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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...

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...

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...

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...

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...

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...

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: Market...

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. Location: Consider the location of the property and how it relates to your work or school, public transportation, and amenities. Space and layout: Consider the size and layout of the property, and think about how it will accommodate your...

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...

Purchasing a RUMAWIP as a long-term investment strategy can provide a substantial income, but it's crucial to understand that it's not a quick path to riches. Achieving success in the property hold and sell strategy requires diligent effort, extensive research, and deep knowledge, especially considering the 10-year restriction on selling RUMAWIP units from the S&P stamped date. Nevertheless, with the...