Category Archives: Lifestyle

New double story house for sale Puchong -review
gated and guarded
gated and guarded
gated and guarded

New double story house puchong situated at greenery and nature forms an attractive at themed park and pocket garden whether it’s for playtime, relaxation or take the sights for outdoor activities.

This people-eccentric neighborhood boasts a clubhouse with recreational facilities for the residents. The stand-alone clubhouse is having the following facilities for it’s resident eg. Swimming Pool, Wading Pool, Playground, Gym Room, Yoga Room, Badminton Hall, Multi-Purpose Hall, Sauna & Cafeteria.

Excellent township amenities

  • 16 inter-connected themed garden
  • Internatinal and private school
  • Clubhouse
  • Commercial retails
  • MRT
  • Center park

Property Descriptions

  • Location : Puchong Selangor
  • Tenure : leasehold
  • Land size : 22 x 75
  • Build-up : 2540 sqf (fully build at the back )
  • 4 bedrooms and 4 bathrooms
  • Gated and guarded community.

Furnishing included

  • Digital lock set for main door
  • Solar hot water system 
  • Home alarm system
  • Internal skylight.

Special promotions available contact us today.

Reach us

 

012-2928392

Skyluxe on the park – review
skyluxe on the park bukit jalil

Elevated living in bukit jalil

Exclusivity at prime spot in Bukit Jalil. Located upon a luxuriant park the freehold residential suites around you are dazzling amenities such as the scenic golf resort , 80-acres recreation park and thrilling retail mall.

Luxurious Views Par Excellence

Nestled within the green lungs of Kuala Lumpur, the Bukit Jalil Recreation park ,Golf and Country Resort are truly a sight to behold where the 165-acre elite leisure getaway forms a lush backdrop that enhances its tranquil environment.

While you are honing your golfing skills, there is a plethora of leisure activities to be enjoyed by everyone in the family.

.

Lifestyle Indulgences Within Reach

For your much needed coffee fix, a casual catch-up with friends or
weekly shopping spree to Pavilion 2 mall where the premium shopping and entertainment as the mall is accessible via a link bridge situated just 0.5km away from SkyLuxe On The Park.The modern conveniences of life. Right at your doorstep.

 

 

skyluxe on the park bukit jalil

24 comtemporary lifestyle facilities

Infinity Water Wall
Guard House
Maze Garden

Jacuzzi
Wet Deck
Infinity Pool
Wading Pool
Function Terrace
Pool Deck
Floating Cocoon

Sky garden

Buying Property 2020

buying house year 2020
buying house year 2020

The start of a new decade often spurs people on to make financial decisions and goals, and if one of yours is to buy a house, you may be wondering whether 2020 is the right time to do so. The answer? It depends.

Should you buy a property 2020 ?

One good reason to buy a home this year? Mortgage rates are at an all-time low. As of this writing, buyers with a credit score of 760 or above could qualify for a 3.301% APR on a 30-year fixed mortgage.

Whether now’s the right time to buy a home should largely boil down to your personal financial circumstances more so than mortgage rates and housing market inventory. Keeping the above in mind, this year could be the right one to buy a home if you can check the following

Keeping the above in mind, this year could be the right one to buy a home if you can check the following

  • You have good credit. Though it’s possible to qualify for a mortgage with a lower credit score, the higher yours is, the more likely you are to get approved for the most competitive rates available. And that could be your ticket to making home ownership more affordable.
  • Your current debt load is manageable. Your debt-to-income ratio measures your monthly debt obligations relative to the income you bring in. The lower it is, the greater your chances of getting approved for a mortgage. But home loan approval aside, having less debt means you’re better equipped to take on the expense of a home, so rather than focus on that ratio alone, think about how you’re managing the debts you already have. If you can pay them easily, then taking on more debt in mortgage form is something you can likely swing, but if you’re already struggling, you may want to hold off.
  • You have a solid amount of savings. You need savings to not only make a down payment on your home but also to keep up with its ongoing costs and buy yourself protection in the event of unplanned repairs. Ideally. On top of that, you should have enough money left over to cover three to six months of essential living expenses, housing costs included.
  • You have a steady job. If you’ve been with the same company for years, have a good reputation, and have reason to believe your job is stable, then this year may be a good one to buy. But if you’re not confident in your job situation, it definitely pays to wait a few years, get settled at a new company or in a new career, and then move forward with your home buying plans.
New OPR Rate By Bank Negara Malaysia

Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR) by 25 basis points (bps) to a record low of 1.75%

OPR rate by BNM

Including latest OPR cut, BNM has slashed the OPR four times so far this year for a cumulative 125bps reduction.

