second Home (S-MM2H) programme is showing promise. With its relatively relaxed conditions and high approval rates from countries such as Hong Kong, China, United States, United Kingdom, Singapore, Japan, South Korea, Australia, Canada, and France, S-MM2H could serve as an attractive alternative for foreign residents.Dato Sebastian Ting, the Deputy Minister of Tourism, Creative Industry and Performing Arts, has emphasized the programme's potential for growth and its positive impact on the Sarawak region's economy.<h2 style="margin-left:0px;text-align:justify;">The Way Forward</h2>The debate surrounding Malaysia's residential programmes, MM2H and PVIP, underscores the balancing act between attracting foreign capital and maintaining a diverse and vibrant expatriate community. As the government, consultants, and critics discuss the financial prerequisites and overall objectives of these programmes, it's crucial to consider the broader implications these changes could have on Malaysia's economy, housing market, and international reputation.

Explore Malaysia's MM2H and PVIP residential programmes and learn how they are transforming opportunities for foreign individuals and reinventing the Malaysian Dream.

Investment opportunities in Malaysian real estate through MM2H,Comparison of MM2H and PVIP requirements

small_river-old-view-melaka-malacca (1).jpg

thumbnail_river-old-view-melaka-malacca (1).jpg

river-old-view-melaka-malacca (1).jpg

Reinventing the Malaysian Dream: A Detailed Examination of Malaysia's Residential Programmes - MM2H and PVIP

Are you considering making Malaysia your second home or perhaps even thinking about starting a business venture in the country? If so, there are two promising programmes you should know about: the <a href="https://www.imi.gov.my/index.php/en/main-services/malaysia-my-second-home-mmh2-en/">Malaysia My Second Home (MM2H)</a> and the <a href="https://mypvip.com/en/">Malaysia Premium Visa Programme (PVIP)</a>.Launched by the Malaysian government, both of these initiatives aim to attract foreigners to the country, albeit catering to different demographics and needs. Here's what you need to know about them.<h2 style="margin-left:0px;text-align:justify;">MM2H: The Retirement Haven</h2>The <a href="https://www.imi.gov.my/index.php/en/main-services/malaysia-my-second-home-mmh2-en/">MM2H</a> is a well-established programme that grants foreigners a renewable 5-year visa to live in Malaysia. Recently, several amendments have been made to this initiative to attract a more financially stable demographic.Applicants must now be at least 35 years old and have a monthly income of RM40,000. Additionally, they must demonstrate liquid assets worth at least RM1,500,000 and make a fixed deposit of RM1,000,000. While the new requirements may seem steep, they come with perks such as the ability to purchase property, avail of international private medical insurance, and live in Malaysia on a long-term basis.<h2 style="margin-left:0px;text-align:justify;">PVIP: The Gateway for Entrepreneurs and Talents</h2>Introduced in 2022, PVIP is a programme aimed at attracting foreign investors, entrepreneurs, and talents to the country. Unlike MM2H, PVIP is open to individuals of all ages who can demonstrate an offshore income of RM40,000 per month.The PVIP offers successful applicants a long-term visa (up to 20 years) that provides the right to study, work, and invest in Malaysia, making it a fantastic option for those looking to immerse themselves in the country's growing economy.<h2 style="margin-left:0px;text-align:justify;">The Differences between MM2H and PVIP</h2><figure class="table"><table><tbody><tr><td style="background-color:hsl(0, 0%, 90%);">CRITERIA</td><td style="background-color:hsl(0, 0%, 90%);">PREMIUM VISA PROGRAMME (PVIP)</td><td style="background-color:hsl(0, 0%, 90%);">MALAYSIA MY SECOND HOME (MM2H)</td></tr><tr><td>Applicant age &nbsp;&nbsp;</td><td>No age requirement</td><td>35 and above</td></tr><tr><td>Foreign income proof</td><td>RM40,000 (monthly) or RM480,000 (annually)</td><td>RM40,000 (monthly)</td></tr><tr><td>Liquid asset proof</td><td>Not applicable</td><td>RM 1.5 million</td></tr><tr><td>Investment(fixed deposit in Malaysia)</td><td>RM 1 million</td><td>RM 1 million</td></tr><tr><td>Minimum stay in Malaysia</td><td>Not applicable</td><td>90 days</td></tr><tr><td>Eligible to conduct business, seek employment and enroll in education</td><td>Applicable</td><td>Not applicable</td></tr><tr><td style="text-align:center;" colspan="3">Property investment In accordance with state government requirements on foreigner minimum purchase price</td></tr><tr><td>Duration</td><td>20 years (renewable for another 20 years)</td><td>&nbsp;5 years (renewable)</td></tr></tbody></table></figure><h2 style="margin-left:0px;text-align:justify;">Stepping into Malaysia: Your MM2H and PVIP Guide</h2>&nbsp;MM2H Step-by-step Guide - The ministry’s official website at <a href="www.mm2h.gov.my">www.mm2h.gov.my</a><ul><li style="text-align:justify;">Check Your Eligibility: Ensure you meet the updated requirements: 35 years old, monthly income of RM40,000, liquid assets worth RM1,500,000, and ability to deposit RM1,000,000.</li><li style="text-align:justify;">Choose an Authorized Agent: All MM2H applications must be made through an agent authorized by the Ministry of Tourism.</li><li style="text-align:justify;">Prepare Your Application: Gather all necessary documents, including proof of income and assets.</li><li style="text-align:justify;">Submit Your Application: Submit your application online through your chosen agent.</li></ul>&nbsp;PVIP Step-by-step Guide - &nbsp;The department’s official website at <a href="www.imi.gov.my">www.imi.gov.my</a><ul><li style="text-align:justify;">Check Your Eligibility: You must be able to demonstrate an offshore income of RM40,000 per month.</li><li style="text-align:justify;">Choose an Authorized Agency: All PVIP applications must be submitted through an authorized agency appointed by the Immigration Department of Malaysia.</li><li style="text-align:justify;">Prepare Your Application: Gather the necessary documents, primarily those proving your monthly offshore income.</li><li style="text-align:justify;">Submit Your Application: Submit your application through your chosen agency.</li></ul>Whether you're looking to retire in a country renowned for its cultural diversity and natural beauty or seeking a fresh start in a booming Southeast Asian economy, Malaysia's MM2H and PVIP programmes open the door to endless possibilities.

Dive into Malaysia's unique residency programs, MM2H and PVIP. Uncover insights into eligibility, benefits, and the application process, shaping the path for your possible future residency in Malaysia

"Changes in Malaysia's MM2H Programme" "Reinventing residency in Malaysia through MM2H and PVIP

small_20230626105844_[fpdl.in]_kuala-lumpur-skyline-night_146508-1502_normal.jpg

thumbnail_20230626105844_[fpdl.in]_kuala-lumpur-skyline-night_146508-1502_normal.jpg

