5% RPGT Only If Sold Within 5 Years

Dear Readers,

In a Bernama report dated 23 Dec 2009, Prime Minister Datuk Seri Najib (of Malaysia) was quoted as having announced that the 5% RPGT - real property gain tax introduced in the recent budget - would only be applicable to real estate properties sold within 5 years of their purchase.

Recently, in the budget announcement, the 5% RPGT - which was intended to take effect on 1 Jan 2010 - would be applicable regardless of years of holding of the properties by their vendor-owners. "...the decision was made following requests from the business sector and Federation of Chinese Associations of Malaysia or Hua Zong...", the Prime Minister was reported to have said.

With the change, the report further says: the Government will be foregoing about RM200 million in real property gain tax revenue - "We are willing to forego a substantial amount of revenue so that the sector can expand and grow", the Prime Minister was quoted as saying in a speech at the swearing-in of Hua Zong's office-bearers for the 2009-2011 term at Marriott Hotel, Putrajaya.

I am sure all real estate players in the country including the Malaysian property agents (of which I am one) welcome the announcement by the Prime Minister with thanks - it's Good News by the Prime Minister on the threshold of the incoming New Year 2010.

Merry Christmas & A Successful New Year to ALL!

Cheers,
Douglas GT Tan

For Sale: 523.6-Acre Land Near Iskandar Development Johor

Dear Investors & Developers,

1. Some years back, the area that is Mont Kiara/Sri Hartamas today was negatively perceived as a backwater area - an area that was perceived as:
* associated with the undeveloped part of Segambut;
* that would remain unaffected by surrounding developments;
* where land could be bought real cheap - only RM7psf (for only the astute and far-sighted such as Mewah Cooperative and a few parties which were or still are the major land owners there today!)

2. Today, Mont Kiara/Sri Hartamas is a much sought-after area. It's the real estate jewel of Klang Valley: Rapid developments in Klang Valley plus some good developers (Sunrise, etc) have transformed what was perceived as a backwater area into what is now a prime real estate enclave in Klang Valley.

3. The southern part of Johor, without a doubt, is undergoing rapid development and transformation like the yesteryears of Klang Valley. It's too late if you have not bought any land there - no more cheap buys like before. But, like the Mont Kiara story, there is always opportunity lurking in backwater areas -- an area currently deemed not so attractive but is near enough to Iskandar & Singapore to have the potential to enjoy great appreciation in value some years down the road.

4. All astute investors and good developers should consider this piece: 523.6-acre land at Machap (12km northwest of Simpang Rengam) -located about 50km from the northern part of Iskandar Development Johor. It is for sale by tender at only 51sen psf - Yes, 51sen psf! Outlines are as follows:

* Total Land Area: 523.6 acres
* Total Parcels: 19
* Freehold Parcels: 18 (179.8 acres)
* Leasehold Parcel: 1 (343.8 acres - 29 years left, expiring on 27 June 2039)
* Indicative Price: RM11.637 million
# reflects 51 sen on total land area of 523.6 acres;
# reflects RM1.49 psf on the freehold-land-parcels area of 179.8 acres (with FREE ownership of 343.8 acres of the leasehold parcel for 29 years until 27.6.2039!)

* Even if you put in a bid at RM12.8 million, it works out to be only RM1.63 psf on the FREEHOLD-Land-Parcels of 179.80 acres with the huge leasehold parcel FREE!

Hurry! It's an opportunity not to be missed by the farsighted and astute.

Tender closes at 5pm, 14th Dec 2009 (Mon)

Full details are in the Tender Package (RM100/= per pack)

To buy the tender package, call me directly at: 012-288 6993 / 03-7958 8821.
Golden opportunity awaits no men. Call me now!

Regards
Douglas, Tan Gee Tick (E 1579)
Proprietor/CEO
GT REALTY [E (3) 0698]
22-B (2nd. Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor

For Sale: Bungalow with Pool at Bangsar, KL

Dear Readers,

(Update on 17.6.2010: As at this morning, this bungalow is OFF the market because it has been rented out. All the facts in this post are for your reading pleasure only until further notice in the future.)

This bungalow with a swimming pool located at Bangsar Park (near Bangsar Shopping Centre) is for sale as well as to let.

Located in an exclusive neighbourhood. Owner briefed me as follows:

* A neighbouring house No. 4 with about the same land area (12,000 sf) but older was sold at RM6 million in June 2009;

* Neighbour No. 19 was let-out at RM15,000/= per month

* Neighbour No. 8 with about the same land area (12,000 sf) is in the market asking RM6.8 million.

And, the subject bungalow with a RM80,000/= brand new swimming pool being constructed (ready in a month) is to be sold or let-out as follows:

* Land Area: 12,077 sq. ft (1,122 sq. m.)

* Build-Up: 7,000 sq. ft (650 sq. m.)

