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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.

  1. The group offers baby sitting services for busy parents who need a reliable and trustworthy person to take care of their children. This service is perfect for those who need someone to look after their kids while they are at work or running errands. Parents can find a sitter within the same condo, which is a convenient and safe option. A CCTV monitoring option for parents to check out on their children will be preferred.
  2. Home cook food delivery. This service allows members to order home-cooked meals from local cooks who specialise in various cuisines. It’s a great option for those who want to enjoy a home-cooked meal without having to do the cooking themselves. The food is prepared by the residents of the same condo, which guarantees the authenticity and quality of the food. Whether you want to focus on Halal or Non Halal; both is doable as most RUMAWIP are 50/50 Bumi/Non-Bumi occupied.
  3. E-hailing booking services, which allow members to easily book rides with just a few taps on their smartphones. This service is perfect for those who need to get around town quickly and efficiently. The e-hailing service is available for the residents of the same condo, which is a safe and efficient way to get around. As most RUMAWIP units only have one unit of parking lot, the demand for this service is definitely high. As one venture into this business, eventually private arrangement for monthly payment can be arrange. For example , picking different client from block A, B , C & D to a specific LRT station for a fix monthly payment.
  4. For home repairs and maintenance, the group offers handyman services. Members can request for a handyman to come and fix things around the house such as a leaky faucet or a broken window. The handyman service is provided by the residents of the same condo, which ensures trust and reliability. Most of these skills can be learn in YouTube easily!
  5. Car wash services are also available for those who want to keep their cars looking clean and shiny. Members can request for a professional car wash at their convenience. The car wash service is provided by the residents of the same condo, which ensures high-quality service.
  6. Gym personal trainer services for those who want to improve their fitness. The personal trainer service is provided by the residents of the same condo, which ensures trust and reliability. This can be done in the RUMAWIP gym or can be a group training classes too!
  7. Facial services for those who want to take care of their skin. The facial service is provided by the residents of the same condo, which ensures trust and reliability.
  8. The group also offers swimming class services for those who want to improve their swimming skills.
  9. Pilates class services for those who want to improve their flexibility and strength. For example RUMAWIP Sky Awani 3 roof top garden are join between 3 blocks, it can be use to conduct Pilates classes.
  10. Piano class services for those who want to learn how to play the piano. You will need a piano for this 🙂
  11. Guitar class services for those who want to learn how to play the guitar.
  12. Tuition class services for those who want to improve their academic performance.
  13. Violin classes or those who want to learn how to play the violin.
  14. Creating a group serves as a platform for buying and selling items within the same condo also works, for example naming it Sky Awani 3 Market. Members can post their items for sale and reach out to potential buyers within the same community. This is a convenient option for those who want to sell or buy items without having to leave the comfort of their own community. The buying and selling group allows members to connect with each other and buy or sell goods and services within the same condo. This service is perfect for those who want to save money, time, and hassle when buying or selling items.

All of these services are marketed using the Telegram local group, making it easy for members to access and use them. The services are provided by the residents of the same condo, which ensures trust, reliability, and convenience. The Telegram local channel also allows members to communicate with each other, share information, and make arrangements for the services they need. The majority of RUMAWIP was constructed in congested areas; occupants will prefer not to simply drive out unnecessarily. The greater the density of the RUMAWIP, the greater the opportunity for business. Money does grow on trees when you have an optimistic and creative mindset.

Please subscribe to our Telegram channel for future RUMAWIP launches.

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Cost Effective Marketing Solution for Developers

Rumawip.Com.My is a cost-effective and high-impact marketing solution for your Residensi Wilayah housing projects. This property portal is a platform that connects potential buyers with the latest real estate listings, including affordable housing options.

The portal boasts a significant email and telegram subscriber list, with over five figures, which allows for targeted marketing to a self subscribe interested buyers. By using this property portal to market your affordable housing projects, you can cut costs associated with traditional advertising methods and reach a wider audience. This will help you avoid the high payout commissions that you would get from using the traditional methods and filter out low quality leads from social media advert that delay sales.

In addition, my portal also allows for easy tracking and measurement of your marketing campaigns, providing valuable insights and data to inform future marketing strategies. This will help you to evaluate the effectiveness of your marketing campaigns, and thus you can then optimize your investments in marketing. We use our experience in RUMAWIP sales to educate potential clients on how to prepare for bank loan applications months before they begin their purchase, which reduces sales turn-around time by reducing workload and making the selling process more efficient.

By utilising this property portal, you will see an increase in interest and sales for your affordable housing projects and definitely contribute positively to the process of obtaining the bridging loan as we are unrivalled in speed reaching your target audience. Please WhatsApp us if you would like to discuss this opportunity further.