kuala-lumpur-skyline-night_146508-1502_normal.jpg

Exploring Malaysia's Residency Programmes: MM2H and PVIP

<h2>Why Investing in a Property Near a Tourist Attraction Could be a Smart Move</h2>Are you considering investing in real estate but need help figuring out where to start? Buying a property near a popular tourist attraction could be a wise investment decision. Here's why.<h2>The Benefits of Owning a Property Near a Tourist Attraction</h2><h4>High Demand for Rentals</h4>Tourist attractions draw visitors worldwide, meaning properties near these hotspots are in high demand. If you decide to rent out your property, you can expect to charge premium rates, especially during peak seasons.<h4>Potential for High Returns on Investment</h4>Investing in a property near a tourist attraction can be smart because the property's value may be appreciated more quickly than other properties. The location is a key factor in determining the value of a property, and a tourist attraction nearby can significantly increase the property's worth.<h4>Access to Amenities</h4>Tourist attractions are often surrounded by various amenities such as restaurants, shops, and entertainment venues. As a property owner, you can enjoy these amenities at your doorstep and potentially attract more renters.<h4>Diversify Your Portfolio</h4>Investing in a property near a tourist attraction can diversify your investment portfolio. This type of investment is considered a "hard asset," meaning it is a tangible asset that can help protect your portfolio against inflation and market fluctuations.<h4>&nbsp;Steady Stream of Visitors</h4>One of the most significant advantages of investing in a property near a tourist attraction is the steady stream of visitors that it brings. Tourist attractions are usually busy year-round, so your property will receive constant exposure and demand. This can lead to higher rental rates and a quicker return on investment.<h4>Potential for Appreciation</h4>Properties near tourist attractions are often in high demand and can appreciate in value at a faster rate than other properties. This is because the property's location is a significant factor in its value, and it is situated near a popular tourist attraction, which can significantly boost its worth. This makes it an ideal investment opportunity for those looking to build wealth through property appreciation.<h4>Tax Benefits</h4>Owning a property near a tourist attraction can also come with tax benefits. Many countries offer tax incentives for those who own rental properties near tourist attractions to encourage investment in their tourism industry. This can provide an excellent opportunity to lower your tax liability and increase your overall return on investment.<h2>How to Make the Most of Your Investment:</h2><ol><li>Hire a Professional Property Manager: If purchasing a property near a tourist attraction, consider hiring a professional manager to handle the day-to-day operations. This can help ensure that your property is well-maintained and your rental income maximized.</li><li>Keep Your Property Well-Maintained:&nbsp;To ensure that it remains attractive to renters and potential buyers, it's essential to keep it well-maintained. This includes regular cleaning, landscaping, and repairs as needed.</li><li>Stay Up-to-Date with Local Regulations: Tourist areas often have unique regulations and zoning laws. It's essential to stay up-to-date with these regulations to ensure that your property remains compliant and attractive to renters and buyers.</li></ol><h2>Factors to Consider When Buying a Property Near a Tourist Attraction:</h2><ol><li>Long-Term Popularity:&nbsp;Before investing in a property near a tourist attraction, consider whether the attraction is likely to remain popular in the long term. Research the area and talk to locals to understand the attraction's popularity and longevity.</li><li>Noise and Crowds: Living near a tourist attraction can be exciting, but it can also be noisy and crowded. Consider whether you're comfortable with the noise and crowds of living near a busy tourist area.</li><li>Safety and Desirability: Ensure the property is in a safe and desirable neighborhood. This can help attract renters and buyers and ensure your investment remains valuable.</li><li>Accessibility:&nbsp;Consider whether the property is easily accessible to tourists. Properties close to transportation and popular amenities may be more attractive to renters and buyers.</li></ol><h2>Conclusion</h2>Investing in a property near a tourist attraction can be an intelligent decision, providing numerous benefits that can result in significant returns on investment. From the steady stream of visitors to the high rental income potential and potential for appreciation, this type of investment offers a unique opportunity to build wealth through real estate. So why not consider investing in a property near a popular tourist attraction and take advantage of all its benefits?<h2>FAQs:</h2><h2>What are the advantages of owning a property near a tourist attraction?</h2>Owning a property near a tourist attraction can provide several advantages, including increased rental income, property value appreciation, and a vibrant local community. Tourist areas are often in high demand, which can help increase rental rates and property value.<h2>Are there any downsides to owning property near a tourist attraction?</h2>While owning a property near a tourist attraction can be a smart investment, there are also potential downsides. These include noise and crowds, increased traffic, and possible regulation and zoning challenges.<h2>How do I research the long-term popularity of a tourist attraction before investing in a property?</h2>To research the long-term popularity of a tourist attraction, you can look at historical visitation data and trends, speak with locals and business owners in the area, and research any planned developments or changes to the attraction.<h2>Should I consider hiring a property manager for my property near a tourist attraction?</h2>Hiring a property manager can be a good idea for properties near tourist attractions, as they can handle the property's day-to-day operations, such as advertising and renting the property, cleaning and maintenance, and dealing with any issues that arise with renters or the property.&nbsp;<h2>How can I ensure that my property remains attractive to renters and buyers?</h2>To ensure that your property remains attractive to renters and buyers, it's essential to keep it well-maintained, stay up-to-date with local regulations and zoning laws, and consider the unique needs and desires of renters and buyers in tourist areas. This may include amenities like proximity to transportation, access to popular attractions, and a vibrant local community. &nbsp; &nbsp;

Explore why buying a property near a popular tourist attraction can be a wise investment decision. Discover the potential benefits and how to make the most of your investment.

large_pexels-vitalina-12587256.jpg

medium_pexels-vitalina-12587256.jpg

small_pexels-vitalina-12587256.jpg

thumbnail_pexels-vitalina-12587256.jpg

pexels-vitalina-12587256.jpg

Why Buying a Property Near a Tourist Attraction Could Pay Off Big Time

<h1 style="margin-left:0px;">What Are 3D Terrain Maps?</h1>&nbsp;Purchasing property is an exciting yet challenging process. As a buyer, you want to deeply understand the land, surroundings, and any factors that may impact your enjoyment or use of the space. But 2D site plans and photos only reveal so much, leaving you guessing about critical details. This is where 3D interactive terrain maps can transform the home or land buying experience.3D terrain maps take advantage of aerial imagery, elevation data, and technology to produce dynamic, 360-degree 3D views of the property and local geography. Instead of relying on flat maps and static photos, you can digitally explore the property and environs from all angles. Adjustable layers give you insights into contours, elevation changes, drainage, flood zones, noise sources and more.<h2 style="margin-left:0px;">The Limitations of Traditional Property Search Methods</h2>Typically, buyers rely on property descriptions, a few photos, and in-person visits to evaluate a property. However, this approach has many downsides:<ul><li>2D maps don't show elevation, slope, drainage - crucial for assessing land use</li><li>Surroundings are difficult to evaluate from limited angles</li><li>Critical risks like flooding, erosion, zoning restrictions can be overlooked</li><li>Buyers can't fully envision layouts or customization potential</li></ul><span style="background-color:rgb(255,255,255);color:rgb(28,25,23);font-family:-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, sans-serif;">Ultimately, traditional property search relies heavily on assumptions, guesses, and luck. Lack of complete information leads buyers towards purchases that ultimately dissatisfy and fail to live up to their full potential. There must be a better way to conduct due diligence on such a major investment.<blockquote><a href="https://www.blog.crib.my/posts/should-you-buy-a-south-facing-house-examining-the-scientific-vastu-and-feng-shui-views"><span style="background-color:#FFFFFF;color:hsl(0,75%,60%);font-family:-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, sans-serif;">Should You Buy a South-Facing House?</a></blockquote><h2 style="margin-left:0px;">How 3D Terrain Maps Revolutionize the Property Buying Experience</h2>3D terrain maps harness aerial imagery, elevation data points, and simulation technology to produce strikingly detailed, interactive 3D environments of the property and surrounding region. Instead of flat maps and static photos, buyers can digitally walk, fly, zoom, and orbit around the property to gain a comprehensive understanding before purchase.<figure class="image"><a href="crib.my/buy"><img src="https://storage.googleapis.com/crib-blog/image_29012fd4ec/image_29012fd4ec.png"></a><figcaption>Press CTRL + arrow @ crib.my/buy</figcaption></figure><h2 style="margin-left:0px;">The 4 Key Benefits 3D Terrain Maps Unlock for Buyers:</h2><ul><li>Assess the Lay of the Land</li></ul>Analyze topography, slope orientation, sun exposure patterns, drainage, and land shape from endless vantage points. Identify issues like seasonal wetness, runoff risks, and erosion early.&nbsp;<span style="background-color:rgb(255,255,255);color:rgb(28,25,23);font-family:-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, sans-serif;"> Areas where water accumulates indicate soggy spots. The detailed topographical data in a 3D map reveals the slope gradient across the land. Steeper slopes are more prone to heavy runoff after rains and prone to erosion, especially if the soil lacks adequate ground cover. By predicting water flow and drainage patterns a buyer can use these tools to simulate how heavy rains will flow across the property.&nbsp;<ul><li>Evaluate Boundaries, Access and Infrastructure</li></ul>Clearly visualize property lines, total acreage, adjacent roads, legal easements, utility lines and other infrastructure impacting the site. Avoid unpleasant surprises post-closing.<ul><li>Identify Risks and Usage Restrictions</li></ul>Pinpoint red flags like steep slopes, protected habitats, flood zones, noise sources and zoning rules on intended property uses. Make informed offers. <span style="background-color:rgb(255,255,255);color:rgb(28,25,23);font-family:-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, sans-serif;">By proactively identifying these red flags on 3D terrain maps early on, buyers can investigate each issue in-depth and prepare accordingly. Avoiding these surprises down the road provides peace of mind.<ul><li>Optimize Views, Sunlight and Privacy</li></ul>Study sightlines, sunlight availability at different times of day/year, and potential noise or visibility from neighbors. Evaluate potential for your privacy, solar energy, or garden needs.<blockquote>Read about <a href="https://www.blog.crib.my/posts/benefits-and-limitations-of-GIS-mapping-real-estate">The Benefits and Limitations of GIS Mapping for Real Estate Valuation</a></blockquote>While flat maps and photos provide a basic overview, 3D terrain mapping empowers buyers to conduct detailed due diligence before purchase. <span style="background-color:rgb(255,255,255);color:rgb(28,25,23);font-family:-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen, Ubuntu, Cantarell, &quot;Fira Sans&quot;, &quot;Droid Sans&quot;, &quot;Helvetica Neue&quot;, sans-serif;">For example, buyers might modify offers if high-risk zones limit buildable areas or require expensive mitigation. Taking steps to stabilize vulnerable soils, improve drainage and re-vegetate cleared areas helps prevent erosional damage and protects the value of the investment. Don’t leave things to assumptions and chance – leverage 3D technology to evaluate properties smarter.