* Freehold

* Rebuilt: Yr 2004

* 7 Rooms 6 Baths

* Ideal For: VIP, Ministers, Corporate Big Wigs, Malaysia My 2nd Home Expatriates

* Location: Lor. Limau Manis (near Bangsar Shopping Centre & Bangsar Telawi area)

Price: RM6.5 million

Rental: RM16,000/= per month

For more information, contact:

Mr. Douglas GT Tan (E 1579) at Handphone No.: 6-012-288 6993

GT REALTY [E (3) 0698] at Tel No.: 6-03-7958 8821

Warmest regards,

Douglas GT Tan

For Sale: 8.53-Acre Freehold Vacant Commercial Land at Sec 27 Shah Alam Selangor

Dear Investors,

(19 Oct 2009). There is currently a piece of vacant commercial land available for sale at Section 27 Shah Alam along the western side of Persiaran Klang (within Taman Bunga Negara) - please see Location Plan; Layout Plan and Photos (taken as at 19.10.2009) attached to this post. You may also find its location or study its surrounding from "Google Map" by entering "persiaran klang, taman bunga negara".

Other details:

* Title No.: H.S.(D) 63624;

* Lot No.: P.T. 626;

* Mukim: Damansara;

* District: Petaling;

* State: Selangor Darul Ehsan;

* Tenure: Freehold

* Provisional Land Area: 34,514.208 square metres (371,520 square feet or 8.53 acres)

* Category of Land Use: "Bangunan";

* Express Condition: " Bangunan Perniagaan"

* Restriction in Interest: Nil

Indicative Price: RM24.15 million (RM700 per sq. m or RM65 psf)

For further details or to make a formal written offer to buy, please contact me at 012-288 6993 / 03-7958 8821.

Regards,
Douglas GT Tan (E 1579)
Proprietor/CEO

GT REALTY [E (3) 0698]
22-B (2nd. Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor D.E.

Tel: 6-03-7958 8821 / 6-012-288 6993
Fax: 6-03-7958 7821
Email: tanhalim1@gmail.com

Regulations, Rules or Guidelines on Purchase of Selangor Residential Houses by Foreigners

Dear Readers,

(Updated on 26.1.2010): When we talk about regulations, rules or guidelines on the purchase of Malaysian properties by foreigners or foreign interests (non-Malaysians including MM2Homers), generally we refer to the following regulations, rulings or guidelines namely:
1) the FIC rules (Foreign Investment Committee's rules) (applicable only before 1 July 2009 thereafter superceded by EPU Guideline effective 1.Jan.2010 - FIC was disbanded on 1.7.2009);
2) the National Land Code rulings: e.g. that of Sec 443(e) of the NLC 1965 (Act 56).

Before 1 July 2009, the FIC rulings were set by the Foreign Investment Committee of the Prime Minister's Economic Planning Unit (EPU); on 1 July, the FIC was disbanded; and on 1 Jan 2010, the EPU has come up with a set of new Guidelines - please click on the EPU Guideline link given in the preceding paragraph to know the details.

Both the FIC rules and the new EPU guidelines were are set by the Federal Government which since independence has been under the control of the Barisan National; so also almost all the States of Malaysia until the last General Election on March 8, 2008,

Since March 8, 2008, five (5) States were no longer under the control of the Barisan National -- it is only to be expected that the FIC rules of the Barisan National Federal Government may not be followed by the States under the Pakatan Rakyat's control, namely: Selangor, Perak, Penang, Kedah & Kelatan.

Incidentally, towards mid-2009, the Federal Government has (please read this report) decided to liberalise the FIC rules including those on foreigners or foreign interests buying properties or real estate in Malaysia. By this, it does not mean that after the aforesaid liberalisation, any foreigner or foreign interest can freely buy any Malaysian property without any restrictions. NO, this is not the case -- because, there are now EPU Guideline effective 1 Jan 2010 and another set of applicable regulations set by the state authority on the purchase of properties by foreign parties under Sec 443(e) of the National Land Code (Act 56) which section remains intact or unchanged.

Sec 443(e) states clearly that for any "land" (a technical term defined in NLC which for the purpose of this post, it may be taken to mean "real estate") which is not categorised as "industry" - that is, which is categorised as "agriculture" or "building" (residential, commercial or other types of non-industrial properties such as educational institutions, hospitals, etc) - prior approval of the state authority must be obtained by any non-citizen or foreign purchaser before the Registrar (of the land office or the land registry) may endorse any memorial of transmission on the Register Document of Title of the property in favour of the foreign party.

What section 443(e) of the NLC means is: that the purchase of any real estate in Malaysia by any foreign party (other than the purchase of industrial property /land) requires the approval of the State in which the property is located, failing which, its ownership by the foreign party cannot be duly registered on the title of the property -- that is, cannot be recognised in law under our Torrens system of land ownership; and is to be considered null and void. Sec 443(e) therefore clearly recognises that land matters fall under the purview of the respective State authorities.

