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RUMAWIP Auction Secret!

Disclaimer

This article is based on Trinity Auction Property Malaysia , we assumes no responsibility or liability for any errors or omissions in the content of this article.

RUMAWIP Secret in Buying Completed RUMAWIP Through Auction

Based on the link above, RUMAWIP may not be able to be auction off. The attempt to get a completed RUMAWIP project is no longer an option due to no consent will be given by the local authority (not stated in the FB posting specifically which local authority)

RUMAWIP Purchaser Benefit

This means if a RUMAWIP owner default on his/her mortgage payment; the property can’t be auction off and technically the RUMAWIP unit is still under the loan defaulter’s name. He/She basically can stay in the house for FREE as the will not be a court order to vacate the tenant!

The Million Ringgit Question

Is this an individual case if it is true? Or does it apply to all RUMAWIP (currently known as Residensi Wilayah Keluarga Malaysia)? This is truly an important question to be answer in the coming days by Kementerian Wilayah Persekutuan as the bankruptcy rate is expected to increase. This is probably the most interesting topic in Malaysia relating to real estate in 2023!

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Recommended Brands for RUMAWIP Reno Work

Renovation is an important aspect before moving in a RUMAWIP. Whether it’s a basic project or a full-scale renovation, selecting the right brands for the job is crucial. In this article, we’ll take a closer look at some of the top brands in the renovation industry and how they can help make your renovation project a success.

Mega Kabel for Wiring Works

When it comes to wiring works, safety and durability should be your top priorities. Megakabel is a reliable brand that has been providing high-quality wires and cables for over 30 years. Their products are manufactured to meet international safety standards, and their wires are known for their excellent conductivity and resistance to wear and tear. Hospital usually uses these brand for their wiring. (For additional light and powerpoints)

Schneider for Switches

Switches are an integral part of any electrical system, and Schneider is one of the top brands in the industry. They offer a wide range of switches, from basic on-off switches to more advanced dimmer switches and smart switches that can be controlled remotely. Schneider switches are known for their durability, reliability, and ease of installation, making them an ideal choice for any renovation project. S-Classic (used to be the brand Clipsal which last a lifetime) is the long lasting ones but most people choses Vivace for the aesthetic. (For additional switches or total replacement of all switches for a more uniform aesthetic)

DOE and Pakai for Sanitary Ware and Fittings

Sanitary ware and fittings are essential components of any bathroom or kitchen renovation project. DOE and Pakai are two of the most popular brands in this category. DOE is known for its high-quality bathroom fixtures, including toilets, sinks, and showers, while Pakai specializes in kitchen sinks, faucets, and other fittings. Both brands offer a wide range of products, from basic models to more advanced designs that incorporate the latest technology. Sorento or Jaguar prices are a little steep for RUMAWIP, in my opinion. (unless you are using storage heater, you may not need to buy much of this as it is provided except for the water heater which most chose instant water heater that comes with the shower head)

*existing wiring not suitable for storage heater & oven; you will need a 4mm supply for it (provided is a 2.5 mm supply) . Joven is the only brand you can get for storage heater; it involve luck in the lifespan & get the wiring done by an electrician and not the water heater installer as they may not provide you a Mega Kabel 4mm power supply! (this is if you are going for a rain shower) Please take note, if the wiring supply burn out you will need to break the plaster ceiling to create a new supply! A ceiling manhole below the storage heater is a MUST or you will have to break the plaster ceiling when the storage heater needs repair. There is a hefty price to pay for a romantic bathing experience if you know what I mean 😉

White Horse and Super Ceramic for Tiles

Tiles are a crucial element in any renovation project, and White Horse and Super Ceramic are two of the top brands in this category. White Horse offers a wide range of tiles, from classic designs to more contemporary options, while Super Ceramic specializes in ceramic tiles that are durable and easy to maintain. Both brands offer a range of sizes, colors, and patterns, making it easy to find the perfect tiles to match your design vision. (you may not need this as current RUMAWIP tiles are presentable)

Kitchens Best Use Cement to Lay Tiles

All kitchen cabinet that is long lasting cost a bomb! So I suggest laying tiles in the kitchen table using cement. Cement provides a strong and durable base for tiles and can withstand the heat and moisture that are common in kitchens. Then get a simple quote from different cabinet makers for the kitchen top. You can get some inspiration from Signature. (All RUMAWIP comes only with a aluminium sink)

Colorland, Kansai, and SKK for Paint Work

Painting is one of the most cost-effective ways to update the look of your RUMAWIP. Colorland, Kansai, and SKK are three of the most affordable yet popular brands in the paint industry. (All RUMAWIP walls are painted white colour)