Best regards,

Elijah Woo

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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 Prime Minister and made “Residensi Wilayah Keluarga Malaysia” the new name for this project. Now that Dato’ Seri Anwar bin Ibrahim is the new Prime Minister, the Kementerian Wilayah Persekutuan, which manages this affordable housing scheme, has been replaced by Jabatan Wilayah Persekutuan, led by Datuk Seri Rosida Jaafar, who reports directly to the Prime Minister’s department. The name of this affordable housing program is rebranded back to “Residensi Wilayah“.

Will the minimum size requirement of 900 square feet be made mandatory again?

You will know soon by subscribing to our Telegram Channel ; all about Residensi Wilayah & guarantee NO SPAM!

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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 is down on 19th January 2023. It is being replace by the new Jabatan Wilayah Persekutuan website,

Stay updated about RUMAWIP (rename back to Residensi Wilayah) by joining our Telegram Channel

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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.

  1. Determine the right rent price: Before you start marketing your rental, it’s important to determine the right rent price. This should take into account the location of your home, the size of the room, and any amenities that are included. Research similar rentals in your area to get a sense of what you can expect to charge. is the best place to do your research.
  2. Create a thorough listing: When creating a listing for your rental, be sure to include detailed information about the room, such as the size, layout, and any features or amenities that are included. It’s also helpful to include photos of the space. A video is the always the best!
  3. Market your rental: There are a few different ways to market your rental, including online platforms like and social media, as well as more traditional methods like posting flyers or advertising in your RUMAWIP compound.
  4. Screen potential tenants: It’s important to thoroughly screen potential tenants to ensure that you are renting to a responsible and trustworthy individual. This may involve checking references, verifying employment and income, and performing a background check.
  5. Set clear rules and expectations: To ensure a smooth and successful rental experience, it’s important to set clear rules and expectations for your tenants. This may include rules related to noise, guests, and common areas.

By following these strategies, you can effectively rent out a room in your home and attract the right tenants.

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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 employment history.

One of the main components of a bank scorecard is the borrower’s credit score. A credit score is a numerical representation of a person’s creditworthiness, based on their credit history. It is calculated using information from the borrower’s credit reports, which detail their credit accounts, payment history, and outstanding balances. Credit scores range from 300 to 850, with higher scores indicating a lower risk of default. Lenders typically prefer borrowers with credit scores of at least 620, although some may require a higher score. (Each bank’s grading process is different)

In addition to the borrower’s credit score, the scorecard also considers other factors related to their credit history. These may include the length of their credit history, the types of credit accounts they have, and the number of credit inquiries they have made in the past. Lenders may also look at the borrower’s payment history, including any late payments or bankruptcies. (Applicant advise not to use above 50% of the credit card limit)

Another important factor that is considered in a bank scorecard is the borrower’s debt-to-income ratio or known as debt service ratio (DSR). This ratio compares the borrower’s monthly debt payments to their monthly income and is used to determine their ability to manage their debt. A higher debt-to-income ratio may indicate that a borrower is overextended and may be at a higher risk of defaulting on their mortgage loan. Lenders typically prefer borrowers with debt-to-income ratios of 60% or lower for My First Home Scheme, although some may consider higher ratios on a case-by-case basis.

In addition to credit history and debt-to-income ratio, the scorecard may also consider other factors such as the borrower’s employment history and income. A stable employment history and a higher income may indicate that a borrower is more likely to be able to make their mortgage payments on time. Those working in the hotel and airline industries have almost no chance of obtaining a mortgage during the Covid Pandemic.

The scorecard may also consider the value of the property being purchased and the borrower’s assets. Lenders may look at the value of the property (RUMAWIP is cap at max price of RM300,000) to determine whether it provides sufficient collateral for the loan. They may also consider the borrower’s assets, such as savings or investments, to determine their financial stability and ability to make their mortgage payments.

The purpose of the bank scorecard is to help lenders make informed decisions about whether to approve a mortgage loan and, if so, at what terms. Lenders use the scorecard to determine the interest rate and down payment requirements for the loan. Borrowers with higher scorecard ratings may be offered more favorable loan terms, such as a lower interest rate or a higher loan-to-value ratio (not applicable for RUMAWIP).

The scorecard is an important tool for both lenders and borrowers. Lenders use it to mitigate the risk of default, while borrowers can use it to understand what factors are most important to lenders and to take steps to improve their creditworthiness. Improving a borrower’s scorecard rating may make it easier to qualify for a mortgage loan and may result in more favorable loan terms.

