2023

Investing in Real Estate 101 in a Recession (Malaysia)

A sudden recession can have a significant impact on the real estate market, causing prices to decline and making it a challenging environment for investors. However, despite the challenges, real estate can still provide a viable investment opportunity during a recession if approached with caution and a solid understanding of the market. Here are some tips for investing in real estate during a sudden...

Telegram + RUMAWIP = Cash Flow

The majority of RUMAWIP is dense, and that can be a positive factor. Telegram here can be a useful tool for businesses looking to reach customers in a the same condominium. Here are some ways businesses can use Telegram for location-based marketing: Geo-targeted groups: Businesses can create Telegram groups based on location and invite customers within that area to join. This allows businesses to send...

RUMAWIP and BRRRR Strategy

High property costs make it hard for city dwellers, particularly those on low salaries, to buy and own a home. As a result, the RUMAWIP program was formed to provide residents of the Federal Territory with comfortable, high-quality, and affordable housing. This is never meant to encourage anyone to use it as an investment. Nevertheless due to the 10 years clause of not allow to be sold, BRRRR strategy is...

Residensi Desa Timur Actual Address

There is many misinformation going around about the location. Rest assure it is located in Sungai Besi and NOT in Bukit Bintang. Site Address : Lot 481729 (PT 9749), Jalan Sungai Besi, Salak Selatan, Mukim Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur. Google Maps : https://goo.gl/maps/kAG7qn77UgD7roaWA Please DO NOT apply for this project if you are looking for Bukit Bintang...

Making Money in RUMAWIP?

Telegram, a popular messaging app, has become an essential tool for local businesses to market their services. One of the most popular strategy is creating a local group offering a specific service to its members, making it easy to access rather than offering variety of services which the group will be full of SPAM. If you opt to create a Telegram Channel, it will not be location based by default. The...

Official Residensi Wilayah (2023)

RUMAWIP (Rumah Mampu Milik Wilayah Persekutuan) is launched on March 28, 2013. During GE 13, Pakatan Harapan won the election and renamed it to Residensi Wilayah on 13 May 2019, with a new size requirement of "Minimum 900 square feet" imposed by then Federal Territories (FT) Minister Khalid Abdul Samad. After the Sheraton Move, the name remain the same till Dato' Sri Ismail Sabri bin Yaakob is elected...

Jabatan Wilayah Persekutuan

The Ministry of Federal Territories, also known as Kementerian Wilayah Persekutuan (KWP) in Malay, has undergone a name change to Jabatan Wilayah Persekutuan (JWP). The change was announced by the Chief Secretary Tan Sri Mohd Zuki Ali in December 22, 2022. It will be led by Datuk Seri Rosida Jaafar reporting directly under Prime Minister's Department. This explains why the current KWP website...

RUMAWIP OF THE YEAR (2024)

Are you dreaming of owning an affordable yet desirable home in the coveted neighborhoods of TTDI (Malay Reserve Land)? The wait is finally over! In this blog, we unveil the most anticipated RUMAWIP (Federal Territories Affordable Housing Project) developments in TTDI that are set to make waves in 2024. These projects offer an incredible opportunity for aspiring homeowners to own a property in prime...

RUMAWIP’s Room Rental Strategy

There are a few strategies that can be used when it comes to renting out a room in your RUMAWIP. These strategies can help you effectively let out your room to the right tenants to help with your mortgage if needed. This is an excellent backup plan when the next recession hits in 2023. Determine the right rent price: Before you start marketing your rental, it's important to determine the right rent...

Bank Scorecard on RUMAWIP’s Loan

A bank scorecard is a tool used by mortgage lenders to evaluate the creditworthiness of potential borrowers. It is used to determine the likelihood that a borrower will default on their mortgage loan and to assign a risk rating to the borrower. The scorecard takes into account a variety of factors that are relevant to a borrower's creditworthiness, including their credit history, debt-to-income ratio, and...

Compare listings

Compare