In conclusion, selecting the right brands is crucial for any renovation project. Whether you’re renovating your bathroom, kitchen, or entire home, using reliable brands like Megakabel, Schneider, DOE, Pakai, White Horse, Super Ceramic, Colorland, Kansai, and SKK can help ensure that your project is successful and meets your expectations. Insisting on buying all of these brands by yourself for your RUMAWIP unit is one method to avoid being taken advantage of by contractors, but lowering their profit may not be a smart idea because good workmanship is equally important. I suggest that you should offer above what they request for the labor charge or you may end up being the typical Malaysian property investor always busy on repairing defects.

  • those KDK fan that last 80 years no longer exist; fan that is simplistic tends to last longer just like Schneider S-Classic switches. Choose simple ceiling fan and clean in often for it to last longer.

Elijah Woo

Most of the information in this article is provided by KL Soo, Marketing Director of Lem Min Steel . 20 years experience in providing building materials. They supply all the recommended brand above except for the electrical ones.

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10 Reasons Malaysian Love RUMAWIP!

1) Price cap of Rm 300,000 & monthly instalment is often cheaper than renting. (Price did not go up!)
2) For the first 6 to 7 years after moving in, all residents are Malaysians. (NOT ALLOWED to be rented by foreigners within 10 years from S&P stamped date)
3) Always placed in Wilayah Persekutuan and never in an outskirt region.
4) The size may be up to 900 square feet.
5) There are three bedrooms and two bathroom in each RUMAWIP (some affordable housing programme can be a studio which is not suitable for long term occupation)
6) Has at least one parking lot (there is option to purchase a second parking lot if available)
7) It is sometimes placed near a million ringgit property (for eg. Dutamas Dahlia)
8) It’s difficult to identify the difference between an RUMAWIP and an RM500,000 condominium. (For an example, look up Vierra Residence)
9) It maybe FREEHOLD (Dutamas Dahlia and Vierra Residence are FREEHOLD)

10) The application procedure is straightforward; simply subscribe to our Telegram Channel and you will be notified when a new project is launched. Then text us and we’ll assist you through the process for free.

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Selling a RUMAWIP 10 years later?

Firstly, it’s 10 year counting from the date your S&P is stamped! All if not most of the RUMAWIP need substantial renovation before moving in.

Renovating a RUMAWIP with durability in mind is important to ensure that the space remains in good condition for years to come (average 6-7 years after taken possession) before you are allow to sell it off. Here are some tips for renovating a condo with durability in mind:

1. Choose durable materials: When selecting materials for your renovation, choose those that are known for their durability, such as :

Solid wood – This is typically considered the highest-quality material for furniture. Solid wood is durable, long-lasting, and can be refinished or repaired if it gets damaged. Some common types of solid wood used for furniture include oak, maple, cherry, and walnut.

Plywood – Plywood is made by gluing together thin layers of wood, and is often used to make the frames and structural components of furniture. It is generally considered to be a good-quality material, but not quite as high-quality as solid wood.

Particleboard – Particleboard is made by compressing wood chips and resin, and is often used to make the cheaper, mass-produced furniture. It is generally considered to be a lower-quality material, as it is not as durable or long-lasting as solid wood or plywood.

MDF (medium-density fiberboard) – MDF is similar to particleboard, but is made by compressing wood fibers instead of wood chips. It is often used to make the less-expensive furniture, and is generally considered to be a lower-quality material.

Metal – Metal is often used to make furniture frames and accents, and can be a durable and long-lasting material if it is made from high-quality metals like stainless steel or aluminum. However, lower-quality metals can rust or corrode over time.

Wiring – insist of using the brand Mega for all the wiring works. Please take note that the existing wiring works will not be using this brand as it cost too much for RUMAWIP projects.

  • you can opt to do the opposite if you plan to renovate a second round before you sell the house, the risk is it may not last till then

2. Opt for quality fixtures: Select high-quality fixtures, such as faucets and showerheads, that are made from durable materials like brass or stainless steel. They will be able to withstand the wear and tear of everyday use and last longer. DOE is a local brand you can trust! Those brand from Italy is just not worth it for this market segment.

3. Install water-resistant features: In areas like the bathroom or kitchen, install water-resistant materials like waterproof drywall, moisture-resistant flooring, and water-resistant sealant around fixtures to prevent water damage. (buy from the hardware shop lot not those in malls; go where the plumbers go & insist on buying good quality product)

4. Prioritize storage solutions: Installing ample storage solutions, such as built-in cabinets, shelves, and closets, can help prevent clutter from accumulating and keep your condo looking tidy and organized over time.