This definitive guide explores how real estate buyers can utilize 3D mapping technology to conduct comprehensive due diligence on properties, avoiding surprises post-purchase. Unlock the full potential of any property by leveraging 3D terrain mapping.

lapisan peta 3D seperti topografi, imej satelit dan sempadan harta on/off. Memperbesar butiran, mengukur jarak, mengambil lawatan maya di atas harta. 

medium_3d-abstract-isometric-landscape-design-gradient-background (1).jpg

small_3d-abstract-isometric-landscape-design-gradient-background (1).jpg

thumbnail_3d-abstract-isometric-landscape-design-gradient-background (1).jpg

3d-abstract-isometric-landscape-design-gradient-background (1).jpg

How 3D Terrain Maps Can Help You Find the Perfect Property

thumbnail_AvatarMaker (2).png

AvatarMaker (2).png

With its idyllic beaches, lush jungles, and dynamic cities, Malaysia has long been a favorite destination for travelers and expats looking for adventure, cuisine, and cultural immersion. Now the country is positioning itself as one of the top choices for digital nomads seeking an affordable, comfortable, and connected hub in Southeast Asia.In 2022, the <a href="https://mdec.my/derantau">Malaysia Digital Economy Corporation (MDEC)</a>, a government agency driving digitalization, launched an initiative called <a href="https://mdec.my/derantau">DE Rantau</a> aimed at attracting location independent workers. The program provides exclusive benefits that make staying in Malaysia easy and enjoyable for remote workers.<h2 style="margin-left:0px;">DE Rantau: Built for Digital Nomads</h2>DE Rantau offers inbound nomads a Professional Visit Pass that provides crucial advantages over a regular tourist visa. The Professional Visit Pass allows digital nomads to stay in Malaysia from 3 up to 12 months, with the ability to renew for an additional 12 months. It also allows nomads to bring their spouse and dependent children.This long term pass eliminates the limitations of a tourist visa, giving remote workers the freedom to settle in and focus on what matters most - their work and lifestyles.Some highlights of the DE Rantau Professional Visit Pass:<ul><li>Stay in Malaysia for up to 24 consecutive months.</li><li>No need to exit the country with each visa renewal.</li><li>Spouses can obtain a complimentary accompanying pass.</li><li>Dependent children allowed.</li><li>Access to co-working spaces and innovation labs.</li></ul>The launch of this program solidifies Malaysia’s commitment to attract digital nomads and cement its status as a burgeoning hub for location independent workers.<h1 style="margin-left:0px;">Why Choose Malaysia?</h1>So what makes Malaysia such an ideal destination for digital nomads beyond the DE Rantau incentives? Here are some of the country’s top advantages:<h2 style="margin-left:0px;">Low Cost of Living</h2>The affordable cost of living in Malaysia allows digital nomads to stretch their income further. Everything from housing to food and entertainment costs significantly less compared to North America or Europe. Upscale condos in Kuala Lumpur average just $800-1200 per month. Hawker fare and restaurant meals can cost as little as $2-5. Frugal travelers can find dorm beds for $10 a night. The <a href="https://www.numbeo.com/cost-of-living/country_result.jsp?country=Malaysia">low prices</a> let remote workers maintain a high quality of life.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_247eea3f16/image_247eea3f16.png"><figcaption>Source : <a href="https://wise.com/us/blog/cost-of-living-in-malaysia#malaysia-cost-of-living-compared-to-the-us">Wise</a></figcaption></figure><h2 style="margin-left:0px;">Modern Conveniences</h2>Malaysia’s major cities boast all the conveniences of the modern world. Reliable WiFi with average speeds up to 25 Mbps makes getting work done a breeze. International grocery stores stock all the favorite comfort brands expats crave. Modern malls house cinemas, stores and restaurants. Co-working spaces provide professional work environments. The infrastructure supports a “work from anywhere” lifestyle.&nbsp;<h2 style="margin-left:0px;">Multiculturalism</h2>A huge draw is Malaysia’s cultural diversity. The population includes Malay, Chinese, Indian, Peranakan, Iban, Kadazan, Eurasian communities and more. This rich mix means you can explore festivals like Deepavali and Chinese New Year or sample Malaysian-Chinese delicacies like bak kut teh. Discovering the traditions and beliefs of various groups is an eye-opening experience.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_7132628547/image_7132628547.png"></figure><h2 style="margin-left:0px;">Natural Wonders</h2>Malaysia’s magnificent landscapes provide the perfect backdrop for weekend getaways. Instagram-worthy beaches stretch down the coasts, including island favorites like Langkawi and Redang. Iconic landmarks such as the Petronas Twin Towers and Mount Kinabalu mesmerize visitors. Lush rainforests like Taman Negara and Endau Rompin National Parks beg to be explored. The nature urges you to stay active.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_5cc8fd29e9/image_5cc8fd29e9.png"></figure><h2 style="margin-left:0px;">Strategic Location</h2>Malaysia’s central location makes it easy to travel around Southeast Asia during your remote work stint. Weekend jaunts to Thailand, Indonesia, Vietnam, Singapore, Cambodia and the Philippines are just short flights away. The proximity allows you to experience the diversity of Asia while based in one place.<h2 style="margin-left:0px;">Vibrant Food Scene</h2>Any foodie will relish Malaysia’s dynamic culinary landscape. Hawker stalls dish up Chinese stir-fries, Indian curries, Malay satays with equal aplomb. Hip cafes sling craft coffee and fusion fare. KL houses Michelin-starred restaurants like Dewakan dishing refined Malay cuisine. Whether you crave street eats or fine dining, Malaysia delivers.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_f33146e044/image_f33146e044.png"></figure><h2 style="margin-left:0px;">Connectivity</h2>Solid digital infrastructure ensures constant connectivity across Malaysia. 5G mobile networks are rolling out rapidly. In 2019, Malaysia launched the first satellite operated by a private company, to provide internet to remote areas. The country is serious about boosting digital connectivity to support location-independent work.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_a48eb9d6b0/image_a48eb9d6b0.png"><figcaption>Source : <a href="https://www.ookla.com/articles/internet-performance-malaysia-q3-q4-2019#:~:text=Malaysia's%20fixed%20broadband%20ranks%20third%20in%20Southeast%20Asia&amp;text=Malaysia%20ranked%20third%20for%20download,slower%20than%20that%20of%20Singapore.">Ookla.com</a></figcaption></figure><h2 style="margin-left:0px;">Where to Stay in Malaysia</h2>Kuala LumpurFor many nomads Kuala Lumpur (KL) will be the natural first stop, as Malaysia’s capital and travel hub. The flashy Petronas Towers anchor a fast-paced, modern downtown with international malls and an elaborate metro system. Co-working spaces like <a href="https://www.komunecowork.com/">Komune Co-working</a> and <a href="https://worq.space/">WORQ</a> host startup communities. Eateries range from street-side satay to plush restaurants dishing masterful cuisine. Parks like KLCC Park and KL Forest Eco Park provide urban escapes. Kuala Lumpur decodes Malaysia’s complex cultural identity.PenangPenang lures with its UNESCO-listed capital George Town, a living museum of British colonial architecture and ornate Chinese clan houses. Wander the colorful street art and soak up Hokkien culture in the compact center. Hike Penang Hill for city views, or escape to beaches like Batu Ferringhi. Street food like char kuay teow, laksa and asam laksa seduces your tastebuds. Boutique hotels and co-living spaces like The Campbell House meet digital nomads’ needs. They are also co-working spaces in Penang such as <a href="https://www.commonground.work/my-en/locations/penang/">Common Ground</a> and <a href="https://www.coworker.com/malaysia/george-town/settlements">Settlements Penang</a>Johor BahruJohor Bahru (JB) appeals with its proximity to Singapore – just cross the Causeway bridge to visit the Lion City. JB has its own attractions like Legoland Malaysia, bustling food streets, and lush nature escapes. As Malaysia’s southernmost major city, JB provides a more laidback, affordable alternative to Singapore. Co-working space in JB such as <a href="https://www.infinity8.com.my/">INFINITY8</a> offers flexible office spaces according to your needs.LangkawiFor a tropical island life, head to Langkawi. White sand beaches, jungle-shrouded hills, and nearby islands like Pulau Payar Marine Park compose this archipelago. Accommodation includes beach cabins or luxury resorts. Dining options feature seafood, Thai flavors, and international cuisines. The island’s tax-free status makes booze cheap too! Adventurers can also zip across the <a href="https://panoramalangkawi.com/skybridge/">Langkawi Sky Bridge</a> or join mangrove eco-tours.MelakaTransport yourself to Malaysia’s past in atmospheric Melaka, established in the 15th century. This history permeates UNESCO World Heritage zones like Dutch Square, Chinatown and the Portuguese Settlement. The Baba Nyonya Heritage Museum spotlights the unique Peranakan culture. Stay in heritage buildings converted into hotels, or hang by the Melaka River dotted with pastel-hued cafes. A thoroughly cross-cultural experience.<h2 style="margin-left:0px;">Digital Nomad Hotspots in Malaysia</h2>Within Malaysia’s cities and towns, you’ll find districts tailor-made for digital nomads’ needs:<ul><li>Bukit Bintang (Kuala Lumpur) – Tree-lined streets filled with malls, co-working spaces, boutique hotels and trendy cafes.</li><li>Bangsar (Kuala Lumpur) – Affluent neighborhood with indie shops/restaurants. Great for escapists.</li><li>Damansara Heights (Kuala Lumpur) – Residential area near parks, with co-working spaces and F&amp;B.</li><li>Tanjung Bungah (Penang) – Coastal suburb with co-living options. Offers easy beach/city access.</li><li>Batu Ferringhi (Penang) – Penang’s liveliest beach stretch. Hostels, bars, water sports.</li><li>George Town (Penang) – UNESCO zone with street art, hipster cafes, heritage hotels.</li><li>Iskandar Puteri (Johor) – Johor’s administrative capital with modern high-rises. Close to Singapore.</li><li>Pantai Cenang (Langkawi) – Langkawi’s popular beach strip. Bustling with dining/nightlife options.</li><li>Jonker Street (Melaka) – Melaka’s top tourist zone with bars, shops, heritage buildings.</li></ul><h2 style="margin-left:0px;">Nomadic Gatherings</h2>Malaysia now hosts several events where digital nomads can meet, network and share knowledge:<ul><li>Meetups – Multiple nomad groups on <a href="https://www.meetup.com/find/?location=my--Kuala%20Lumpur&amp;source=EVENTS">Meetup.com</a> organize regular events and meetups in KL, Penang and other cities.</li><li>Co-working Events – Spaces like Common Ground and Co+ hold community events, talks and workshops.</li></ul>Through these nomadic gatherings, Malaysia keeps enhancing its reputation as a prime destination for today’s location independent workforce. Other than digital nomads, there are a lot of local gatherings that might b interesting to you.&nbsp;<h2 style="margin-left:0px;">Launching into Malaysia’s Digital Future</h2>With exciting initiatives like DE Rantau, Malaysia has signaled its commitment to tap into the exponential growth of digital nomadism. The country is optimizing its unique blend of urban experiences and natural wonders to provide the lifestyle digital workers seek.Affordability, modern amenities, cultural diversity and natural beauty combine to make Malaysia a hard-to-beat destination. Foodies, adventurers, island lovers and big city fans will all discover rewarding experiences during a long-term stay as they build online businesses or freelance careers.As digital nomadism continues revolutionizing work culture and travel norms post-pandemic, Malaysia promises to be at the epicenter of Asia’s thriving nomadic community. There has never been a better time for remote workers to live and create from this vibrant country.