In the case of Selangor, notwithstanding the FIC rules and their subsequent liberalisation by the Federal Government, the State Government under the Pakatan Rakyat originally decided that foreigners or foreign interests may only buy Selangor residential units priced at RM250,000 or above for PR spouses of Malaysians; and, RM500,000 or above for other foreign parties, to be effective from June 1, 2009. However, the Selangor State Government shortly thereafter deferred implementation of these new threshold limits until the economy improves - please read the official document from the Selangor Government on this.

However, what is interesting is that: even this deferment which restored the lower thresholds in Circular 5/2009 of the Pengarah Tanah & Galian Selangor has now been superceded by a subsequent Circular 8/2009 issued and effective on 10 Dec. 2009 which raised the lower thresholds to RM250,000/=  and above for purchase of Selangor residential properties by foreigners including permanent residents.  

Puan Rahmah (Tel: 03-55447824) of the Pejabat Tanah & Galian Selangor has, this morning 11:30am (26.1.2010), verbally confirmed that the applicable threshold is that announced in Circular 8/2009 effective 10 Dec 2009. As at today, there is no review to the RM250,000/= threshold yet. Thus, if the date of your SPA is prior to the next reviewed threshold, then the RM250,000/= threshold in Circular 8/2009 shall apply.

To recap, as far as the purchase of Selangor homes or residential houses by foreigners or foreign interests are concerned, the threshold is now RM250,000/= and above - meaning, 1) permanent residents of Malaysia; and 2) any foreigners (including MM2Homers) are allowed to buy residential units priced at RM250,000 or above with effect from 10 Dec. 2009.

The above should answer the query of a reader of this blog who asked in Jan 2010: Whether the thresholds for foreign buyers of Selangor residential properties have, with effect from 1 Jan 2010, been reviewed upwards to RM500,000? (Answer: No. Circular 8/2009 merely raised the lower thresholds set in Circular 5/2009 to RM250,000/= with effect from 10 Dec. 2009 and this Circular is still in force as at today - you can call: 03-55447824 (Puan Rahmah) or 0355447765 (Enc. Hanafi) to confirm on/verify this.); And, what is the position of foreign buyers under the Malaysia My 2nd Home (MM2H) programme? (Answer: MM2Homers are governed by the same set regulations, rules or guideline foreigners buying Selangor or other Malaysian properties.)

Go to "comments" section of this blogpost to follow the email exchanges between me and the reader on his queries. Your credible inputs are also most welcome!

A public service article by,
Douglas GT Tan
Proprietor/CEO
GT REALTY

H/p No.: 012-288 6993 / 6-03-7958 8821
Email: tanhalim1@gmail.com

New Fee for Malaysian Estate Agents

Dear All,

At a seminar held for the property professionals at Hotel Istana yesterday morning (Oct 6), the Board of Valuers Appraisers & Estate Agents of Malaysia (a.k.a "BOVAEA" or Lembaga Penilai Pentafsir dan Ejen Hartatanah Malaysia) announced, among others, the new scale of fees for Malaysian estate agents applicable to any sale or purchase land, buildings and chattels by way of private treaty, tender or other mode of disposal or acquisition as follows:

* 3% (an increase from 2.75%) for sale or purchase of land and buildings;

* 10% (like before)of the proceeds for sale or purchase of chattels (or, movable properties) including plant and machinery.

Subject to a minimum fee of RM1,000 per property.

The new scale of fees does not apply to:

1) Project marketing; and
2) Marketing of foreign properties in Malaysia or Malaysian properties in foreign countries - In both cases, the agency fee chargeable will be on negotiated basis between the agent and his client;

Professional fees, commissions or agency fees chargeable by Malaysian real estate agents on tenancy or leasing remain unchanged.

The new scale of fees were introduced by the Board in the exercise of the powers conferred by section 32 of the Valuers, Appraisers & Estate Agents Act 1981 (Act 242) with the approval of the Minister of Finance and the due process (gazette, etc.) - The full text by the Lembaga Penilai on the new scale of fees may be read at HERE!

Regards,
Douglas GT Tan

P/s: A representative from MITI also briefed the property professionals about Malaysia's commitment to Asean to liberalise the propety sector (re: services under codes CPC 821 & 822) up to 70% by year 2015; however, to hasten the contribution of the services sector to Malaysia's economic growth or GDP, the Malaysian Cabinet has recently made the decision to full liberalisation of the sector by end of 2012. Many participants felt that they have not been adequately prepared to face this eventuality in so short a time - it's like going to war (read: marketing or business war) in just a few years' time without concrete or comprehensive plans/programmes to prepare the foot-soldiers to face it. Your comments, please.

Liberalisation & New Scale of Fees for Property Professionals - Seminar by BOVAEA

Dear All,

This blog post is for the information of Malaysian real estate professionals.

You may want to know that the Board of Valuers, Appraisers & Estate Agents of Malaysia (a.k.a BOVAEA / Lembaga Penilai, Pentafsir & Ejen Hartanah Malaysia / Lembaga) will be holding a talk on "Amendments to The Scale of Fees & Liberalization of The Property Sector" as follows:

* Date: Oct 6, 2009 (Tues.)

