Dividend by EPF Malaysia for year’s 2022

March 7, 2023 / 0 comments / 81 views / Tags: epf, Malaysia / Category: Articles, Lifestyle

Dividend by EPF Malaysia

Dividend by EPF Malaysia announced a dividend rate of 5.35% for it’s 2022 conventional saving and 4.75% for Syariah.

The table chat

Year	Conventional	Syariah
2022	5.35%	4.75%
2021	6.1%	5.65%
2020	5.2%	4.9%

Semakan Dividen 2022

EPF member are able to check the amount of dividends 2022 that have been credit into statement account from March 4, 2023 online .

Guarantee Dividend

The guarantees a minimum of 2.5% for Conventional account through approve investments to ensure that your saving are secured.

Annual payout is credit based on your savings as at 1st January yearly and calculate based on your daily aggregate balance.

Mandatory and voluntary

Under voluntary Individual employed, self-employ or business owners are eligible to contribute based on their own requirement.

Whereas your monthly contribution will earn dividend base on day’s in the month of said contribution until the end of that year.

Mandatory Rate

11% Employee compulsory contribute rate.

13% Employers Compulsory contribute rate ( salary RM5,000 & below)

12% Employers compulsory contribute rate ( salary RM5,000 & above)

Annual Tax Exemption

Tax-deductible up to a maximum amount of RM4,000 or more subject to amendments ( if any) by the government.

Withdraw of EPF Savings are free from paying income tax and returns on the EPF investment are also tax-exempted.

马来西亚公积金局的股息

马来西亚公积金局的股息宣布其 2022 年传统储蓄的股息率为 5.35%，伊斯兰教的股息率为 4.75%, 公积金局会员可以在线查看从2023年3月4日起存入报表账户的2022年股息金额.

公积金局通过批准的投资为常规账户提供至少 2.5% 的保证，以确保您的储蓄有保障, 年度支出是根据您每年 1 月 1 日的储蓄计算的，并根据您的每日总余额计算.

在自愿的情况下，受雇个人、个体经营者或企业主有资格根据自己的要求缴款, 而您的每月供款将在该供款月份的当天赚取股息，直至该年年底.

根据政府的修订（如果有），最高可扣税 RM4,000 或更多, 
提取公积金储蓄无需缴纳所得税,公积金投资的回报也免税.

Bukit Jalil residence review

March 6, 2023 / 0 comments / 57 views / Tags: Apartment for rent, Apartment for sale, bukit jalil, condominium for sale, pavilion mall bukit jalil / Category: Articles, Condominium, studio residence, Lifestyle, service residence

Bukit Jalil Residence review

Bukit Jalil City is a urban city that has a divers residential community offers a wide range of housing options from high-rises apartments and condominiums to commercial and landed property.

Catering to difference budgets and lifestyles comprises both locals and expatriates including families, young professionals and students.

Access & Transportations

Well-connected and easily accessible via several highways including the Bukit Jalil highway, KESAS and MEX expressway. It’s also served by a network of roads making it easy to reach the areas.

The public transportation providing access options include the Sri Petaling , the Awan Besar Bukit Jalil LRT stations, Bus terminal provide buses to other parts of the city and grab car services.

Education

Several educational institutions including the International Medical University (IMU) , the Asia Pacific University of Technology and Innovation (APU) , the Technology Park Malaysia College (TPMC) and the Bukit Jalil Sports School.

Medical

Medical is well-served by medical facilities. The closest famous hospital such as Sunway Medical Centre, Subang Medical Centre, Columbia Hospital Puchong which is a short drive away.

Amenities

Offers a range of amenity for its residents including shopping malls, retails, restaurants, cinema, cafes and entertainment outlets.

The pavilion 2 will be the main shopping mall in the area, other nearby amenities like Aeon big, the link 2, Aurora and the Earth which offer additional shopping and dining options.

Facilities

Extensive range of condo facilities including a gym, swimming pool, playground, function room and BBQ area. The 80 acres Recreation Park also features landscaped garden and green spaces provide a peaceful retreat from the busy city life.