There are several ways that borrowers can improve their scorecard rating and increase their chances of getting approved for a mortgage loan. One of the most important things they can do is pay their bills on time and reduce their outstanding balances (the lower the DSR; the better!). They can also work on building a longer credit history by opening new credit accounts and using them responsibly. Additionally, borrowers can try to lower their debt-to-income ratio by paying down their debt or increasing their income.

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Malaysia Economy 2023

In 2023, Malaysia’s economy will be volatile, with considerable variations in economic indicators such as GDP, inflation, and employment, as well as rapid changes in market circumstances. In this kind of environment, it’s important to be prepared for a variety of potential outcomes and to be able to adapt to changes in the market. Here are a few things you can expect in a volatile economy:

  1. Market fluctuations: In a volatile economy, stock markets and other financial markets can experience rapid changes in value. This can create opportunities for investors, but it also increases the risk of losing money.
  2. Job uncertainty: A volatile economy can lead to increased job uncertainty, with companies more likely to lay off workers or cut back on hiring. It’s important to be prepared for this possibility and to have a plan in place in case of job loss.
  3. Inflation: In a volatile economy, inflation can fluctuate rapidly. This can lead to an increase in the cost of living, and make it more difficult for households to make ends meet.
  4. Interest rates: In a volatile economy, interest rates can fluctuate rapidly. This can have a significant impact on the housing market and consumer borrowing.
  5. Currency fluctuations: A volatile economy can also lead to fluctuations in currency exchange rates, which can impact businesses and individuals who trade internationally or have assets in foreign currencies.
  6. Political instability: Economic volatility can often be accompanied by political instability, which can further complicate the economic situation.

It’s important to stay informed and educated about the economic conditions and be prepared to adapt to changes in the market. Diversifying your investments, saving for emergencies and having a plan for job loss can help to mitigate risks. It’s also important to stay informed and up-to-date on economic news and government policies that may affect your finances.

In summary, a volatile economy is characterized by significant fluctuations in economic indicators, and rapid changes in market conditions. This kind of environment can create opportunities but also increases the risk of losing money. It’s important to be prepared for a variety of potential outcomes, stay informed and adapt to changes in the market to mitigate risks.

As an individual, there are several ways to prepare for a volatile economy:

  1. Build an emergency fund: Having a savings account with enough money to cover at least six months of living expenses can provide a safety net in case of job loss or other unexpected expenses.
  2. Diversify your investments: Don’t put all your eggs in one basket. Diversifying your investments can help to spread risk and reduce the impact of market fluctuations on your finances.
  3. Reduce debt: High levels of debt can make it difficult to weather an economic downturn. Pay off credit card debt and other high-interest loans as soon as possible.
  4. Stay informed: Keep track of economic news and government policies that may affect your finances. Stay informed about market conditions and be prepared to adapt to changes.
  5. Keep your skills up-to-date: In a volatile economy, job security can be uncertain. Keep your skills up-to-date by taking classes, learning new skills, and building your professional network.
  6. Be mindful of your spending: In times of economic volatility, it’s important to be mindful of your spending to ensure that you’re living within your means.
  7. Make a budget: Make a budget and stick to it. This can help you to stay on top of your expenses and stay within your means.
  8. Be prepared for unexpected events: Volatility in the economy can lead to unexpected events. Be prepared for such events by purchasing insurance for your home, car, and health, and creating a plan for unexpected events like job loss.

It’s important to remember that no one can predict the future of the economy or control it. By preparing for a volatile economy, you can increase your chances of weathering any economic downturns and position yourself for success when the economy improves.

As an individual, to prepare for a volatile economy, it’s important to build an emergency fund, diversify investments, reduce debt, stay informed, keep your skills up-to-date, be mindful of your spending, make a budget, and be prepared for unexpected events. These steps can help to mitigate the risks associated with a volatile economy and increase your chances of financial success.

If you are eligible and desperate to get a house with no downpayment involve, RUMAWIP accompanied with full financing is always the best choice . If you want to stay updated, just subscribe to our Telegram Channel.

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House for Rent in KL?

When looking for a house for rent in Kuala Lumpur, there are a number of things to consider to ensure that you find a property that meets your needs and budget.

  1. Location: Consider the location of the property and how it relates to your work or school, public transportation, and amenities.
  2. Space and layout: Consider the size and layout of the property, and think about how it will accommodate your lifestyle and the number of people who will be living in the house.
  3. Amenities and condition: Look at the condition of the property and the amenities it offers. Consider things like the age of the property, the condition of the appliances and fixtures, and whether it has features like air conditioning, security, and parking.
  4. Rent and additional costs: Compare the rent for different properties and factor in additional costs like utility bills, security deposits, and maintenance fees. Make sure you understand what is included in the rent and what is not.
  5. Landlord and tenancy agreement: It’s important to also evaluate the landlord and understand the terms of the tenancy agreement. Ensure that the landlord is responsive to your needs and that the agreement is fair and reasonable.
  6. Safety: Check the safety of the area and the security measures in place in the property.
  7. Furnishing: If you are looking for a fully furnished house, check that the furnishings are in good condition, and you are comfortable with them.