* Time: 8:30am - 12 noon

* Venue: Istana Hotel, Ballroom Level, Bilik Mahkota 1

* CPD Hours: 3 CPD hours

* Fee Payable: RM150.00

* Payee: Board of Valuers, Appraisers & Estate Agents of Malaysia

All registrants (i.e. registered estate agents (REAs), registered valuers & appraisers; probationary estate agent (PEAs), probationary valuers & appaisers) are encouraged to attend by the Lembaga through a circular sent out recently.

You may also visit the official website of the BOVAEA for its registration details.

Regards,
Douglas GT Tan

Costs-Saving for Malaysian REAs Who Run 1-Man or Small Agencies

Hi Malaysian REAs (Who Operate 1-Man or Small Estate Agencies),

Greetings to you.

To run a small or 1-man estate agencies, a REA or realtor probably incurs RM3,500 to RM5,000 per month just to pay office rental and admin. salary - not to mention minimum charges for tele-communication, electricity, etc. Annually, he/she pays about RM50,000 - RM80,000 to run a small set-up.

If his/her annual revenue is less than RM250,000, this means he/she gets less than 80% for every deal he/she or his/her Negotiators closes! When times (or luck?) are bad, he/she still has to pay that RM5,000 pm even though the income was ZERO for that month! This is certainly no good for any REA!

So, what if there is a "win-win" costs-saving cooperative package:
* that can relieve you from paying monthly office rentals and admin salaries totally;
* that can earn you more % commission than you currently do for every deal closed by you - i.e. after deducting overheads;
* that can help you to recruit & train your quota of Negotiators - a constant problem for small or 1-man agency;
* that can pays your quota of Negotiators their basic salaries, EPF & Socso - you'll be amazed how this is possible;
* that can earn you over-riding leadership fee over the deals closed by the Negotiators supervised by you?

Wouldn't that be an interesting business model that you would want to know more? If so, pick up the phone, sms or call me immediately. Even those with differences of opinions previously may respond: Afterall, it's business! No historical differences is ever kept in my heart!

To recap, the package will benefit you IF:
* you are currently operating a real estate agency firm with no or few performing Negotiators;
* your firm's current overheads are, on average, eating up more than 20% of your revenue;
* after deducting the overheads, you are on average left with less than 80% of the commission for every deal closed;
* your monthly overheads are quite a nuisance to you;
* you do not see yourself recruiting more than 5 performing Negotiators for your firm in the foreseeable future;
* you do not mind teaming up with other REAs on a cooperative package:
# that relieves you from paying major monthly operational overheads;
# that earns you more % commission than your current firm is getting on average for every deal closed.

You lose nothing by holding the discussion with me - in fact, you have everything to gain. There were enquiries from as far as Kota Kinabalu in response to my first invitation. My 2nd invitation has resulted in promising discussions with some in Klang Valley who will follow up on the discussions with visits to my office next week.

There is no deadline to this invitation.

Bear this invitation in mind: You don't have to stop practising and/or start working for other REAs as a Negotiator when times are bad (or Negotiators are hard to recruit after law-breaking agencies offer them as high as 90%)! Always bear this in mind - that there is another platform available for you to continue practising estate agency profitably and honourably as a REA with minimal financial burden and no longer in a 1-man set-up.

Call me for a discussion when you are ready as some have already done. Let's gang-up to do business together lawfully!

I can be reached at 012-288 6993; or email: tanhalim1@... (yahoo dot co dot uk). All appointments and discussion will be in strict confidence (Currently, REAs in Klang Valley are most welcome).

Thank you.

With best regards,
Douglas GT Tan (E 1579)
CEO/Proprietor

GT REALTY
22-B (2nd Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor.

Tel: 03-7958 8821 / 012-288 6993
Fax: 03-7958 7821

Top Property Agent Hit by Woman with High Heel Shoe

Dear Readers,

A Malaysian daily has reported that a video clip of a top property agent being hit repeatedly at the groin by a young woman is in hot circulation in the blogosphere -- this should be news-worthy to readers of any blog on real estate agency or property marketing such as this blog.

To watch the youtube video, click this:


To read about the news in the Malaysian daily, click this link.

You will note from the "p/s" note below that the man was said to be a top property agent in Singapore and the young woman was working as an admin assistant in the same firm not too long ago.

Leave some comments, if you wish.

Regards,
Douglas GT Tan

(P/s: The man was reported in some Singapore blogs (http://agnestansingapore.blogspot.com) to be a successful property agent in Singapore with about 100 sales assistant under his supervision and the young girl was a former administrative assistant of his firm.)

Invitation to Malaysian Registered Real Estate Agents (REAs)

To: ALL Malaysian REAs (Who Operate 1-Man or Small-Size Estate Agencies)

(KL, 1.9.2009): If you are currently running a one-man or small-size real estate agency firm, this invitation is for you.