Malaysia rolls out incentives like the DE Rantau pass to attract digital nomads. With low costs, modern cities, cultural diversity, travel access, and natural scenery, Malaysia is becoming a top hub for remote workers in Southeast Asia.

large_Working from anywhere

medium_Working from anywhere

small_Working from anywhere

thumbnail_Working from anywhere

Working from anywhere

Why Malaysia is Becoming a Hotspot for Digital Nomadism

thumbnail_AvatarMaker (8).png

AvatarMaker (8).png

When it comes to property investments in the SEA region, understanding the capital gains tax structure is crucial. This tax directly impacts the return on investment and can significantly vary across countries. Here's a comprehensive breakdown of capital gains taxes in SEA nations:<h2 style="margin-left:0px;">1. Thailand</h2><ul><li>Personal Property: The sale of leasehold, freehold property, or company shares by individuals leads to capital gains, which fall under personal income tax. The tax rate is progressive, ranging from <a href="https://www.real-samui-properties.com/taxes-government-fees-property-koh-samui">10% to a substantial 35%</a>.</li><li>Corporate Property: For Thai entities, the corporation tax comes into play. For companies with a paid-up capital of up to 5 million baht, the tax rates are between 15% and 20%.</li><li>Rental Income: The source of the rental income, whether from a personal or company bank account, dictates whether it's subject to personal or corporate income tax.</li></ul><h2 style="margin-left:0px;">2. Malaysia</h2><ul><li>Residents: Real Property Gains Tax (RPGT) is tiered based on how long a property is held before selling:<ul><li><a href="https://www.blog.crib.my/posts/real-property-gain-tax">0-3 years: 30%</a></li><li>3-4 years: 20%</li><li>4-5 years: 15%</li><li>Beyond 5 years: 0%</li></ul></li><li>Foreigners: Foreign property owners face a steep 30% tax if they sell within the first five years, but this drops to 10% afterward.</li><li>Companies: The RPGT structure is similar to residents, but with a notable 10% tax for properties sold after 5 years.</li></ul><h2 style="margin-left:0px;">3. Singapore</h2><ul><li>Stamp Duties: On top of the standard Buyer’s Stamp Duty (BSD) which reaches up to 6% for residential properties, there's an Additional Buyer's Stamp Duty (ABSD) and a<a href="https://www.propertyguru.com.sg/property-guides/seller-stamp-duty-guide-12621"> Seller's Stamp Duty (SSD)</a> introduced as cooling measures for the residential property market.</li><li>Leases: The tax is 0.4% of the total rent, with specific calculations for long-term leases.</li><li>Seller’s Stamp Duty (SSD): This tax acts as a deterrent for property flipping and varies based on how long the property is held before selling.</li></ul><h2 style="margin-left:0px;">4. Indonesia</h2><ul><li>Listed Shares: These face a minimal tax of <a href="https://www.3ecpa.co.id/resources/indonesia-taxation/capital-gains-tax-in-indonesia/">0.1%</a> of the transaction value.</li><li>Land or Buildings: A 2.5% tax is levied on the transaction value.</li><li>Foreign Sales: Foreigners selling Indonesian assets are taxed at 5% of the gross proceeds unless an existing tax treaty offers a reduced rate.</li></ul><h2 style="margin-left:0px;">5. Philippines</h2><ul><li>A capital gains tax of <a href="https://filipiknow.net/capital-gains-tax/">6% is applied</a>, calculated on the higher of two values: the gross selling price or the current fair market value. This straightforward approach makes it easier for potential investors to estimate tax implications.</li></ul><h2 style="margin-left:0px;">6. Vietnam</h2><ul><li>Tax Residents:<ul><li>Corporate entities face a <a href="https://vietnam.acclime.com/downloads/guides/Vietnam-Guide-capital-gains-2021.pdf">20% tax</a> on capital or securities gains.</li><li>Individuals have varied rates based on the type of security they're selling.</li></ul></li><li>Non-tax Residents: Both individual and corporate foreign entities generally face a tax of 0.1% of the proceeds.</li></ul><h2 style="margin-left:0px;">7. Myanmar</h2><ul><li>A standard capital gains tax rate of <a href="https://www.charltonsmyanmar.com/tax-in-myanmar/">10% applies</a> for both residents and non-residents, but this is only if the value of the disposed capital assets goes beyond MMK 10 million.</li></ul><h2 style="margin-left:0px;">8. Brunei</h2><ul><li>The cukai tanah, or real estate tax, is based on the annual rental value of the property. Residential properties have a tax rate between <a href="https://www.realestatehum.com/brunei/real-estate-tax">4% and 10%</a> of this value, while commercial properties see a heftier 6% to 16% range.</li></ul><h2 style="margin-left:0px;">9. Laos</h2><ul><li>Share sales are taxed at 2%, with an exemption for shares listed in the LSX. Real estate sales, on the other hand, see a tax of <a href="https://taxsummaries.pwc.com/lao-pdr/corporate/income-determination">1% for agricultural lands and 2% for other categories</a>.</li></ul><h2 style="margin-left:0px;">Key Takeaways</h2><ul><li>Most Progressive Tax System: Thailand's personal property tax system is notably progressive, with potential rates reaching up to 35%.</li><li>Corporate Tax Peaks: Both Vietnam and Myanmar stand out with their 20% corporate capital gains taxes.</li><li>Friendliest Tax Systems: For share sales, both Laos and Indonesia offer competitive low rates, making them attractive for certain investors.</li><li>Complexity Champion: Singapore's multifaceted tax system with its multiple stamp duties requires investors to be particularly diligent and informed.</li></ul>Overall, while some countries in SEA offer favorable tax conditions for investors, others have structures that can significantly eat into potential profits. Being well-informed about these nuances is essential for anyone considering property investments in the region.

