Thomas Sim PEA2066

Q.Give evidence that depreciation is higher in Industrial Building than other types of building.A.The reasons Industrial Buildings have higher depreciation than Office has been researched in 1980’s in the UK with […]

Q.What is adjustment in a comparison method of appraisal?A.Another link on how to calculate adjustments is here.Below is an illustration taken from Beverly A Bayer, SRA entitled “Proving Appraisal […]

Q.What is a Multiple Listing Service (MLS)?A.MLS is a database shared by the real estate agencies showing properties listed for sale and also the selling price and date of the properties when they are sold, as […]

Q.What do you understand by the term ‘developmental approach to land valuation’?A.The development approach to valuation (also known as the residual land value method) is to varying degrees recognised as an […]

9th Meeting My-RealProperty

Q.What is Percentage (5) Rent? How is it calculated?A.Extract from: “How Percentage Rent Works in a Commercial Real Estate Lease” JANUARY 16, 2014 BY BEN O’GRADYRetail tenants and commercial real estate […]

Q.What is ‘Price-to-Rent Ratio’?A.The price-to-rent ratio is a well-established economic principle used for real estate valuation. It is typically calculated as the ratio of home prices to annualized rent in a […]

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Land is a everlasting commodity. It is also scarce and limited. Before we were born, the land is already here. So, who actually has ownership and interest on this land?

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For Wikipedia, interest of owning a […]

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What is rental method of rating valuation and when should it be used?

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Go here to read the article from its original site. This is verbatim from the original site.

The rental method should be used where […]

Q.Give the definition of Value, Price and Cost.A.Definition of PricePrice is the amount of money paid by the buyer to the seller in exchange for any product and service. The amount charged by the seller for a […]

Q.
Briefly explain the program – My First Home.

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Criteria for My First Home Scheme:

• Applicable to Malaysian citizens
• First time home buyers.
• Individuals up to the age of 35 years
• Residential and own […]

Q.Can you give a brief picture of the Malaysian Housing Policy since independence?A.See summary by Syafiee Shuid below:-Ref:Shuid, Syafiee. Low Medium Cost Housing in Malaysia: Issues and Challenges. Department […]

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How to transfer property of a person who recently passed on?

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I recently come across this issue with my auntie, who suffered a stroke during an operation. She was wheeled out of the OT unconscious and […]

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When a holding has arrears unpaid, the local government can pursue legal action to siege the holding. Explain the law involved in this process. What is From H?

A.
‘Harta ini disita’ carries the meaning of […]

Q.What is Weber’s Theory of Location and how did Weber’s approach on location affects industries?A.Please read below an article about Industrial Location Theory.Alfred Weber identified the most significant factors […]

Q.What are the weaknesses and criticism of Von Thunen Theory?A.From Wikipedia;-Weaknesses and criticism[edit]The model was developed in an isolated state and did not take into consideration differences in sites […]

Q.Can you provide a summary of affordable housing projects in Malaysia since 10th Malaysia Plan?A.An extract is obtained from loanstreet.com.my as […]

Q.b) Briefly explain and analyse the Rank-size (zipf) Theory. (10 marks)(20 marks, 2012 Q3b)A.From Wikipedia, Rank-size theory is first found to be applicable in linguistics – and the origin of the name ‘Zipf’ […]

Q.There are various issues and challenges of housing in Malaysia. Can you give a summary of the challenges of affordable housing in Malaysia?A.Ref:11th Malaysia Plan, available at

Q.Can you compare and contrast what is in 10th Malaysia Plan versus 11th Malaysia Plan on housing?A.10th Malaysia plan was the master plan by PM Datuk Seri Najib Tun Razak, with the branding of 1Malaysia. Many […]