It is an invitation for a discussion on a "win-win" cooperative package:
* that would relieve you from paying monthly overhead expenses - office rentals, admin salaries, etc.;
* that would earn you more % commission than you currently do for every deal closed by you - i.e. after deducting overheads;
* that would help you to recruit & train your quota of Negotiators - a constant problem for 1-man agency;
* that would pay your quota of Negotiators their basic salaries, EPF & Socso - you'll be amazed how this is possible;
* that would earn you over-riding leadership fee over the deals closed by the Negotiators supervised by you!

The discussion will benefit you IF:
* you are currently operating a real estate agency firm with no or few performing Negotiators;
* your firm's current overheads are, on average, eating up more than 20% of your revenue;
* after deducting the overheads, you are on average left with less than 80% of the commission for every deal closed;
* your monthly overheads are quite a nuisance to you;
* you do not see yourself recruiting more than 5 performing Negotiators for your firm in the foreseeable future;
* you do not mind teaming up with other REAs on a "win-win" cooperative package:
# that relieves you from paying any operational overheads;
# that earns you more % commission than your current firm is getting on average for every deal closed.

There is no deadline to this invitation. You lose nothing by holding the "P&C" discussion - in fact, you have everything to gain. There were enquiries from as far as Kota Kinabalu in response to my first invitation. This is the 2nd invitation.

As Dec. approaches and, more and more financial results are known, bear this invitation in mind - you don't have to stop practising and/or start working for other REAs as a Negotiator. No, you are a REA - bear in mind: that there is another platform available for you to continue practising estate agency profitably and honourably with minimal financial burden and no longer in a 1-man set-up.

When you are ready for the discussion, I can be reached at 012-288 6993; or email: tanhalim1@... (yahoo dot co dot uk). All appointments and discussion will be in strict confidence (REAs in Klang Valley are most welcome currently).

Thank you.

With best regards,
Douglas GT Tan (E 1579)
CEO/Proprietor

GT REALTY
22-B (2nd Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor.

Tel: 03-7958 8821 / 012-288 6993
Fax: 03-7958 7821

Blog: http://PropertyMarketingMsia.blogspot.com

..................................................................................................................................................
1st Invitation (now superceded by 2nd. Invitation):

"Dear Respectable Malaysian Registered Estate Agents (REAs),

As part my firm's expansion plan, I'm looking forward to meeting up with Malaysian REAs who meet the following criteria for 'Private & Confidential' ('P&C') discussions on a cooperative package:
* that no longer requires you to shoulder any overhead expenses;
* that earns you more % commission than currently for every deal closed by you or the Negotiators under your supervision;
* that helps you to recruit & train your quota of Negotiators;
* that pays the Negotiators recruited and trained for you their basic salaries, EPF & Socso;
* that earns you over-riding leadership fee over the deals closed by the Negotiators under you.

The Malaysian REAs I'm looking to meet up with should meet the following criteria:
* That you are currently operating a real estate agency firm with no or few performing Negotiators;
* That your firm's current overheads are, on average, eating up more than 20% of your revenue;
* That after deducting the overheads, you are on average left with less than 80% of the commission for every deal closed;
* That the monthly overheads are quite a nuisance to you;
* That you do not see yourself recruiting more than 5 performing Negotiators for your firm in the foreseeable future;
* That you do not mind teaming up with other REAs on a "win-win" cooperative package:
# that relieves you from paying any operational overheads;
# that earns you more % commission than your current firm is getting on average for every deal closed.

If you meet the above-stated criteria, you won't lose anything - in fact, you have everything to gain by setting aside 1 hr or so to meet me next week on P&C basis.

I can be reached at 012-288 6993; or email: tanhalim1@.... All appointments and discussion will be done in strict confidence - so, be assured. This scheme is only for REAs who meet the above criteria.

Thank you & best wishes.

Regards,
Douglas GT Tan (E 1579)
CEO/Proprietor

GT REALTY
22-B (2nd Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor.

Tel: 03-7958 8821 / 012-288 6993
Fax: 03-7958 7821"

To Let: Nicely Furnished Windsor 3-Roomed Apt at Up Market Sri Hartamas

Dear Readers,

If you or or friends are looking to rent a 3-bedroomed plus 1 utility/maid's room apartment at upmarket Sri Hartamas or Mont Kiara area, consider this one:

* Location: Windsor, Sri Hartamas;

* Size: 1220 sf (we have unfurnished units for sale too)

* No. of Rooms/Bathrooms: 3+1r/2 baths

* View: Clear Mont Kiara View

* Condominium Facilities: Swimming pool; reflexilogy wading pool; squash court; children playground (indoor and out door); aerobic cum exercise room; well-equipped gymnasium;
barbeque area; snooker room; karaoke room; movie room; jacuzzi; massaging jets; 24-hour tight security; security access cards; connected at 5th level to Plaza Damas where you have access to a wide array of amenities - banking, healthcare, enterntainment, foods of all cuisines and nationalities, spas, skin care and beauty, groceries, bakeries and you name them...