5. Think about maintenance: Consider how easy or difficult it will be to clean and maintain different materials and fixtures over time. Choose materials and fixtures that are easy to clean and maintain to keep your condo looking great for years to come.

Plan for the future: Finally, think about how you might use the space in the future and plan your renovation accordingly. For example, if you plan to sell the condo in a few years, choose design elements that are timeless and appealing to a wide range of potential buyers. For example black ceiling.

By following these tips, you can ensure that your condo renovation is not only beautiful and functional but also durable and built to last. (THE ONLY WAY YOU CAN EXECUTE THIS IS YOU BUY THE MATERIALS YOUSELF!) When hiring a contractor; request for a list of materials he needs and get it yourself and pay him for the labor (pay more than he ask for, the workmanship is as important). This is the best advise I have to prevent you from dealing with a never ending defects which most property investor face. Please also read Recommended Brand for RUMAWIP Renovation.

Elijah Woo

Please subscribe to our Telegram Channel for future RUMAWIP launches if you are interested.

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Low Cost Marketing Solution for RUMAWIP Property 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 newsletter (16,000) and telegram (10,000) subscribers list, which are high quality leads unlike leads from social media. 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 ads.

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.

  • Reaching more than five figure numbers of client within 24 hours (NOT social media leads)
  • Potential buyer are filtered for JWP & Bank Loan (educated months before they make purchase)
  • Prevent the delay of sales when hundreds of applicants without bank loan stuck awaiting for approval in JWP
  • Cost control ( One off charge without timeframe and NOT charge by cost per lead)
  • Unrivalled turn around time, proper SOP focusing on being efficient. (most developer got delay in having too much JWP approval, used up quota for banking loan with not serious buyer)

Elijah Woo

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How to Make Money in Your Condo?

  1. Create a Telegram account: To start using Telegram for local group marketing, you need to have an account on the platform. If you don’t have one, simply download the Telegram app and sign up for a free account.
  2. Join local Telegram groups: Once you have an account, the next step is to join local Telegram groups that are relevant to your business. You can search for groups related to food and beverages, or groups that are based in your local area or better create a local group in Telegram (click People Nearby, you’ll find it there)
  3. Introduce your business: Once you have joined the relevant groups, the next step is to introduce your business to the group members. Post a brief introduction about your business and the food and beverage items you offer. Make sure to include the name of your business, your location, and the types of food and beverages you offer. The business name should be simple as your target customers is within the same condominium. For example, if you are staying in Sky Awani 3 and coffee is what you offer just call the Group or make your name “Sky Awani Coffee”. Everyone will instantly know you are nearby.
  4. Offer promotions and discounts: To entice group members to visit your business, offer promotions and discounts. You can offer a discount on your products, or a special deal.
  5. Share pictures and videos: To make your offerings more appealing, share pictures and videos of your food and beverages. High-quality images and videos can help to entice group members to visit your business.
  6. Keep group members updated: Regularly post updates about your business, including new offerings, promotions, and discounts. Keeping your Telegram group members updated will help to maintain their interest in your business and encourage them to try any new product!
  7. Create a menu. Set a reasonable price: Make sure to set a reasonable price for your food and beverages. Consider the cost of ingredients and overhead expenses when setting prices.

In conclusion, reaching out to potential customers within the same condominium and offer a wide range of food and beverage items, including coffee, bubble tea, desserts, snacks, cakes, ice cream, burger, kombucha, juice or smoothie, and Asian food like curry laksa, asam laksa, and sushi, can a great business model. By following the instructions outlined above, you can use Telegram to grow your business and reach new customers. THERE IS NO WAY GrabFood, FoodPanda, ShopeeFood or AirAsia Food can beat your pricing, delivery speed & the quality of your food (your cost is lower as you don’t have to share your profit with the delivery services hence your can use better quality ingredient) ! Remember simplify the name; Awani Coffee, Vierra Bubble Tea, Dutamas Dahlia Deserts (name it after the condominium) in order to attract the right customer (customer within the same condominium).

This website promotes RUMAWIP which is suitable to these type of business model as it is usually high density, affordable (max RM 300,000) for a 3 Bedroom 2 Bathroom size 800-900 square feet with full fledge condominium facilities.

PLEASE SUBSCRIBE TO OUT TELEGRAM CHANNEL FOR NEW RUMAWIP PROJECT LAUNCHES.