Residences options Bukit Jalil

The park sky residence
The Park 2
Skyluxe Bukit Jalil
KM1 condo
Twin arkz condo
The treez
The link 2
Aurora
Signature office Bukit Jalil
The Tropika
The Harve

Park sky residence

Skyluxe residence

Twin arkz condominium

Property Investment in Malaysia year’s 2023

February 12, 2023 / 0 comments / 57 views / Tags: Apartment for rent, Apartment for sale, bukit jalil, condominium for sale, ioi resort city / Category: Articles, Lifestyle

Property Investment in Malaysia

Malaysia economic is expected to continued growth in year’s 2023 which can lead to increase the demand of properties and potentially drive up the property prices.
Medium-low interest rates are easier, advantage and more affordable for individuals to obtain financing for property purchases.
Malaysia government has implement various incentives to encourage investment to the property market included tac incentives and foreign ownership restrictions.
Government Significant allocate in infrastructure including transportation and communications can improve the livability and property demand of the country.
By increasing number of tourists visiting Malaysia after MCO, there is potential for rental income from properties in tourist hotspots.
Also by increasing number of businesses there is demand of industrial property .
Wide range of property options providing opportunities for investment in various segment including industrial, residential, commercial and land.

Several advantages Investing in property

The value of property will appreciate over time, it’s providing potential source of long-term wealth.
Properties could generate rental income providing a steady source of passive income.
Diversify your investment portfolio reducing your overall rick.
Unlike stocks or share, Property is a tangible asset that physically see and touch.
As the cost of living are increases over time, the rental income could help keep pace in inflation.
You have more control over your investment as an owner to Sell and Rentals.

Investment hotspot

Purchasing property in Bukit Jalil and IOI Resort City could offer several benefits

Bukit Jalil is w well established residential area located in the heart of Kuala Lumpur while IOI Resort City is a well-planned, integrated resort city located in the south part of Selangor. Both areas offer convenient access to various amenities like shopping malls, international school, golf club and medical facilities.
With the demand for property in these areas increase, the value of property likely to increase over time that providing potential for your capital appreciation.
Properties in Bukit Jalil and IOI Resort City are high in demand making them a good investment option to generate capital increment and rentals income.
IOI Resort City offers a range of lifestyle amenities including Parks, golf courses, shopping mall and retails which could provide a high quality of life for residents.
Bukit Jalil and IOI Resort City are undergoing significant development, with plan for further improvements and expansion in the future.

Selangor state government Welfare Malaysia

November 8, 2022 / 0 comments / 440 views / Tags: Article, Lifestyle, Malaysia, Selangor citizen welfare / Category: Articles, Lifestyle

Selangor state government welfare

Did you know the benefits giving by The Selangor State Government Malaysia SSIPR to ALL it’s citizens. ( T&C apply)

SSIPR Selangor

New born baby Rm1,500
Golden Age friendly scheme Rm100 monthly
Preschool Rm50 monthly
Free tuition classes
Rm1,000 when you enter College / University
Funeral expenses Rm2,500
KISS RM200 monthly Basic Necessity for B40 mothers group
Bus Smart Selangor
Benefit Program up to RM350
Free Mammogram checkup
Up to Rm500 yearly Medical expenses
0% interest Business loan up to Rm30,000
Free internet access – WIFI Smart

雪兰莪州政府给予所有公民的福利.（条款和条件适用）

新生婴儿 Rm1,500
黄金时代友善计划每月 Rm100
学前班每月 RM50
免费补习班
当你进入学院/大学时 RM1,000
丧葬费 Rm2,500
KISS 每月 RM200 , B40 妈妈组基本必需品
免费巴士
高达 RM350 的福利计划
免费乳房 X 光检查
每年高达RM500的医疗费用
0% 利息商业贷款高达 Rm30,000
免费上网 - WIFI 智能

KISS – kasih Ibu Smart Selangor

To appreciate the great sacrifice of mothers, the Selangor State Government introduced a special welfare program among low-income groups B40.

为了感谢母亲们的巨大牺牲，雪兰莪州政府推出了一项针对低收入群体 B40 的特殊福利计划.

Selangor state government welfare Malaysia to its citizens.

Bus Smart Selangor

The Selangor State Government has provided free bus services to to 3 Selangor Authorities namely Shah Alam City Council (MBSA) , Subang Jaya Municipal Council (MPSJ) and Klang Municipal Council (MPK).