* Rental: RM4000 per month onwards (depending on additional items requested - plasma TV, etc.)

*For more info & enquiries, please call: 012-288 6993

Regards,
Douglas GT Tan (E 1579)

For Sale: 2-Storey Bungalow at Sec 19, Petaling Jaya

Dear Readers,

Petaling Jaya (8.8.2009, 4:15pm):

If you are familiar with Sec. 19 Petaling Jaya, you will probably know that there have quite a bit of development activities going on in the locality in the last 1 or 2 years.

What about in the next 1 or 2 years to come? What will be the other development activities in the pipeline? How will all these impact on the values of real estate there?

Now, if you are serious investor looking for some good investments or lawyers or accountants currently in leased offices, I would like to invite you to take a closer look at some real estate in Sec 19, Petaling Jaya, particularly those which are currently residential but has commercial potential and/or may be turned into, say, home-offices of professionals such as lawyers, accountants, etc.

What about this real estate along Jalan 19/22, Section 19 Petaling Jaya?

* A 2-Storey Bungalow

* Land Area: 6960 sf (646.61 sq. m)

* Built-up Area: 3,410 sf (316.80 sq. m)

* Plot Dimension: 60 ft x 116ft (rectangular and flat)

*Tenure: Freehold

* No. of Rooms/Baths: 6 + 2r/4b

* Facing: South, Open Field / Playground

* Car-parking: Spacious car-porch (can park 4 or 5 cars); no "no-parking single or double line(s)" for the road in front of this property

* Conditions: With approved extensions; building surrounded by well-kept lawn; interiors are well maintained; even the roof tiles have been changed before - absolutely no leakage!

* Convenience: Located in the intellectual centre of the country with ample banking, medical, entertainment and a wide array of public amenities; some of the best schools in the country as well as shopping centres such as Tropicana City Shopping Mall and the vibrant SS2 shooping hub is just a few minutes away...

* Unbelievable Price: RM 1.38 million (< RM200 psf)

* My Comments:
If you check on the adverts of other comparable landed properties in the locality and the neighbouring, you will know that the price of this piece of real estate is the most value for money which you must not overlooked - more so, in view of the ongoing and upcoming development activites in Sec 19, Petaling Jaya which can impact positively on the capital value of this and other properties in the locality.

What more if you are lawyers and accountants buying for home-office use: What you would have paid as rentals with no ownership value for offices will now be payments towards full ownership of a piece of real estate which you can now occupied as home as well as home-office - with great capital gain potential in years to come!

Hurry, for more info or viewing, call me at: 012-288 6993

With warmest regards,
Douglas GT Tan
CEO/Proprietor

GT Realty [E (3) 0698]
22-B (2nd Floor), Jalan 19/36
46300 Petaling Jaya
Selangor

Tel: 03-7958 8821 / 012-288 6993
Fax: 03-7958 7821

Email: tanhalim1@gmail.com; tanhalim1@yahoo.co.uk

Windsor Apartments Wanted by Buyers!

Dear Readers,

If you happen to know of any owners of Windsor apartments wanting to sell theirs, we have quite a number of buyers looking to buy them as follows:

* 640 sf, 1-roomed with car park, any facing - wanted by a lady buyer with a budget up to RM320,000.00;

* 1230sf, corner unit with car park , facing KLCC or Palace view - wanted by an expat with a budget around RM500,000.00;

* 500 sf, studio with car park, any facing - wanted by an investor willing to pay up to RM280,000.00;

* 1230sf, on low floors, facing swimming pool, with car park - wanted by a lady buyer willing to pay RM500,000.00;

* 1230sf, corner unit, facing Mont Kiara, 20th floor and above, with car park - wanted by 2 separate lady buyers with budget up to RM550,000.00;

* 1220sf, facing pool on 8th to 10th floor, with car park - wanted by a buyer willing to pay up to RM488,000.00;

* Any tenanted units at Windsor or Wardolf with gross rental return of 7.5% or more with a price tag of about RM600,000.00

For price comparisons, recent sub-sales (since May 2009) at Windsor by GT and others were:

1) 500sf, studio, nicely furnished, on the 8th floor, best pool view and nice KLCC view from the balcony, with 1 car park lot: sold by GT with Jynet of RF, RM308,000.00 (RM616psf);

2) 640sf, vacant and unfurnished, on the 11th floor, facing Dorchester or Sri Hartamas housing estate, with 1 car park lot: sold by GT for Indonesian Owners, RM280,000.00 (RM437.5psf);

3) 1230sf, vacant and unfurnished, corner unit, on the 8th floor, great pool view and KLCC view from balcony, all rooms well-lit by natural lighting, with 1 car park: sold by GT with Ng of JV, RM500,000.00 (RM406.5psf);

4) 1220sf, vacant and unfurnished, on 8th floor, great pool view and KLCC view from the balcony, with 1 car park: sold by a competitor, RM485,000.00 (RM397.5psf) - GT's offer of RM488,000.00 came 3 hours late!

