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Thomas Sim PEA2066 wrote a new post, Segmentation vs Positioning & Variables in Segmentation Q2 2 years, 1 month ago
Q.
(a) Clarify the difference between market segmentation & positioning (10 marks)(b) Elaborate three (3) variables that can be used in the segmentation of the customer’s market (15 marks)
(25 marks, 2022 Q2)
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Thomas Sim PEA2066 wrote a new post, Marketing Process & Characteristics influencing Real Estate Marketing Q1 2 years, 1 month ago
Q.
(a) Elaborate two (2) steps in the marketing process (10 marks)(b) Explain how real estate characteristics may influence the roles and functions of real estate marketing (15 marks)
(15 marks, 2022 Q1)
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Thomas Sim PEA2066 wrote a new post, Negotiator number in a firm 2 years, 2 months ago
Q.
How many Real Estate Negotiators are allowed to be engaged per Registered Estate Agent? Do you need to write to BOVAEP for approval to engage 50 RENs?A.
The below circular is referred. No need to write to […] -
Thomas Sim PEA2066 wrote a new post, Negotiator name and title 2 years, 2 months ago
Q.
What are the rules on the title or designation of Negotiators in the Business Card?A.
Board has issued the circular that Negotiators are to only carry the Job Title“Real Estate Negotiator” or “REN”
“Senior […]
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Thomas Sim PEA2066 wrote a new post, Federal Court decision on HDA Tribunal Claims 2 years, 2 months ago
Q.
When you have 2 or more claims more than RM50,000, can you file for Tribunal Home Buyer’s Claim under HDA?A.
The decision of Federal Court 2023 has the below judgments:Thanks to the write-up by Gan […]
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Thomas Sim PEA2066 wrote a new post, How to calculate premium on change of Land Use? 2 years, 4 months ago
Q.
Renewal of land lease is calculated based on 1/4 x Land Value x 1/100 x (term applied – term remaining) for Selangor. How about premium or additional premium for conversion of Category of Land Use? For example, […] -
Thomas Sim PEA2066 wrote a new post, DMP JMB What are they? 2 years, 5 months ago
Q.
Developer Management Period (DMP) and formation of Joint Management Body (JMB) for strata properties not yet issued with parcel title. What are laws which is stated in Strata Management Ordinance in Sarawak […] -
Thomas Sim PEA2066 wrote a new post, Property Attributes – Key land matters 2 years, 5 months ago
When purchasing or refinancing a property in Malaysia, there are many different attributes (E.g. Lease, Subdivision, Land Type) the property can have. Each requires different treatment differently during th […]
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Thomas Sim PEA2066 wrote a new post, What is "POT" and "POC"? 2 years, 6 months ago
Q.
What is “POT” and “POC”?
A.
“POT” = Perfection of Transfer; and “POC” = Perfection of Charge.
See below extract from PropertyGuru on this issues in a transaction of property.
Your Simple Guide […]
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Thomas Sim PEA2066 wrote a new post, Flyer – Requirement of Statement "Person responding to…" 2 years, 7 months ago
In the 2020 Edition of MEAS, Standard 6, it was omitted the below statement:”Person responding to this flyer are not required to pay any estate agency fee whatsoever for properties referred to in this flyer as […]
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Thomas Sim PEA2066 wrote a new post, Various steps in real estate acquisition and leases 2 years, 7 months ago
In brief: real estate acquisitions and leases in Malaysia
SKRINE
Malaysia November 28 2022
Acquisitions and leasesOwnership and occupancy
Describe the various categories of legal ownership, l […]
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Thomas Sim PEA2066 wrote a new post, Compensation on late delivery of vacant possession 2 years, 8 months ago
Q. HOW TO CALCULATE THE COMPENSATION ON DELAYED DELIVERY OF VACANT POSSESSION?
A.
The remedies which are provided for under the SPA come in the form of monetary value and remedial work. For the sake of this […]
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Thomas Sim PEA2066 wrote a new post, A general Intro to International Arbitration in Malaysia 2 years, 9 months ago
Q.
Could you give a general introduction to International Arbitration in Malaysia?A.
Extracted fromRahmat Lim & Partners, Malaysia, July 15 2022
Introduction
Malaysia is widely recognised as an […]
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Thomas Sim PEA2066 wrote a new post, Guideline on Property Development in Malaysia 2 years, 9 months ago
This is verbatim from Saiful Nizam Hj Ali available at the link below:
GUIDELINES ON PROPERTY DEVELOPMENT IN MALAYSIA
Tenure of Land and Development Permission
Saiful Nizam Hj Ali
At -Tamyeel Real Estate […]
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Thomas Sim PEA2066 wrote a new post, Premium v Charge v Development Charge 2 years, 9 months ago
Q.
What are the differences between Premium, Charge and more specific Development Charge? How about change of category of use?A.
PREMIUMLand premium or additional premium is the tax payable to the State for […]
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Thomas Sim PEA2066 wrote a new post, Value of Sales Agent in Developer Project Sale 2 years, 9 months ago
Q.
How does a sales agent create value and achieve customer satisfaction in a developer project sale?
A.
Generally, there are two types of sales agents in a developer project sale, namely developer own sales […]
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Thomas Sim PEA2066 wrote a new post, PLC in Real Estate – Hard to write? 2 years, 9 months ago
Q.
Illustrate how Product Life Cycle (PLC) is seen in real estate product. You are encourage to use a project sample to illustrate how PLC affects the strategies of project marketing.
A.
Product Life […]
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Thomas Sim PEA2066 wrote a new post, PLC in Real Estate – Hard to write? 2 years, 9 months ago
Q.
Illustrate how Product Life Cycle (PLC) is seen in real estate product. You are encourage to use a project sample to illustrate how PLC affects the strategies of project marketing.
A.
Product Life Cycle is […]
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Thomas Sim PEA2066 wrote a new post, Different types of assets and reasons why depreciation occurs Q1 2 years, 11 months ago
Q.
a) Define and classify different types of assets. (10 marks)
b) Explain two (2) reasons why depreciation may occur on an asset. (10 marks)
(20 marks)
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Thomas Sim PEA2066 wrote a new post, 4 stages of accounting Q2 2 years, 11 months ago
Q.
Explain the four (4) stages of accounting.
(20 marks)
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