On Jan 22, 2020, BNM cut the OPR by 25 bps to 2.75% followed by another 25bps reduction on March 3 to 2.5%.

On May 5, BNM slashed the OPR by 50 bps to 2.00 and now witn the latest low cut rate of 1.75%.

The Impact of covid -19

The impact of COVID-19 on the global economy is severe. Global economic conditions remain weak with global growth projected to be negative for the year.

Although a trough is expected in the second quarter, broad-based weakness in labor markets and precautionary behavior by households and businesses could affect the recovery going forward and the pace and strength of the recovery, however, remain subject to downside risks emanating from both domestic and external factors.

Several major economies have begun relaxing measures to contain the COVID-19 pandemic, leading to the gradual resumption of economic activity. 

The reduction in the OPR provides additional policy stimulus to accelerate the pace of economic recovery. The MPC  (Monetary Policy Committee) will continue to assess evolving conditions and their implications on the overall outlook for inflation and domestic growth. opr rate

skyluxe on the park bukit jalil

Covered a total land area of 1.85 acres and has it built-up areas from 661 sq ft to 1,224 sq ft

Skyluxe On The Park comprising with two tower  standing at 44 store’s (block A) and 43 store’s (block B) respectively. 

Consists total of 477 units serve by 4 elevators, 

The car park levels are located from Ground floor to Level 8 and parking lot for every unit are in between 1 to 3 car park bays.

The facilities podium is located at level 9 and level 10.

A Panoramic view of Kuala Lumpur skyline for type a and type c of tower B & A respectively.

The selling prices from approximately RM 500,000 to RM900,000 before discount, which is equivalent to around RM700 per square feet.

Maintenance fee is priced at RM0.35 per square feet, including the sinking fund.

Alluring Designs & distinctive layout

skyluxe on the park layout

Type A

661 – 727 sf

skyluxe on the park layout

Type B

1011 – 1083 sf

skyluxe on the park layout

Type B1

1024 – 1087 sf

skyluxe on the park layout

Type C

905 – 978 sf

skyluxe on the park layout

Type D

1140 – 1205 sf

skyluxe on the park layout

Type D1

1130 – 1224 sf

Lifestyle facilities

skyluxe on the park bukit jalil
skyluxe residence bukit jali

Furnishing

  • Air conditioners
  • kitchen cabinets
  • Hood and hob
  • Electrolux double door refrigerator.

Accessbility

LRT

  • Awan besar
  • Bukit jalil
  • Sri petaling
  • Bandar kinrara

Accessbility

Highway

  • Bukit jalil
  • KL-Seremban
  • KESAS highway
  • MRR2
  • MEX
  • Sungai besi
  • LDP.

Sport & Recreation

  • Bukit jalil recreation park
  • Bukit jalil golf & country resort.
  • Bukit jalil National sport complex.

Education

  • International mMedical University (IMU)
  • Asia Pacific University
  • Bukit jalil sport school
  • Primary & secondary school bukit jalil.

Shopping Mall

  • Upcoming Pavilion 2 mall
  • Upcoming Paradigm mall KL-OUG
  • Giant hypermarket

The Park Sky Residence – Review
the park sky residence bukit jalil review

The Park Sky Residence service residence @ Bukit Jalil City is a Freehold residential and commercial development that is located in the developing Bukit Jalil Neighborhood.

It is an integrated development that is well equipped with infrastructures for business, dining, living, entertainment, and retail at the park sky residence Jalan Persiaran Jalil 3, Bukit Jalil City Kuala Lumpur.

The Park Sky Residence covers 7.3 acres of land. Separate into four towers layouts and total of 1098 units.

In views Tower A has 40 levels and 251 units, Tower B has 46 levels and 298 units, Tower C has 46 levels and 298 units also and Tower D has 40 levels and 251 units.

The built-up space of this property is from 868 – 1,565 square feet. It has six different design layouts.

Type A which has a dual key has a built-up space of 1,565 square feet, three bedrooms, and bathrooms.

 

Type B1 has a built-up space of 1,103 square feet, three bedrooms, and bathrooms.

Type B2 has a built-up space of 1,044 square feet, two bathrooms, and three bedrooms.

Type B3 has a built-up space of 1,061 square feet 2 bathrooms and three bedrooms.

Type C1 has a built space of 953 square feet, two bedrooms, and two bathrooms.