5) 1230sf, vacant and unfurnished, on 11th floor, good pool and KLCC view from balcony, no car park, sold by another: RM495,000.00 (RM402.4psf) ;

6) 1230sf, vacant and unfurnished, on 19th floor, pool and KLCC view from balcony, no car park, sold by another: RM500,000.00 (RM406.5psf);

7) 1230sf, vacant and unfurnished, on 18th floor, good pool and KLCC view from balcony, with 1 car park lot, sold by GT: RM540,000.00 (RM439psf)

Owners from Malaysia, Indonesia, Hong Kong, Singapore, China, Europe, Britain, America and everywhere else are welcome to list your Windsor, Wardolf & Dorchester apartments for sale with us.

Regards,
Douglas GT Tan
GT REALTY
22-B (2nd Floor), Jalan 19/36
46300 Petaling Jaya
Selangor
Malaysia

Tel: 603-7958 8821 / 6012-288 6993
Fax: 603-7958 7821
Emails: tanhalim1@gmail.com; tanhalim1@yahoo.co.uk

FOR SALE (for RM308,000): Nicely Furnished Windsor Studio Apt at Up Market Sri Hartamas

Sri Hartamas (7.8.2009): An identical unit of this is now available for sale at the same price - that is RM308,000.00. Fantastic pool view (click on the 4th photo below)! Hurry, while it is still available!

Last Saturday (21.6.2009), a prospect - brought by this charming and capable lady Ms. Jynet - viewed and offered to buy at RM308,000.00 supported by 2% conditional earnest money; And the Offer was accepted by the Owner the next day - If everything goes smoothly like other cases, it can be considered SOLD!

Now, we are looking for expatriate / corporate tenant for this very lovely studio apartment with nice pool view during daytime and beautiful KLCC view at night.

We are prepared to let it out at between RM2000 to RM3000 per month depending on whether additional items are requested or not.

-------------------------------------------------------------------------------------------------

Nice KLCC-view & Pool-view (click on the pool-view photo below).

To Let: Nicely furnished with 1 accessory parking lot.

Availability: Immediate

Location: Up Market Sri Hartamas / Mont Kiara

Superb Location: Very convenient because it's linked at 5th level to Plaza Damas - a cosy retail complex with many eating places to suite all tastes and nationalities; Starbuck; Coffeebeans; TGIF; Pizzas; forex money changers, etc. all available

Security: Tight 24 hours; By access card to the level of your unit only - all visitors must register at Grd Flr lobby for access to the floor of the unit you are visiting;

Corporate & Expat Tenants welcome!

Rental: RM2000pm upwards (incl. maintenance fees, sinking funds)

For viewing, contact Douglas
Tel: 012-288 6993 / 03-7958 8821

Regards,
Douglas GT Tan

GT Realty E (3) 0698
22-B (2nd Flr), Jalan 19/36
46300 Petaling Jaya
Selangor D.E.

Tel: 6-03-7958 8821 / 012-288 6993
Fax: 6-03-7958 7821

Email: tanhalim1@gmail.com; tanhalim1@yahoo.co.uk

Real Estate Agency Career Preview Free Talks By Douglas Tan

Date: First 3 Sundays of Every Month

Time: 2-4pm

Venue:
22-B (2nd Floor), Jalan 19/36, 46300 PJ
(in front of SS2 SRJK(C) Puay Chai, above Mungo Jerry restaurant)

Theme: Real estate agency career can earn you RM563,319,57 in agency fees over just 10 months - Want to know how (I did it)? Come for the free talk on Sunday at SS2 PJ. It's free!

To Register for the Free Talk:
Sms (Your Full Name) and (The Sunday's Date) to 012-288 6993; or Tel: 03-7958 8821

Recent Talks
"Here are some snap-shots of the 1st series of 3 FREE talks I gave in May 2009.

The attendance was quite okay - considering the fact that before the participants came, almost all have no idea who the speaker was.

The adverts in the Star ("Jobs" column) read: "Real Estate earn RM563,319.57 over just 10 months. Want to know how? Free talk on __ May (Sun), 2-4pm, PJ SS2. Tel: 03-7958 8821".

What they knew probably was that before such adverts could be put up, one has to satisfy the publisher of the adverts that indeed that amount of money has been earned over 10 months by the party putting up the adverts; otherwise those adverts could not be published!

I was very frank and candid in my talks.

And, this weekend (May 23 & 24, Sat & Sun, 9am - 5pm, 1-hr lunch from 12:30pm), I will be holding a 2-day Mentorship Programme for a good number of them. Some will join GT after the programme; some just want to be trained by GT. Affordable disbursements will be collected for this 2-day programme. Interested negotiators and property marketers can call 03-7958 8821 for details. Limited seats left. The next one will be 2 to 3 months from now (now brought forward due to repeated requests! The next one: end of June or mid July).