雪兰莪州政府已向 3 个雪兰莪州政府提供免费巴士服务，即莎阿南市议会 (MBSA)、梳邦再也市议会 (MPSJ) 和巴生市议会 (MPK).

Benefit Program

Provision of temporary assistance given to eligible Selangor citizens up to RM350 per month to obtain basic needs in case of unavoidable life problem.

每月向符合条件的雪兰莪州公民提供高达 350 令吉的临时援助，以满足在不可避免的生活问题时的基本需求.

Voucher assistance

You can obtain vouchers specifically for low-income people in the State of Selangor to buy essential items for Hari Raya Aidilfitri , Chinese New Year and Deepavali celebrations.

您可以获得专门针对雪兰莪州低收入人群的优惠券，以购买开斋节、农历新年和屠妖节庆祝活动的必需品.

Health Care Insurance Scheme

Under the Health Care Insurance Scheme program, policy holders are entitle to basic health treatment benefits every year and basic coverage covering death, accident and critical illness coverage.

根据医疗保险计划计划，保单持有人每年都有权获得基本医疗福利和包括死亡、意外和重大疾病保险在内的基本保险.

Mammogram Scheme

Under the Women’s Health Scheme providing free mammogram screening services to all women in the State of Selangor.

根据妇女健康计划，为雪兰莪州的所有妇女提供免费的乳房 X 光检查服务.

Healthy Help ( Bantuan Sihat )

This program to help low income Selangor citizens to get healthy treatment for minor surgery , Kidney dialysis , eye cataracts , prosthetic legs and other treatments that will be considered.

该计划旨在帮助雪兰莪低收入公民获得小手术、肾透析、眼白内障、假腿和其他可以考虑的治疗的健康治疗.

Rumah Selangorku Scheme

Eligible Selangor Citizens can apply to own house worth no more than RM250,000 through the Rumah Selangorku Scheme.

符合条件的雪兰莪公民可以通过 Rumah Selangorku 计划申请拥有价值不超过 RM250,000 的自己的房屋.

Technical & economic initiative

Smart Selangor Technical Skills and economic Initiative Program is a technical certification course where fees are fully covered by the Selangor State Government included fix allowance of RM300 per month.

Smart Selangor Technical Skills and Expertise Initiative Program 是一项技术认证计划，学费由雪兰莪州政府全额支付，另外还有每月 300 令吉的额外津贴.

Fund Scheme

Through this scheme the Selangor State Government will buy houses and Rent them out to low-income buyers. The house will be sell with the selling price minus a portion of the Rental paid. Participants of this program can carry out the purpose of purchasing the house unit in question within a period not exceeding 25 years at the original price of the house starting from the date it was first rented.

通过这项计划，雪兰莪州政府将购买房屋并将其出租给低收入买家。然后房子将以售价减去已付租金的一部分出售。该计划的参与者可以在不超过 25 年的期限内以房屋最初出租之日起的原价购买有关房屋单元的目的.

Smart Rent Scheme

The Smart Rent Scheme provides opportunities for low and medium-low income groups who are unable to make purchases,. Rumah Selangorku offered a Rental Scheme at a reasonable and affordable rate so that they can finally owned their own home in the State of Selangor.

智能租金计划为无法购买的中低收入群体提供了机会。 Rumah Selangorku 以合理且负担得起的付款率提供租赁计划，以便他们最终可以在雪兰莪州购买自己的房屋.

How to Apply ( 如何申请 )

Applicable Benefits category

Selangor Citizens Welfare by State Government Selangor Malaysia.

BKM – Malaysian Family Assistance

March 4, 2022 / 0 comments / 303 views / Category: Articles, Lifestyle

BKM – Bantuan Keluarga Malaysia

What is a BKM

BKM is a Government cash assistance to the needy to alleviate the cost of living and the burden of Low income citizens targeting groups for B40 households and singles, seniors and single parents.Payments will be make 4 times a year .

Home Loan

Respective Home Loan Package

Home loan playing an important portion on buying a house , there are many types of loans in the market that you can take to pay for the property you intend to buy. Take a look at the four most common home loan packages in Malaysia.