Type C2 has a built-up space of 868 square feet, two bedrooms and two bathrooms.

The residential levels are from level 7. Total 44 retail units are in the 2 and three story from the ground floor. There are eight units per floor.

The price is from RM 750,000 while the price per square feet is from 91 – RM 1,233. Price per month RM 3,425 while the maintenance fee is RM 0.35 per square feet .

Accessibility

This residence is accessible through Bukit Jalil, MRR2 Highway, KESAS Highway, Mex Highway, KL –Seremban Highway, LDP and Sungai Besi which are all well connected to Jalan Persiaran Jalil 3 and also via Federal Highway, Maju and SKVE Expressway.

Education Hub Nearby

There are primary, secondary, specialist and international schools surround such like SMK Bukit Jalil (Secondary), Sekolah Sukan Bukit Jalil, Australian International School Malaysia.

Local primary school SJK(C) Yoke Nam, SJK(C) Lai Meng, SJK(C) Bukit Serdang, SJK(C) Ladang Harcroft, Taman OUG, SMK Seksyen 1 Bandar Kinrara .

And also Asia Pacific University of Technology & Innovation (APU), Technology Park Malaysia College, International Medical University (IMU), FTMS College and Asia Pacific Institute of Information and Technology (APIIT)

The Sky Park Residence – Features

The Park Sky Residence has units that are partially furnished, with a built-in kitchen, sink, Electrolux washer cum dryer, refrigerator, microwave, water heater for the master bedroom.

This property has one of its sides facing the Bukit Jalil recreational park that covers 80 acres of land and accessibility to this park has been made easy for residents with a linked bridge, it has also neighboring with Bukit Jalil Golf and Country Club.

The other side faces the pavilion shopping mall. Bukit Jalil has good connectivity and accessibility and also has a good level of convenience and is being tipped by some to become another Kuala Lumpur. .

Facilities & Amenities

Facilities includes a 50-meter Olympic-sized swimming pool, sky gym, spa and aromatic pool, kids water playground, tea pavilion, sky retreat, lily pond, perimeter fencing, multi-purpose hall, six car park levels, lift lobby, and it has a 24 -hour 3 -tier security system.

  • Basement car park
  • Drop Off Point
  • Perimeter Fencing
  • Lift lobby
  • Main entrance
  • Multi-purpose hall
  • Playground
  • 24 hours security
  • Swimming pool
  • 4 passages + 1 service lift
  • 10 feet High ceiling 

https://youtu.be/vSIMTkvTrGU

Units for sale & let

Discover more

Home Ownership Campaign 2020

The HOC was a government initiative designed to support home buyers looking to purchase property. At the same time, it also encouraged the sales of unsold properties in Malaysia’s housing market.

With growing desire for home ownership among-st Malaysians, particularly in popular urban areas, the HOC initiative was designed to match aspiring home-seekers with all those empty homes.

The Home Ownership Campaign (HOC), which ran throughout 2019, was designed to encourage the increase in home ownership among Malaysians. And now, it’s back again from June 2020 till 2021.

The financial incentives & benefit that were offered as part of the scheme.

Full stamp duty exemption till RM1 million

Under the scheme, successful applicants enjoyed 100% stamp duty exemption on Instrument of Transfer for any residential home purchase up to the value of RM1 million.

Partial stamp duty exemption till RM2.5 million

For properties worth more than RM1 million up to RM2.5 million, you paid 3% stamp duty on the Instrument of Transfer for the amount that’s more than RM1 million.

Property PricesStamp Duty
First RM100,000Exempted
RM100,001 to RM500,000Exempted
RM500,001 to RM1,000,000Exempted
RM1,000,001 to Rm2,500,0003%

How do you save on it ?

assume your property purchased price was RM500,000 in between with & without HOC scheme.

without HOCwith HOC
Down payment (500,000 x 10%)RM50,000RM0
Stamp duty on loan (450,000 x 0.5%)RM2,250RM0
Stamp duty on MOT (100,000 x 1% +
350,000 x 2 %)
RM8,000RM0
Total costRm60,250RM0

Comparison chat

Stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 to RM2.5 million (subject to at least 10% discount provided by the developer).

The exemption on the instrument of transfer is limited to the first RM1 million of the property price, while full stamp duty exemption is given on loan agreement effective for Sale and Purchase Agreement (SPA) signed between 1st June 2020 to 31st May 2021.

Instruments on secure loan exemptions.

Instruments on secure loan exemptions.