An in-depth analysis of capital gains taxes across Southeast Asia. Compare tax structures from Thailand to Laos to make informed investment decisions.

large_Capital-Gain-Tax (1).webp

medium_Capital-Gain-Tax (1).webp

small_Capital-Gain-Tax (1).webp

thumbnail_Capital-Gain-Tax (1).webp

Capital-Gain-Tax

Comparative Analysis of Capital Gains Taxes in Southeast Asia (SEA)

The following report provides an analysis of the train ridership activity from 2021 to July 2023. We also discuss the potential implications of these trends on urban life, work patterns, and residential property.<h2 style="margin-left:0px;">Year-on-Year Ridership Comparison</h2><figure class="image"><img src="https://storage.googleapis.com/crib-blog/The_end_of_MCO_3_0_1_2_480c1dcb13/The_end_of_MCO_3_0_1_2_480c1dcb13.webp" alt="The-end-of-MCO-3.0-1 (2).webp" srcset="https://storage.googleapis.com/crib-blog/thumbnail_The_end_of_MCO_3_0_1_2_480c1dcb13/thumbnail_The_end_of_MCO_3_0_1_2_480c1dcb13.webp 201w,https://storage.googleapis.com/crib-blog/small_The_end_of_MCO_3_0_1_2_480c1dcb13/small_The_end_of_MCO_3_0_1_2_480c1dcb13.webp 500w,https://storage.googleapis.com/crib-blog/medium_The_end_of_MCO_3_0_1_2_480c1dcb13/medium_The_end_of_MCO_3_0_1_2_480c1dcb13.webp 750w,https://storage.googleapis.com/crib-blog/large_The_end_of_MCO_3_0_1_2_480c1dcb13/large_The_end_of_MCO_3_0_1_2_480c1dcb13.webp 1000w," sizes="100vw"><figcaption>Ridership Prasaran RapidKL 2021-2023 (Source: <a href="https://myrapid.com.my/bus-train/ridership/">MyRapid</a>)</figcaption></figure><h3>2021 vs 2022</h3>&nbsp;<figure class="table" style="width:200px;"><table style="background-color:rgb(68, 70, 84);border:0px solid inherit;"><thead><tr><th style="background-color:hsl(30, 75%, 60%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:1px;padding:0.25rem 0.75rem;vertical-align:bottom;width:2px;">Line</th><th style="background-color:hsl(30, 75%, 60%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:1px;padding:0.25rem 0.75rem;vertical-align:bottom;">2021 Ridership</th><th style="background-color:hsl(30, 75%, 60%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:1px;padding:0.25rem 0.75rem;vertical-align:bottom;width:1px;">2022 Ridership</th><th style="background-color:hsl(30, 75%, 60%);border:1px solid hsl(0, 0%, 60%);padding:0.25rem 0.75rem;vertical-align:bottom;">Percentage Change</th></tr></thead><tbody><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Kelana Jaya</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">25,123,614</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">55,015,765</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+119%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">KL Monorail</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">4,226,329</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">10,668,069</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;width:1px;">+152%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Ampang</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;width:1px;">21,938,973</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">44,151,332</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+101%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Kajang (MRT)</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">19,573,010</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">45,348,209</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+132%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Putrajaya (MRT)</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">-</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">4,147,577</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:hsl(0, 0%, 60%);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">-</td></tr></tbody></table><figcaption>(Source: <a href="https://myrapid.com.my/bus-train/ridership/">MyRapid</a>)</figcaption></figure><h3>2022 vs 2023 (till July)</h3>Assuming 7 months for 2023 figures to annualize:<figure class="table" style="width:200px;"><table style="background-color:rgb(68, 70, 84);border:0px solid inherit;"><thead><tr><th style="background-color:hsl(30, 75%, 60%);border-color:rgb(217, 217, 227);border-style:solid;padding:0.25rem 0.75rem;vertical-align:bottom;width:1px;">Line</th><th style="background-color:hsl(30, 75%, 60%);border-color:rgb(217, 217, 227);border-style:solid;padding:0.25rem 0.75rem;vertical-align:bottom;width:1px;">2022 Ridership (7/12)</th><th style="background-color:hsl(30, 75%, 60%);border-color:rgb(217, 217, 227);border-style:solid;padding:0.25rem 0.75rem;vertical-align:bottom;width:1px;">2023 Ridership</th><th style="background-color:hsl(30, 75%, 60%);border:1px solid rgb(217, 217, 227);padding:0.25rem 0.75rem;vertical-align:bottom;width:1px;">Percentage Change</th></tr></thead><tbody><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Kelana Jaya</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">32,133,576</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">40,942,799</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+27%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">KL Monorail</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">6,222,707</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">9,878,030</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+59%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Ampang</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">25,754,777</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">28,059,758</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+9%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Kajang (MRT)</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">26,450,122</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">35,860,535</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+36%</td></tr><tr><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">Putrajaya (MRT)</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">2,419,506</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:0px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">13,223,822</td><td style="background-color:hsl(0, 0%, 100%);border-bottom-width:1px;border-color:rgb(217, 217, 227);border-left-width:1px;border-right-width:1px;border-style:solid;border-top-width:0px;padding:0.25rem 0.75rem;">+446%</td></tr></tbody></table><figcaption>(Source: <a href="https://myrapid.com.my/bus-train/ridership/">MyRapid</a>)</figcaption></figure><h2 style="margin-left:0px;">Key Observations</h2>Post-MCO Surge: The Movement Control Order (MCO) 3.0 ended on 28th June 2021. Post that, there was a significant surge in ridership across all lines in 2022, suggesting people returned to workspaces and resumed normal commuting habits.Introduction of the Putrajaya Line: The Putrajaya MRT line began its operations in two phases - Phase one in June 2022 and Phase two in March 2023. Its ridership saw a massive increase of 446% in 2023 (till July), indicating the rapid adoption and popularity of this new line. The introduction and expansion of new transit lines, such as the MRT Putrajaya, mean that more areas of the city become accessible to residents. This not only benefits those living in newly connected areas but also decongests existing transit lines and spreads ridership more evenly. Furthermore, network expansion can potentially open up new residential and commercial areas, leading to urban growth and development.Increasing Trend of Kajang MRT Line: The Kajang MRT line saw a consistent increase in ridership, reflecting its importance as a key transit line.Travel Costs: The economics of travel have a direct impact on the choices commuters make. With the increasing costs associated with driving, such as fuel prices, maintenance, and parking fees, many might find public transit a more affordable option. The introduction of schemes like the My50 travel pass further incentivizes the use of public transportation. Offering 30 days of unlimited rides across multiple modes of transportation, such initiatives make it economically attractive for daily commuters to opt for public transit over personal vehicles. Cultural Shifts: The global narrative around sustainability and environmental consciousness is causing a shift in how people perceive and use public transportation. As concerns about carbon footprints and environmental degradation grow, many are making conscious choices to opt for more sustainable modes of transport. Trains, being a mass transit system, are viewed as a more eco-friendly alternative to individual car travel. Additionally, there is a growing preference among the younger generation for urban lifestyles that are walkable and transit-connected. This shift in cultural values is likely to further boost train ridership in the coming years.<h2 style="margin-left:0px;">Implications and Analysis</h2>Back to Office Trend: The consistent year-on-year increase in ridership, especially post MCO, indicates a strong trend of people returning to office spaces. This might be attributed to organizations reverting to traditional work models or a hybrid approach, post the pandemic.Impact on Residential Property:<ul><li>Proximity to Stations: With an increased dependence on public transportation, properties closer to train stations might see an increase in demand and potentially higher prices.</li><li>Urbanization: The significant increase in train ridership could also suggest an increasing urban population. This could lead to a demand for more residential properties in urban areas.</li><li>Rental Market: As people return to work, there might be a surge in demand for rental properties near business hubs and train stations.</li></ul>&nbsp;Economic Indicators: The decline in <a href="https://open.dosm.gov.my/labour-market">the unemployment rate from 4.9% in January 2021 to 3.4% in June 2023</a>, coupled with an increase in the employment-to-population ratio, indicates a recovering and robust economy. The rise in train ridership can be seen as a direct result of this positive economic trajectory, as more people have jobs to commute to.<figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_8e8dea8460/image_8e8dea8460.png"><figcaption>Malaysia Unemployment Rate Aug 2021 - Jul 2023 (<a href="https://open.dosm.gov.my/labour-market">Source: DOSM</a>)</figcaption></figure><h2 style="margin-left:0px;">Conclusion</h2>The train ridership data from 2021 to 2023 paints a picture of recovery and growth post the Movement Control Order. The increased reliance on public transportation, especially trains, has multiple implications for the urban lifestyle, work culture, and the residential property market. &nbsp;The strategic expansion of transit networks, the rising costs of personal vehicle usage, the tangible benefits of avoiding road congestion, and evolving cultural values all contribute to the increasing reliance on trains. As cities continue to grow and evolve, these trends offer valuable insights for urban planners, policymakers, and businesses. The future of urban commuting seems to be steering towards efficient, sustainable, and interconnected transit systems. As the economy continues to grow and urbanize, it's imperative for city planners and businesses to strategize keeping these trends in mind.

