Thomas Sim PEA2066

Q.
a) The process of selling and buying property in Malaysia can be illustrated through 3 stages ie. pre contract, contract and post contract stage. Explain five (5) activities in the pre contract stage. (10 […]

Q.
a) Private treaty sale is a method commonly used in the sale and purchase of property. Explain three (3) advantages and disadvantages of this method to the Registered Estate Agents. (12 marks)

b) Other than […]

Q.
The aim of the Malaysian Estate Agency Standards is to ensure the quality and standard of estate agency practice. Clarify the provisions relating to:

i. The establishment of an estate agency office. (10 […]

Q.
a) Describe the different types of Estate Agency appointments according to the Malaysian Estate Agency Standards. (8 marks)

b) Propose three (3) marketing strategies to a developer of a low-density luxury […]

Q.
a) Describe three (3) types of insurance that should be considered when buying an industrial property. (10 marks)

b) There are three main types of housing loans ie. Term Loan, Overdraft Facility, and […]

Q.
Land is an important factor of production in the economy.

a) Describe four (4) characteristics of land as a factor of production. (12 marks)

b) Explain why land is an important input to the economic growth. […]

Q.
Urbanization can have effects to the economy, society and the environment.

a) Explain two (2) positive and two (2) negative impacts of urbanization to the economy. (12 marks)

b) Explain how can the impacts of […]

Q.
There are various reasons for the emergence of inner-city decay. This urban decay could bring some negative implications to the urban area. Nevertheless, the development of a new city requires some […]

Q.
Markets generally operate through the law of supply and demand to achieve efficiency in the economy. However, the housing market is not an efficient one due to the imperfect nature of real estate.

a) Explain […]

Q.
Redevelopment occurs when the present value of the current use is less than the capital value of the proposed site. By using an example of residential property,

a) Explain how changes in demand would affect […]

Q.
Urban agglomeration economy embodies a system of clustering of firms and employment market.

a) Explain why firms are particularly interested to have their businesses in the urban centre. (10 marks)

b) Clarify […]

Q.
Location and accessibility are amongst the key factors in the determination of land rent. Explain,

a) basic features of classical rent theories and state the factors that need to be considered. (10 marks)

b) […]

Q.
One of the economic approaches in solving urban transportation problem is pricing. Discuss the meaning of “pricing is part of the problem and the solution”. Give appropriate examples to substantiate your […]

Q.
Under Section 7A, Housing Development (Control & Licensing) Act 1966, there are five (5) statutory duties of licensed housing developers. Elaborate on these duties and explain how they can mitigate the cases of […]

Q.
a) Define common property and explain the rights of proprietor in common property. (10 marks)

b) Unpaid service charge is a problem to the Management Corporations. Explain the process by which the Management […]

Q.
a) Explain four (4) functions of caveats as provided under the National Land Code 1965. (10 marks)

b) Miss Najiha has just signed a sale and purchase agreement for a terrace house and paid the full purchase […]

Q.
a) Clarify four (4) types of easements as provided under the National Land Code 1965. (8 marks)

b) Mr A bought a parcel of orchard land which is second layer lot. The first layer lot is owned by Mr B. At the […]

Q.
You are invited to participate in a discussion on the impact of the Town and Country Planning Act 1976 on property owners.

Explain the following:

a) Development Charge (12 marks)

b) Purchase Notice (8 […]

Q.
a) Mr Abu owns four (4) contiguous lots of agriculture land namely Lot 1234 Grant No 123; Lot 1235 Grant No 124; Lot 1236 Grant No 125; and Lot 1237 Grant No 126. All the lots are situated in the Mukim of […]

Q.
An orchard land owned by Mr Tuah has been gazetted for land acquisition for the purpose of ‘Development of Community College’. Mr Tuah could not accept the fact that his land is being acquired by the […]