All properties within the scheme enjoyed a further stamp duty exemption on the Instrument of Securing Loan up to Rm2,500,000 purchase price.

Eligibility (term & conditions)

The Home Ownership Campaign covered registered residential properties with a value between RM300,000 and RM2.5 million. Those properties must be registered with the relevant authority for each region. it’s important to note that properties classified as a SoHo, SoFo, or SoVo were not qualified for the HOC either.

Eligibility only applies to those registered residential properties listed by developers within the scheme. covered registered residential properties with a value between RM300,000 and RM2.5 million. Those properties must be registered with the relevant authority for each region.

Know more about home ownership campaign 2020

Know more about home ownership campaign 2020

Does it apply to secondary markets?

No, the HOC 2020 only applied to new properties registered under the campaign from specific developers.

Did all properties receive a 10% discount?

minimum 10% discount applied on all properties within the scheme, with the exception of those subject to government price controls.

Can I buy multiple properties under the campaign?

Yes, you can. There was no limit to the number of properties you can purchase, and get stamp duty exemptions for all, under the HOC 2020.

Do I have to pay a fee to participate?

No, the campaign is free. Developers must pay a registration fee but that does not apply to home owners.

What was the exemption amount on the Instrument of Loan?

The exemption on an Instrument of Loan amount covers 0.5% of the loan agreement. That amount covers the standard stamping fee for such an instrument.

**Details of the home ownership campaign 2020 will be updated upon the official release of government gazette.

政府将会再度推出“拥有房屋运动”计划,购买房屋价格介于30万至250万令吉之间将可豁免地契 转让及贷款合约的印花税。至于地契转让方面,免印花税仅限于房屋价值的首100万令吉。

这项豁免 适用于今年6月1日至2021年5月31日之间签订的买卖协议,但须遵守发展商给予至少10%折扣的条款。

The Penjana Malaysian Ecomonic Recovery Plan

The government will extend the Wage Subsidy Programmed worth RM5 billion for another three months to promote employee retention and reduce layoffs.

Prime Minister Tan Sri Muhyiddin Yassin, in announcing the Economic Recovery Plan (Penjana), said the wage subsidy was well received when it was introduced in the Prihatin Rakyat Economic Stimulus Package in March and April.

He added that the wage subsidy is set at RM600 per month per employee, for up to 200 workers per company.

Muhyiddin said that under this initiative, the wage subsidy would also be applicable for employers in the tourism sector or other sectors prohibited from operating during the Conditional Movement Control Order.

“Employers are allowed to apply for the wage subsidy for employees on unpaid leave, but employees must receive the subsidy directly.”

Meanwhile, Muhyiddin said the government would introduce a Hiring Incentive Programme worth RM1.5 billion to encourage the hiring of the unemployed.

He said it was estimated that this incentive would benefit 300,000 job seekers through two initiatives.

“The first is to hire unemployed people aged below 40, with an incentive of RM800 per month per worker.

“The second is to hire unemployed people aged 40 and above and disabled persons with an incentive of RM1,000 per month per worker,” he said, adding that the incentives would be provided for up to six months.


政府推行短期经济复苏计划重点:总值:350亿令吉

1.推出聘请员工奖掖计划,以鼓励雇主聘请失业人士,预料会有30万名失业者受惠。若聘请40岁
以下的人士,政府将会津贴员工每月800令吉的薪金;而40岁以上者及残疾人士,则会给予每月津贴
1000令吉。

  1. 额外拨出20亿令吉作为重振中小型企业经济,每名中小型企业最多可获得50万令吉。
    3.提供总值10亿令吉的旅游融资计划,助于推动旅游业发展。
    4.为所有用户提供免费1GB上网数据,浏览教育、政府官网及关于疫情的网站,直到12月31日。
    5.发出一次性的300令吉津贴予国内30万残疾人士和单亲妈妈。
    6.政府将推出“MY30”无限乘搭公共交通月票优惠,民众只需购买30令吉的月票,就可在雪隆地区无
    限乘搭国家基建公司(Prasarana)之下的所有公交系统,这项计划将于6月15日起生效,直到2020
    年杪。
    7.推行7亿5000万令吉的e-Penjana计划,从今年7月开始,每名电子钱包用户将会获得50令吉现金