Topics Include:

• Outselling your competitors in the 4Ps of your real estate and the 3Ps of your services;
• Real estate marketing skills - the selling & letting/leasing process: From overcoming objections to after deal services;
• Law of contract relating to real estate transactions (Specific Reliefs Act included);
• Estate agency law & practice (VAEA Act, VAEA Rules, MEAS, Circulars, etc.;
• Malaysian land law (NLA, etc.)
• Your basic marketing tools;
• The winning strategy: goals, focus, passion, right attitude, problem-solving ability, team spirit, team spirit, choice of working territory; invest in the future, GT's experience...
• GT's Money-Back Guarantee Mentorship Programme - You get back every sen you pay for the programme if you can't close a single deal by the end of your 3 months' probationary period with GT: That's how confident and sincere we are in mentoring and grooming our people. Golden handshakes if you can't make it!

Sounds good? What are you waiting for? Join the upcoming Mentorship programme (Tel: 03-7958 8821) or look out for our 2nd series of FREE talks or previews which begins on June 14 - more girls are attending, I noticed"

Regards,
Douglas GT Tan

For Sale: Furnished Sri Hartamas Windsor Studio Apt

Dear Readers,

Are you looking to invest in an 'easy-to-let-out' petite apartment in the enclave of the rich and well-to-do? Well, here is a good one for your consideration:

• Size: 500 sf /46.45 sq. m.
  
• Type: Studio Serviced Apartment
• Conditions: Furnished; Brand new; Certificate of Occupation issued in August 2008;
• Car-park Lot: One (1) Accessory Parcel on Level 6;
• Floor: 16th - 20th (exact floor will only be revealed to genuine prospect);
• Unit No.: 8
• View: Clear view towards Sri Hartamas housing area;
• Main Door Facing: East
• Balcony Facing: West
• Curtains: Day curtain (thick);
• Glazed/glass Shower Compartment;
• Fire-fighting features: Sprinkler heads and fire extinguisher
• Fully furnished: Aircond; bed with linens; Big Colour TV; Fridge; Vacuum Cleaner; Wardrobe - please see picture;
• Monthly Maintenance Fee: RM0.32 psf
• Security: 24-hour tight security; individual floor access card;
• Facilities: Nice swimming pool; jacuzzi; massaging jets; squash court; well-equipped gym; well-equipped children's playground; karaoke room; movie roomed; aerobic room; snooker room; landscaped water features around pool areas; hotel-style lobby; access card to car-park;
• Develper: Mayland Group
  
• Asking Price: RM310,000 only ( Sense of Value: 2 weeks ago, I sold an unfurnished 640sf 1-bedroomed unit on lower floor (11th) with 1 car-park and same facing at RM280,000.00)
• 
  

Hurry, investment opportunity waits no man and of course woman too.

Douglas GT Tan (E 1579)
GT REALTY [E (3) 0698]
H/p: 6-012-288 6993
Tel: 6-03-7958 8821
Email: tanhalim1@yahoo.co.uk; tanhalim1@gmail.com

A Free Talk On Real Estate Agency Career On 3 May 2009

A Community Service Real Estate Agency Career Talk

Date: 3 May 2009 (Sun)

Fees: Free of Charges (Previously, RM80/pax); and, FREE drinks provided.

Time: 2 - 4 pm

Venue: GT Realty, 22-B (2nd Floor), Jalan 19/36, 46300 Petaling Jaya, Selangor D.E.
(above Mungo Jerry Restaurant, in front of SRJK (C) Puey Chai, SS2 PJ)

Topics Covered:
1. You can earn RM563,319.57 over 10 months in real estate agency career;
2. What qualities, attributes, knowledge and tools must you have to be successful in this career?
3. How, where and when do I start? And,
4. Many more insightful topics...

The Speaker:
Mr. Douglas GT Tan holds a B.Sc. (Bldg) degree from the National University of Singapore; passed his Test of Professional Competence (TPC) in 1 sitting; practised real estate agency more than 15 years since 1992; closed big-ticket and low-end deals - 3 of which raked in RM563,319.57 over just 10 months; lectured part-time in a well-known college in 2003 & 2004 on "Real Estate Agency Practice", "Real Estate Agency Law" and "Principles and Practice of Marketing"; conducted 2 TPC workshops; held a similar talk in the college in Sept 2003 where more than 50 participants paid RM80/pax to attend; and... NOW: It's given free...only at PJ...Hurry, limited seats only!

Learn from the experience of someone who has done it. A talk not to be missed by anyone interested or seeking to know more about estate agency career.

To Book Your FREE Seat:
SMS 012-288 6993 spacespace; or
Email: tanhalim1@yahoo.co.uk

See you on Sunday!

Sincerely yours,
Douglas GT Tan

P/s: You may view Douglas' published articles at: http://www.associatedcontent.com/user/118355/gt.html