Analysis of 2021-2023 train ridership and its ties to economic indicators. See how urban commuting patterns influence and reflect economic health.

small_transport-concept-with-train (1).webp

thumbnail_transport-concept-with-train (1).webp

transport-concept-with-train (1).webp

Economic Indicators and Train Ridership: A Closer Look

The meteoric rise of the so-called nepo-homebuyers in the U.S., individuals who resort to family financial support to secure their first homes, provides a vivid snapshot of the challenges facing aspiring homeowners worldwide. <a href="https://www.redfin.com/news/nepo-homebuyers-under-30s-received-family-money/?utm_source=facebook&amp;utm_medium=earnedsocial&amp;utm_campaign=1029868&amp;fbclid=IwAR3NpNZv_fj60W8LWrDgStSg8LdU2sKIPL8GL20JnminbdVrM4uZi-GSTpY">Redfin’s Spring 2023</a> survey brings this issue to the fore, revealing that a staggering 38% of U.S. homebuyers below 30 years lean heavily on family gifts or inheritances. This statistic indicates not only the difficulties facing young potential homeowners but also the growing reliance on intergenerational financial support for securing homeownership. As we delve deeper into this trend, we must consider whether the U.S., often seen as a bellwether for global economic trends, offers a cautionary tale for the rest of the world.<h2>Generational Advantages in Homeownership: A Universal Concern?</h2>Historically, senior Americans have consistently outpaced the younger demographic in homeownership. This is not isolated to the U.S. Similar patterns are evident across the globe, from <a href="https://www.straitstimes.com/business/more-uk-homebuyers-turning-to-siblings-instead-of-parents-for-mortgage-deposits">European</a> countries to parts of Asia. The crux, however, lies in the growing necessity of young U.S. buyers to seek familial aid. With 23% relying on cash gifts and another 21% on inheritance, the scenario is a grim indicator that might be mirrored in other nations in the near future.<h2>The Disappearing Dream of Starter Homes: A Global Crisis in the Making?</h2>A particularly alarming revelation from the article is the ever-increasing unaffordability of starter homes. The U.S. witnessed a sharp 13% rise in required income to purchase a starter home in just a year. This might sound like a U.S.-specific problem, but with global urbanization and increasing real estate prices in major cities worldwide, this could be an impending global crisis. Without family help, homeownership becomes a distant dream for many, and not just in America. High-opportunity Neighborhoods: The study makes a compelling connection between home affordability and high-opportunity neighborhoods. With the <a href="https://www.nasdaq.com/articles/housing-market-2023:-how-nepo-homebuying-is-helping-gen-z-and-millennials-build-wealth">number of affordable homes </a>in these neighborhoods plummeting from 37% in 2013 to a mere 13% in 2022, the implications for families aiming to capitalize on the advantages of these areas are dire.<h2>Shadows of the Past: Discrimination Beyond Borders</h2>While the U.S. has its historical baggage, such as the discriminatory practices predating the Fair Housing Act of 1968, it is not alone. Other countries have had their own forms of housing discrimination based on various socio-economic factors. The shared narrative of racial obstacles encountered by the writer’s parents in the 1980s, despite legislation, resonates universally. Many nations grapple with their own legacy issues, which contribute to housing disparities.<h2>Equalizing Homeownership: A Global Mission</h2>Using the US as a case study, the phenomenon of nepo-homebuying has profound implications for housing markets globally. As with many market trends in the US, there’s potential for this to be mirrored or adapted in different international contexts. The intensified competition, compounded by nepo-homebuying, could exacerbate affordability issues worldwide, especially in metropolitan areas where property demand already outstrips supply.The U.S. suggestions of down payment and rental assistance, as well as zoning law reforms, could potentially serve as templates for other countries. However, the core takeaway is that as the U.S. grapples with soaring property prices and increased reliance on familial aid, the vision of homeownership, universally heralded as a symbol of success and stability, risks becoming an inherited privilege.<h2>Conclusion</h2>The rise of nepo-homebuyers is a multifaceted issue that touches upon economic disparities, historical injustices, and market dynamics. While it's essential to support those without intergenerational financial backing, a multifaceted approach is crucial, combining down-payment assistance, rental aid, and zoning law reforms.&nbsp;This introspective examination of U.S. homeownership trends and challenges raises broader concerns. If the U.S. serves as a proxy for global patterns, the global community must remain vigilant. It's crucial to address these disparities proactively, not just to preserve the housing market's health but to ensure that homeownership remains an achievable aspiration rather than an inherited luxury. The U.S. narrative offers insights that can guide nations globally in charting a more inclusive housing future.