    8.民众购买个人防护装备(PPE)及进行冠病检查的费用,将可获得税务折扣。
    9.政府将额外拨出5000万令吉援助金予低收入群体(B40),作为进行健康检查及购买药物的援助津
    贴。
    10.延长薪金补贴计划长达3个月,并拨出50亿令吉,每位员工每月可获得600令吉的薪金补贴,而每
    家公司最多有200名员工受惠。
    11.以配对资金形式提供5000万令吉的补助金,为大马社险机构(PERKESO)灾难计划和“自愿储
    蓄退休金计划”(i-Saraan)的会员提供经济平台。
  2. 政府批准国内组装车豁免征收100%的销售税,从国外进口的汽车则免征50%税务。
    13.从2020年7月1日起至2021年6月30日,全面免征旅游税。
    14.旅游业公司的税收期延长至今年12月31日。
    15.若雇主购买手机、笔记本电脑或平板电脑给予员工,将可获得高达5000令吉的税务折扣,这也是
    政府为鼓励小型企业在疫情期间实行居家工作的措施。
    16.政府将会再度推出“拥有房屋运动”计划,购买房屋价格介于30万至250万令吉之间将可豁免地契
    转让及贷款合约的印花税。至于地契转让方面,免印花税仅限于房屋价值的首100万令吉。这项豁免
    适用于今年6月1日至2021年5月31日之间签订的买卖协议,但须遵守发展商给予至少10%折扣的条
    款。
Bantuan Prihatin Nasional (BPN)

Bantuan Prihatin National BPN is one of the government aids that is provided under the economic stimulus package. It is a one-off aid that is given to the B40 and the M40 community.

The bantuan prihatin national BPN given to the B40 community is based on the database from the Bantuan Sara Hidup (BSH). The BPN for the M40 community is based on the Inland Revenue Board’s (LHDN) taxpayer database.

Qualifier to receive the B40 & M40 for Bantuan Prihatin National BPN

Instant checking bantuan prihatin national



A: The category that is qualified to receive the B40 BPN are as below:-

i) Household

a) Married; or

b) Single parents/ widower/ widow reporting child information on the BSH 2020 application.

c) Household income RM4,000 and below.

ii) Single

a) Single or single

parents/ widower/ widow with no reporting child information on the BSH 2020 application.

b) Above 21 years old including senior citizens (60 years old and above).

c) Single income of RM2,000 and below.

The category that is qualified to receive the M40 BPN are taxpayers registered with LHDN with status as below:-

i) Household

a) Married

b) Single parents/widower/ widow based on the taxpayer data base.

c) The monthly aggregate income between RM4,001 and RM8,000 based on their recent income tax return forms (BNCP).

ii) Single

a) Individuals who are single in the tax data base.

b) Above 21 years old.

c) Monthly income between RM2,001 and RM4,000 based on their BNCP.

iii) Taxpayers who are Malaysians living in Malaysia.

Payment release for the B40 and M40 community will be made in April and May.

The B40 payments will be made via:-

a) There is information on the account – the payments will be credited into the account.

b) If the payment status is credit failure – payments will be made via cash at Bank Simpanan Nasional.

c) No account – payments will be made via cash through Bank Simpanan Nasional.

The M40 payments will be made via:-

a) Payments will be made through bank accounts listed under the BNCP.

b) Payments will be credited into the bank account of the head of the household.

c) If joint assessment was made during the BNCP, then the payments will be credited into the bank account of the taxpayer who made the joint assessment.

If the payment status is credit failure, then the payment will be made via cash through Bank Simpanan Nasional.

Under the M40 BPN:

Applicants can update their bank information through the e-Kemaskini application at https://ez.hasil.gov.my/ci/ to ensure that their bank information is up to date and is active. Ensure that the bank account is under the name of the account holder.

How to check the status of your BPN payments ?

Recipients who are qualified to receive the B40 and M40 can check their status starting April 1.

The Bantuan prihatin national BPN database will be based on:-

a) Under the B40: the list of approved BSH recipients.

b) Under the M40: the list of income tax payers who meet the BPN income criteria.

Recipients can check their status via:- a) LHDN: http://www. hasil.gov.my

b) BSH: https://bsh.hasil.gov.my

c) Finance Ministry: https://www.treasury. gov.my

How to check your approval states / make a new applications .

Try here:

https://bpn.hasil.gov.my

Will BPN recipients living in the interiors of Sabah and Sarawak receive their payments by April?

No. BPN B40 payments for those living in the interiors of Sabah and Sarawak will be made in a one-off payment together with their BSH payments.

the payment method will be made through the opening of counters in the interiors of Sabah and Sarawak which will be coordinated by the Sabah and Sarawak Treasury through the Finance Ministry. The date and the location will be made known later.