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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 recession:

  1. Research the market: Before making any investment, it’s crucial to research the real estate market in the area you’re considering. Look at recent sales data, current trends, and the overall health of the market to determine if it’s a good time to invest. In a recession, it’s also important to consider the impact of the recession on the local economy, as this can affect the demand for housing and, in turn, the value of real estate.
  2. Focus on the long-term: While a recession can be a short-term setback, it’s important to focus on the long-term potential of the investment. Consider the history of the real estate market and look for properties that have the potential for growth in the long run.
  3. Consider distressed properties: During a recession, there may be an increase in the number of distressed properties, such as foreclosures or short sales, on the market. These properties can provide an opportunity for investors to purchase properties at a lower price, but they should also be approached with caution. It’s essential to thoroughly research the property and the area to ensure it’s a good investment.
  4. Look for areas with job growth: During a recession, areas with job growth are likely to have a more stable real estate market. These areas may not be affected as severely by the recession, providing a safer investment opportunity.
  5. Work with an experienced real estate agent: Working with a real estate agent who has experience navigating a recession can be invaluable. They can provide insights into the market and help you make informed investment decisions.

In conclusion, investing in real estate during a sudden recession can be challenging, but with the right approach and a solid understanding of the market, it can still provide a viable investment opportunity. Research the market, focus on the long-term, consider distressed properties, look for areas with job growth (Malaysia will be a IT hub & most of these jobs is in KL), and work with an experienced real estate agent to increase your chances of success.

RUMAWIP is all in Wilayah Persekutuan, with a RM 300,000 price cap and 3 bedrooms and 2 bathrooms. Please subscribe to our Telegram Channel for new project launches.

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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:

  1. Geo-targeted groups: Businesses can create Telegram groups based on location and invite customers within that area to join. This allows businesses to send targeted messages and promotions to customers in a specific region.
  2. Location-based bots: Businesses can create Telegram bots that use the user’s location information to offer personalized recommendations or deals. For example, a food delivery bot could recommend deliver to doorstep or lobby (offering breakfast)
  3. Location-based events: Businesses can use Telegram to promote location-based events and encourage customers to attend. This could include events such as group exercise trial within the RUMAWIP
  4. Location-based coupons: Telegram can be used to send location-based coupons to customers, offering discounts or special deals for a specific location. This can encourage customers to visit the business’s physical location and make a purchase. For example home facial.
  5. Location-based support: Businesses can use Telegram to provide location-based support to customers, babysitter services.

By utilizing Telegram’s location-based features, businesses can effectively target and engage customers in specific RUMAWIP, drive foot traffic to physical locations, and generate income!

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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 a necessity given there is excess of supply of high rise residential in the city when the RUMAWIP owner no longer decide to stay in Federal Territories.

The BRRRR (buy, rehab, rent, refinance, repeat) strategy is a real estate investment approach that involves acquiring, renovating, and renting out properties (RUMAWIP is usually bare unit), then refinancing to free up capital for the next acquisition. This strategy allows investors to build a portfolio of rental properties while minimizing the amount of cash they have to put upfront.

Here’s how it works:

  1. Buy: The investor begins by identifying a property that has potential for appreciation and cash flow. This could be a fixer-upper that needs renovations or a rental property that is already generating income.
  2. Rehab: Once the property is acquired, the investor carries out any necessary renovations to increase its value and make it more attractive to renters. This could include cosmetic upgrades like painting and flooring, as well as more extensive repairs like plumbing or electrical work.
  3. Rent: Once the renovations are complete, the property is ready to be rented out. The investor sets a market rent and begins the process of finding tenants.
  4. Refinance: After the property has been rented for a period of time (usually six months to a year), the investor can apply for a mortgage refinance. By refinancing, the investor can typically access a larger loan amount, which can be used to pay off the original purchase price and any renovations. The investor is now left with a property that is generating positive cash flow, and the cash that was originally used to buy the property is freed up to be used for the next acquisition.
  5. Repeat: The investor can then repeat the process by using the freed-up cash to acquire and renovate another property, refinancing it to free up even more capital, and so on. (if one decided to purchase another property, he/she no longer can take on My First Home Scheme and must pay up 10% downpayment for new property purchase)

The BRRRR strategy is a way for investors to grow their rental property portfolio without having to come up with a large amount of cash upfront. It can also be a way to generate passive income and build wealth over time. In the RUMAWIP purchase, it is a backup plan when the purchased unit no longer suitable for the purchaser. Please take note that you are only allow to rent out to Malaysians within 10 years from S&P stamped date.

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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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