Explore the rise of nepo-homebuyers, how family wealth influences the US housing market, and its implications for wealth inequality and potential solutions.

portrait-beautiful-young-asian-woman-using-laptop-smart-mobile-cell-phone-shopping-online

medium_portrait-beautiful-young-asian-woman-using-laptop-smart-mobile-cell-phone-shopping-online

small_portrait-beautiful-young-asian-woman-using-laptop-smart-mobile-cell-phone-shopping-online

thumbnail_portrait-beautiful-young-asian-woman-using-laptop-smart-mobile-cell-phone-shopping-online

The Nepo-Homebuyer Phenomenon and Intergenerational Wealth Inequality – A U.S. Proxy for Global Trends?

small_5556499.png

thumbnail_5556499.png

5556499.png

&nbsp;In the bustling age of information, there's one pursuit that seems to universally captivate us - the quest for longevity. We find ourselves inundated with health fads, diet trends, and exercise routines that promise us more years. Netflix, ever the connoisseur of engaging content, has unveiled its latest masterpiece, "Live to 100: The Secrets of Blue Zones." This documentary dives deep into the realms of the world's most unique regions, where age is just a number, and centenarians lead active, fulfilling lives.** featured image from <a href="https://www.bluezonenutrition.co.uk/">https://www.bluezonenutrition.co.uk/</a><figure class="image"><img src="https://storage.googleapis.com/crib-blog/imdb_fdf7b88aba/imdb_fdf7b88aba.png"></figure>Image from imdb.com<h2 style="margin-left:0px;">Uneart<img>hing the Blue Zones</h2>The term 'Blue Zones' was coined by journalist Dan Buettner, who, with a team of anthropologists, demographers, epidemiologists, and researchers, embarked on a quest to identify places around the globe with the highest concentrations of centenarians. These regions aren't just marked by longevity but by healthspan - a life that is not only long but also vibrant, energetic, and disease-free.Among these zones are:<ol><li>Sardinia, Italy: Nestled away from the urban rush, this mountainous region boasts of men who outlive their counterparts in other parts of the world.</li><li>Okinawa, Japan: Home to resilient women who seem to have discovered the fountain of youth, living longer and healthier.</li><li>Loma Linda, California: This region stands out in the United States, with its Seventh-day Adventists outliving the average American by a decade.</li><li>Nicoya Peninsula, Costa Rica: Where middle age is marked by vigor and the elderly bound with vitality.</li><li>Ikaria, Greece: The Aegean island where life slows down, people age slower, and diseases like cancer, heart issues, and dementia are rarities.</li></ol><figure class="image"><img src="https://storage.googleapis.com/crib-blog/image_88a2014172/image_88a2014172.png"></figure>Image from imdb.com<h2 style="margin-left:0px;">Peeling Back the Layers</h2>The Netflix documentary meticulously uncovers layers of lifestyles, habits, and cultural norms that underpin the daily lives of Blue Zone residents. It offers audiences more than just a glimpse; it's an immersive experience.Dietary Choices: One cannot stress enough the importance of what goes into our bodies. Blue Zones don't follow the latest diet fads. Instead, their eating habits are a product of centuries of tradition, passed down through generations:<ul><li>A largely plant-based diet reigns supreme. Vegetables, fruits, whole grains, and legumes form the bulk of meals.</li><li>Meat, while consumed, isn't the mainstay. It's an occasional delicacy, relished maybe once a week.</li><li>Fish, especially in places like Okinawa and Ikaria, is frequent but in moderate amounts.</li><li>Dairy, especially goat's milk in regions like Sardinia, is consumed.</li><li>The concept of 'hara hachi bu' in Okinawa, which translates to "eat until you're 80% full", emphasizes not overeating.</li></ul>&nbsp;Physical Activity: The residents of Blue Zones aren't seen pumping iron in gyms or running marathons. Instead:<ul><li>Natural movement is integrated into their daily routines. They walk to destinations, tend to their gardens, and lead physically active lives.</li><li>The landscapes, often hilly or mountainous, promote physical exertion in daily chores.</li></ul>&nbsp;Social and Community Ties: Humans are inherently social beings. The strength of community and social bonds in these zones is a testament to our need for connection:<ul><li>Multi-generational living is common. Grandparents play a vital role in the upbringing of their grandchildren, reinforcing family bonds.</li><li>Social gatherings, festivals, and community meetings are frequent and foster a sense of belonging.</li></ul>&nbsp;Sense of Purpose: Waking up with a reason, a purpose, can add years to life:<ul><li>In Okinawa, this is termed 'Ikigai' or 'reason for being', and in Nicoya, it's 'Plan de Vida' or 'reason to live'. It's not just about living longer but having a reason to live.</li></ul>&nbsp;Spirituality and Faith: Many Blue Zones have strong spiritual or religious practices. Whether it's the Seventh-day Adventists in Loma Linda or the Greek Orthodox faith in Ikaria, a strong sense of faith plays a role in mental well-being.Moderation: Be it in terms of food, alcohol (like the moderate consumption of Sardinian wine or Ikarian red wine), or daily routines, nothing is done in excess.Rest and Rejuvenation: Sleep, naps, and rest form a crucial part of the routine. It's a time for the body to heal, rejuvenate, and prepare.Stress Management: While stress is a part of life, managing it is essential. Rituals, be it afternoon siestas, moments of prayer, or social gatherings, help diffuse daily stresses.<h2 style="margin-left:0px;">Conclusion</h2>"Live to 100: The Secrets of Blue Zones" isn't just a visual treat; it's a revelation. It shifts the focus from living long to living well. While genetics play a role in our health, lifestyle choices can significantly impact our golden years. This documentary challenges viewers to introspect, adapt, and adopt practices that can add not just years to life but life to years. As we journey through these Blue Zones, we're left with timeless lessons that can reshape our futures.&nbsp;Watch the series on <a href="https://www.netflix.com/">Netflix</a>