Ultimately, the most important thing is to make sure that the property you choose is a good fit for your lifestyle and budget. It’s also important to take your time and compare different properties before making a decision.

In summary, when looking for a house for rent in Kuala Lumpur, it’s important to consider the location, space and layout, amenities and condition, rent and additional costs, landlord and tenancy agreement, safety, and furnishing of the property.

On the other hand, RUMAWIP is becoming more popular since the monthly loan payment is usually less than the rental price in KL! You can stay updated by subscribing to our Telegram Update!

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Grab Driver Buying RUMAWIP

Housing Credit Guarantee Scheme (SJKP)
• SJKP guarantees to enable buyers with non-fixed, variable incomes to obtain a mortgage.
• SJKP’s guarantee is up to 100% of the purchase price, subject to a maximum financing of RM 400,000.00 (inclusive of MRTA / MRTT)
Target groups :
groups with irregular incomes, such as small traders, farmers, taxi drivers, fishermen, e-hailing drivers (Grab Driver), and others.
– Fixed income from the SME sector such as factory workers, mechanics and others.

Application conditions and criteria:
• Malaysian citizens aged 18 years and above
• There are or auction houses that fall under the low-cost category, are modestly priced, or are affordable to live in for the first-time purchase of a new residential house or ready-made house. (RUMAWIP is definitely included)
• Open to new residential homes or existing homes
or auction house.
• Total repayment of all applicant loans no
more than 65% of gross monthly income.
• There is no outstanding record of CCRIS exceeding 2 months for a period of 12
latest month.
• No other negative credit records within 24 months.
Product marketing mechanism:
• Through branches of financial institutions that
participate in the SJKP scheme and also the SJKP website.

Participating Banks stated in SKJP

One thing to observe is that there is little to no effort to promote the SJKP loan as there is no info publish for SKJP loan for all the website above, except a similar offering from BSN, BSN MyHome (Program Perumahan Rakyat). Here we can tell banks are reluctant to push on with this program.

Second, in the preceding RUMAWIP project’s bank panels, RHB, Bank Islam, and Bank Muamalat were the only ones engaged. Furthermore, based on RUMAWIP.COM.MY agent historical experiences, only RHB will be ready to receive applications for RUMAWIP projects at the start of the launch, whereas Bank Islam and Bank Muamalat would normally be a bit late.

For the time being, we should temper our expectations in the SKJP programme and wait to see what occurs when the RUMAWIP programme kick start in 2023!

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RUMAWIP a Hedge Against Inflation?

Buying a good RUMAWIP can be a great way to earn a substantial income, but it’s important to understand that it’s not a get-rich-quick scheme. It takes a lot of hard work, research, and knowledge to be successful in a property hold and sell strategy, as RUMAWIP has a 10-year restriction on selling from the S&P stamped date. However, with the right approach, it is possible to make a substantial gross profit of at least RM 150,000.

The first step in buying a RUMAWIP is to find the right RUMAWIP. Look for RUMAWIP are located in desirable neighbourhoods, Residensi Dutamas Dahlia (FREEHOLD) located in Jalan Dutamas Dahlia 5 is one perfect example. Once you have identified a good RUMAWIP, you will need to perform a thorough analysis to determine the costs of repairs, the estimated value of the property after the repairs, and the potential profit which is hard because this will be 6-7 years later after vacant possession (renovation & repair cost will surely increase)

The key to making a substantial profit is to do the renovations quickly and efficiently. This will reduce carrying costs and allow you to put the property back on the market as soon as legally possible. Be sure to use high-quality materials and hire experienced contractors to ensure that the work is done correctly.

Once the renovations are complete, it’s time to market the property. This can be done through real estate portal like Property Guru. Be sure to highlight the features and improvements of the property to attract potential buyers. (Residensi Dutamas Dahlia was sold at 333 Ringgit per square feet in Jalan Dutamas)

The final step is to close the sale and collect the profit. This can be done through a real estate agent or through a direct sale to a cash buyer. Be sure to account for all closing costs and fees, as well as any outstanding debts on the property.

In summary buying and holding an RUMAWIP can be a great way to hedge against inflation, and while staying in it, you can maintain the unit with extra care, but it takes a lot of hard work, research, and knowledge to be successful. By finding an RUMAWIP GEM, it is possible to make a gross profit of at least RM 150,000. It’s important to remember that not every RUMAWIP is a good buy and some projects will be harder to execute than others.

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