Term Loan

This is the most conventional of all the loans. You pay interest and principal throughout the tenure. In term loan has a maximum tenure of 35 years or age 70, whichever comes first. If you would like to pay more to finish the loan earlier, you will need to inform the bank before hand in order to reduce the principal otherwise the extra payment will go towards prepayment for the following months.

Overdraft

Overdraft, the borrowers only pay interest portion without having to pay the principal. How much interest you are charged will depend on how much you have utilised the overdraft facility. Overdraft is good for businesses cause any surplus funds at anytime can be deposited into the overdraft account, therefore reducing the overdraft balances and consequently, the interest charged, which is calculated on daily rest.

Flexi Loan

Flexi loan is a hybrid between a term loan and overdraft, beside of monthly instalment the borrowers can do any additional repayment at any time without informing the bank. The additional repayment will go towards reducing the interest charged on the flexi-loan facility as the principal owing to the bank has been reduced. extra charge may incur when you pay more towards reducing the principal.

Islamic Loan

Islamic loan uses the Murabahah concept under syariah principle banks will buy the property from the borrower and then rent it back to them. The bank will determine the profit rate in advance after considering the tenure duration , the fixed or floating interest rate are available but the interest on the floating rate is lower than the fixed.

Next: MRTA

Should You Buy A House in Year 2022

July 24, 2020 / 0 comments / 156 views / Tags: Article, market Info / Category: Articles, Lifestyle

To Buy a Home 2022

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 2022 is the right time to do so. The answer? It may depends.

Should i buy an investment property 2022 ?

Whether now’s the right time to buy a home should largely boil down to mortgage rates, low inflation, housing market inventory and your personal financial circumstances, Mortgage rates are recorded at an all-time low, 3.301% BR on a 30-year fixed mortgage.

Keeping the above in mind, this year could be the right one to buy a home .

Advantage when you

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

July 10, 2020 / 0 comments / 326 views / Tags: Article, bank negara malaysia, Lifestyle, opr rate / Category: Articles, Lifestyle

Overnight Policy Rate

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

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

Follow new rate

The Park Sky Residence – Review

June 24, 2020 / 0 comments / 1056 views / Tags: Apartment for rent, bukit jalil, service apartment, The Park Sky Residence / Category: Articles, Condominium, studio residence, Lifestyle

The Park SKy Residence Bukit Jalil – services apartment

Rental range between Rm1800 – Rm12,000 ( included commercial unit )

Sale range in between Rm 750k – Rm 1.5mil

For Enquiries please contact us 0122928392

the park sky residence bukit jalil review

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

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.

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.

Types

B1 – 1,103 square feet, three bedrooms, and two bathrooms.
B2 – 1,044 square feet, two bathrooms, and three bedrooms.
B3 – 1,061 square feet 2 bathrooms and three bedrooms
C1 – 953 square feet, two bedrooms, and two bathrooms.
C2 – 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)

Furnished / Features

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 Golf Course and Country Club.

The other side faces the pavilion shopping mall , it 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

Floor Plan

Type A

1565 sqft / dual keys / 3+ bedroom/ facing the park

the park bukit jalil malaysiapropertys.com

Type B1

1103 sqft / 3 bedrooms 2 bathroom / facing the park

Type B2

1044 sqft / 3 bedrooms 2 bathroom / facing the park

Type B3

1061 sq.ft / 3 bedrooms 2 bathroom / facing Pavilion

Type C1

953 sq.ft / 2 bedrooms 2 bathroom / facing Pavilion

Type C2

868 sq.ft / 2 bedrooms 2 bathroom / facing Pavilion

For Sale and Rent please contact 60122928392

Discover more

Home Ownership Campaign 2020

June 17, 2020 / 0 comments / 414 views / Tags: Article, Lifestyle / Category: Articles, Lifestyle

Home Ownership Campaign

Home Ownership Campaign 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 Prices	Stamp Duty
First RM100,000	Exempted
RM100,001 to RM500,000	Exempted
RM500,001 to RM1,000,000	Exempted
RM1,000,001 to Rm2,500,000	3%

How do you save on it ?

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

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

Total cost	Rm60,250	RM0

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.

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

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?

A 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。