A Deeper Dive into Netflix's Riveting Documentary

large_bluezones.png

medium_bluezones.png

small_bluezones.png

thumbnail_bluezones.png

bluezones.png

Live to 100: The Secrets of Blue Zones

thumbnail_AvatarMaker.png

AvatarMaker.png

As a property investor in Malaysia, setting the right rental rate is crucial to attract tenants and earn a good return from your investment. The rental yield is a key metric to assess if your property is generating adequate income.This comprehensive guide will walk you through the key factors that determine rental pricing, explain rental yields, and provide step-by-step calculations to help you optimize your rental property in Malaysia.<h2 style="margin-left:0px;text-align:justify;">5 Factors That Influence Rental Rates in Malaysia</h2>When setting your asking rent, you need to consider these five core factors:LocationLocation has the biggest impact on rents in Malaysia. Areas close to key employment hubs, amenities, public transport, and infrastructure can demand higher rents. Kuala Lumpur city center and mature townships naturally command premium rates versus rural areas.For example, average monthly rents for a 2-bedroom condo may range from:<ul><li style="text-align:justify;">RM3,500 in KLCC</li><li style="text-align:justify;">RM2,500 in Mont Kiara</li><li style="text-align:justify;">RM1,800 in Cyberjaya</li><li style="text-align:justify;">RM1,000 in Semenyih</li></ul>Review rents for comparable listings in the neighborhood to gauge the market rate based on location.Type of PropertyLanded homes (bungalows, semi-dees, terraced houses) generally achieve <a href="https://malaysia.news.yahoo.com/landed-property-vs-high-rise-235514486.html?guccounter=1">higher rents</a> than strata units (condos, apartments) in the same area, due to larger spaces.But newer high-rise developments with lifestyle facilities like gyms and pools can sometimes fetch more than older landed properties lacking amenities.Boutique commercial buildings and retail shops also demand higher rents per sq ft than residential. Analyze rates based on property category.Facilities and FeaturesFully or nicely furnished units can charge 15-25% more in rent versus empty units. Units with upgraded fittings, fixtures and appliances also command premium pricing.Properties with facilities like pools, gyms, recreation areas and convenience stores enjoy higher perceived value. Consider the features that add rentability.Condition and DesignTenants expect well-<a href="https://hartamas.com/a-guide-to-landed-vs-high-rise-properties/">maintained</a> units in good condition. Tired, dated decor can be a turn-off. Refurbished or newly renovated units justify higher rents through perceived quality.Good interior design, layouts and spaciousness also up the rentability factor, sometimes overriding location. Avoid rent gaps with upgrades.Parking and AccessibilityProperties with covered parking, multi-car porch bays or designated parking enjoy an edge, especially in congested cities. Convenience of access via major roads, highways and public transport also boosts appeal.Evaluate your property’s parking availability and accessibility strengths to benchmark against neighborhood rates.<h2 style="margin-left:0px;text-align:justify;">What is a Good Rental Yield in Malaysia?</h2>Rental yield measures your annual rental income as a percentage of the property's total purchase price. A higher yield means your property generates more income relative to its value. High rental yield is generally associated with high-rise properties due to better amenities and facilities, which make them more attractive to renters. However, landed houses offer larger living spaces and higher resale value, and are also a sound choice for investment as they are easier to rent out and produce better rental yield. Ultimately, the decision between investing in a high-rise property or a landed house depends on personal preferences, budget, and investment goals.The average residential rental yield in Malaysia is around 3-5% currently. For commercial properties, yields range from 5-8%.As a rule of thumb:<ul><li style="text-align:justify;">2-3% - Below market returns</li><li style="text-align:justify;">4-5% - Fair rental yield</li><li style="text-align:justify;">6-8% - Good rental yield</li><li style="text-align:justify;">10% and above - Excellent yield</li></ul>Aim for the highest yield possible by optimizing your rental pricing.<h2 style="margin-left:0px;text-align:justify;">How to Calculate Rental Yield for Your Property</h2>Rental yield is assessed in two ways - gross yield and net yield:<a href="https://www.stessa.com/blog/rental-yield/">Gross Rental Yield</a>Measures rental income without accounting for expenses.Formula:(Annual Rental Income / Property Purchase Price) x 100For example:Purchase price: RM500,000 Annual rent: RM24,000Gross Yield = (RM24,000 / RM500,000) x 100 = 4.8%This excludes maintenance fees, taxes and other costs.Net Rental YieldFactors in expenses to give a more accurate profitability picture.Formula:(Annual Rental Income - Total Annual Expenses) / Purchase Price x 100If we assume RM3,600 in annual expenses for the same property:Net Yield = (RM24,000 - RM3,600) / RM500,000 x 100 = 4.08%Aim for the highest possible net yield through optimal pricing.<h2 style="margin-left:0px;text-align:justify;">How to Determine the Monthly Rental Amount</h2>With yields explained, next we calculate the actual rental pricing. Follow these steps:Estimate Potential Annual RentResearch listed rates for comparable units in the area. Is the typical range RM18,000 - RM24,000 annually? Prorate based on your property size, facilities etc.Decide on Target YieldAssess yields in the neighborhood. Set a gross yield target of 5% for example, if that is the average.Derive Rental RateFor a RM500,000 property with 5% gross yield target:<ul><li style="text-align:justify;">Annual rental income is 5% of RM500,000 = RM25,000</li><li style="text-align:justify;">Monthly rent = RM25,000 / 12 = RM2,083</li></ul>This ensures you get the desired returns.Factor in ExpensesEstimate expenses like maintenance fees (2 months' rent is typical).RM2,083 x 2 = RM4,166 annual expensesRevise potential gross rent to cover expenses while sustaining yield.Market Check and AdjustValidate your rental rate against listings for similar units nearby. Fine tune as needed to stay competitive.Monitor demand at your intended rate when live. Adjust if insufficient tenant interest.<h2 style="margin-left:0px;text-align:justify;">Top Tips for Maximizing Your Rental Yield in Malaysia</h2>Follow these tips to optimize your property's income potential:<ul><li style="text-align:justify;">Set rents slightly below market rate to attract more tenant interest and occupancy</li><li style="text-align:justify;">Offer leases longer than 12 months with smaller increments for multi-year tenure</li><li style="text-align:justify;">Maintain <a href="http://www.newpropertylaunch.my/5-easy-ways-to-increase-rental/">quality furnishings, fixtures, amenities to sustain rents</a></li><li style="text-align:justify;">Understand and track seasonal fluctuations and demand shifts</li><li style="text-align:justify;">Keep property well-promoted across major listing sites</li><li style="text-align:justify;">Minimize vacancies by acting quickly when a tenant leaves</li><li style="text-align:justify;">Consider <a href="https://www.linkedin.com/pulse/7-tips-maximise-your-rental-income-hartamas-real-estate-malaysia/">short-term rental</a> options during peak travel seasons</li><li style="text-align:justify;">Leverage property managers to improve yields through their expertise</li></ul><h2 style="margin-left:0px;text-align:justify;">Conclusion</h2>Determining the optimal rental pricing for investment properties involves assessing multiple factors, carefully calculating yields, and monitoring market demand. This allows you to maximize returns.While setting rents, don't forget to account for expenses to ensure your property generates substantive net income as well.Use this guide to make informed rental rate decisions based on neighborhood data, property attributes, target yields and market conditions.Regularly review your rents and be ready to adjust pricing accordingly. With the right rental rate strategy, your investment property can provide a stable source of passive income.

Learn how to calculate optimal rental rates and yields for investment properties in Malaysia. Understand the key factors influencing pricing, rental yield formulas, and tips to maximize your property's income potential.

medium_stack-coins-paper-houses (1).webp

small_stack-coins-paper-houses (1).webp

thumbnail_stack-coins-paper-houses (1).webp

stack-coins-paper-houses (1).webp

How to Determine the Optimal Rental Rate and Yield for Your Investment Property in Malaysia

A complete guide to the key property purchase documents in Malaysia - understand the 10 vital documents from SPA to loan agreement and what to look for when buying a house.

medium_new-house-keys-composition-with-papers (1).webp

small_new-house-keys-composition-with-papers (1).webp

thumbnail_new-house-keys-composition-with-papers (1).webp

new-house-keys-composition-with-papers (1).webp

A Complete Guide to Property Purchase Documents in Malaysia

thumbnail_AvatarMaker (7).png

AvatarMaker (7).png

<h2>Nocturnal Rhythms</h2> In the wee hours from 12am to 4am, Bandar Utama and neighboring areas like TTDI, Damansara Jaya, Damansara Utama, and Mutiara Damansara, offer a glimpse into their nighttime personas. While spots like Centrepoint Bandar Utama and Damansara Utama exhibit active scenes, TTDI maintains a serene atmosphere. Through the use of modern technology and anonymous mobile tracking, upholding strict privacy standards, we've chronicled these nighttime patterns. Our primary aim? To enable home seekers and businesses to make well-informed decisions. The data, collected from June to July 2023, serves as a compass, guiding these diverse groups on where they might best fit during these early morning hours.<h2> Why Night Owls and Early Birds Should Care</h2> When choosing a neighbourhood, the atmosphere when the moon's out can make all the difference. Want to be where the action is? Some areas are buzzing past midnight. Prefer your nights peaceful and undisturbed? There's a spot that’s just right. Dive deep into the nighttime rhythms and find a place that sings to your soul. Whether you're a night owl looking for excitement or an early bird seeking tranquility, understanding the after-dark scene can guide you home.<h2> Businesses: Adapting to the Night Time Economy</h2> With a world that's always ticking, businesses in <a href="https://crib.my/buy/N000186_pid">Bandar Utama</a> and surrounding neighbourhoods have a goldmine of insights in this nighttime data. A café situated in <a href="https://www.1utama.com.my/">One Utama</a> might see potential in catering to the midnight crowd, offering special brews or night-themed delicacies. In contrast, <a href="https://crib.my/buy/N000119_pid">TTDI</a>, with its calm aura, could be the perfect locale for wellness centres or early morning ventures, aligning with the peaceful dawn.<h2> Town Planners &amp; Municipalities: Shaping Tomorrow's Neighbourhoods</h2> The ripples of this research don't stop at individual preferences; they extend into the very heart of urban development. For Town Planners: The data serves as a blueprint for crafting the future of Bandar Utama and its environs. It raises pertinent questions. Should we design more children's parks in the calmer zones? Would pedestrian-friendly spaces in busier areas enhance the nighttime experience? This data-driven approach can lead to the creation of spaces that truly resonate with the residents' desires and lifestyles. For Municipalities: On a practical level, this nighttime data is a compass. It suggests where enhanced public transport might be beneficial during the late hours or how waste management can be optimised post the night rush. It could guide decisions on street lighting intensity and distribution, ensuring safety and ambiance. Furthermore, areas with significant nocturnal activities might benefit from heightened security measures. &nbsp;<h2>Concluding Thoughts: Bandar Utama and Beyond</h2> The insights gleaned from this study paint a living, breathing picture of Bandar Utama and its neighbouring areas during the enchanting night hours. For families, businesses, and city stakeholders, this information offers more than just data points. It provides a narrative, a story of the night, guiding decisions, dreams, and the urban journey ahead. Please contact to us if you need further analysis. Please email to <a href="mailto:nursakinah@crib.my">nursakinah@crib.my</a> &nbsp;

Explore Damansara's nighttime vibes from 12am-4am. Our heatmap reveals lively spots and quiet corners, aiding residents and businesses alike

Human Movement Data Of TTDI, Mutiara Damansara, Bandar Utama, Damansara Jaya, Damansara Utama

Suggested keywords:

Category