BFM :: The Property Show

As Malaysia becomes more and more urbanised, stratified or strata properties are becoming increasingly commonplace, and with this progress, comes the need to ensure a harmonious way of living within such shared spaces. Lawyer, Raymond Mah, the managing partner of MahWengKwai & Associates, talk to us about what the Strata Management Act 2013 entails and tackles a listener's query as well.Image Credit: Shutterstock.com

In this day and age, when everything we need is online, some may question whether we actually need a property agent to buy a house. We will be speaking with Tan Kian Aun, President of the Malaysian Institute of Estate Agents, about the relevance of property agents, their responsibilities in today's house-buying process, and how their roles have evolved over time.

Over the last 167 years, since Kuala Lumpur was founded by a group of tin miners, this muddy confluence has grown into a city of modern skyscrapers, many of which are at least 60 years' old. This means many need to undergo refurbishment, upgrading and modernising. Ar Dato Zulkhairi Md Zain, a director at Multi-Spex Architects and a council member at Pertubuhan Arkitek Malaysia (PAM) and Teoh Tze Ping, Managing Director of lift-makers, KONE Malaysia, talk about the complexities of these issues.Image Credit: Shutterstock.com

Goal 11 of the United Nations' Sustainable Development Goals (SDGs) states that cities and human settlements should be made inclusive, safe, resilient, and sustainable. Prime Minister Datuk Seri Anwar Ibrahim said in September that our country excels beyond the global average in achieving the UN's SDGs. So how is Malaysia progressing on SDG 11? For some thoughts, Natalie Tan will be speaking with Dr. Keith Tan, Associate Professor at the School of Architecture, Building & Design in the Faculty of Innovation & Technology at Taylor's University.Image Credit: Shutterstock.com

Budget 2025 turned out to be Malaysia's largest ever budget at RM421 billion and was focused on revitalising the economy, catalysing transformative change and improving the overall well-being of the people. Sulaiman Akhmady Saheh from property consultants Rahim & Co International helps us unpack what was unveiled and while there weren't many specifics incentives for the real estate sector, some trickle down effect can be expected going forward.Brought to you by Mah Sing. Reinvent Spaces. Enhance Life.Image Credit: Shutterstock.com

The Malaysia My Second Home Programme has undergone several changes since its introduction in 2002, the latest of which is making it a condition that successful applicants must also purchase a residential property of a certain minimum value. Anthony Liew, president of the MM2H Consultants' Association shares his insights into this industry for an idea of its demand and challenges faced by applicants.Image Credit: shutterstock.com

Malaysia is ranked top 3 amongst Asian countries for outbound cross-border property investment in the UK, where some factors supporting this trend continue to be significant including our colonial history and the fact that many seeking overseas education tend to look at Britain. Virata Gamany, the Executive Director of CSI Prop International Properties, a property consultant specialised in UK properties has some tips.Image Credit: Shutterstock.com

Now that the third quarter of 2024 has ended, it is time to take stock of the performance of Malaysia's property sector and to look forward to what the remaining three months of the year has in store. Siva Shanker, CEO of Estate Agency at property consultants, Rahim & Co International, shares his insights as the ringgit stages a rally, the interest rate outlook loos more dovish and with Budget 2025 set to be tabled soon.Image Credit: shutterstock.com

Architects are responsible for the overall design and looks of houses, buildings, and other structures. They must ensure that the final product is both attractive and functional. Edric Choo, a Pertubuhan Arkitek Malaysia council member and the founder of O2 Design Atelier CHOO Poo Liang Architect, shares his experience in getting to where he is today, hoping to inspire the next generation.Image Credit: shutterstock.com

Residents' associations have become an important facet of life as we live in communities in which we want to have more say in issues like safety, security as well as sustainability. KLRA+SD's chairperson, Tan Booi Charn, and one of its exco members, Sam Lau, share their experience in setting up an RA as well as their role in ensuring the sustainability of developments in Kuala Lumpur.Image Credit: shutterstock.com

Malaysia has a home ownership rate of 72.5%. Compare this with the US, the UK and Australia which have a rate ranging between 66% and 68%. Dr Suraya Ismail, the director of research at Khazanah Research Institute, delves into this issue along with insights contained in its lates report, "The Financialization of our Lives: Values and Trade-Offs", as well as why a build-then-sell concept for new housing developments might be a better option for Malaysia.Image Credit: shutterstock.com

The Board of Valuers, Appraisers, Estate Agents, and Property Managers (BOVAEP), Malaysia's regulatory body for the real estate sector, periodically warns the public to be aware of scams ranging from unregistered estate agents to people impersonating registered agents. Tan Kian Aun, the president of the Malaysian Institute of Estate Agents and a former board member of BOVAEP shares his experiences in such cases, including tips on how NOT to get duped.Image Credit: shutterstock.com

The Housing & Local Government Minister Nga Kor Ming plans to table the Urban Renewal Act in Parliament next year with the aim to restore the vibrancy and attractiveness of old areas, provide affordable living spaces, enhance public facilities and revitalise architecture. Adriana Abu, the legal advisor at the National House Buyers' Association, shares her thoughts on how this new piece of legislation might impact existing homeowners.Image Credit: shutterstock.com

If you feel you have a good eye for designs and a talent to be able to create beautiful and functional indoor spaces by drawing on architectural training, you might want to consider a career in interior design. Ooi Boon Seong, president of the Malaysian Institute of Interior Designers shares some insights into how to embark on that career path.Image Credit: shutterstock.com

Sustainability is increasingly becoming a buzzword as awareness about how our climate is changing grows along with the increasing cost of utility bills. PropertyGuru says the real estate sector is responsible for about 40% of global CO2 emissions, and it has a significant role to play in climate action. Kenneth Soh, Country Manager - Malaysia for PropertyGuru and iProperty, shares the company's initiatives to become more sustainable along with tips we as homeowners can employ to do our part.Image Credit: shutterstock.com

There has been an increasing number of cases where homeowners hoping to renovate their properties end up getting scammed because they had fallen for the allure of pretty online advertisements. Teresa Kok, the MP for Seputeh, recounts some of these complaints from amongst her constituents, while Ooi Boon Seong, the president of the Malaysian Institute of Interior Designers, shares some tips on how we can be more vigilant.Image Credit: House Construction Site Concept / freepik.com

The Malaysian Institute of Estate Agents is 50 years' old this year and has a new president at its helm. Tan Kian Aun talks to us about MIEA's history, its achievements and the challenges its members and indeed, the real estate agency sector faces in this age of technology.Image Credit: Malaysian Institute of Estate Agents Facebook page

If you are a school leaver or just simply thinking of a change in career at whatever stage in your life, becoming a real estate agent or a real estate negotiator might be a career path worth considering, if you have the right stuff. Chan Ai Cheng, the former president of the Malaysian Institute of Estate Agents, as well as the principal at SKB Real Estate, and also consulting for Reapfield Properties, shares her tips on how to get started and how to be successful - spoiler alert: the key is hard work and lots of preparation.Image Credit: freepik.com

Malaysia's international green building benchmark, the Green Building Index, is 15 years' old this year and was the brainchild of Pertubuhan Arkitek Malaysia and the Association of Consulting Engineers Malaysia. Dr Tan Loke Mun, a former president of the Malaysian Institute of Architects, played an important role in introducing the GBI, and he joins us to talk about its genesis, its evolution and where it is headed next.Image Credit: shutterstock.com

A termite infestation in your home is one of the worst things to happen and every home is at risk of it because these tiny insects, can find food wherever there is wood or wood-based products - think discarded cardboard boxes, old books, even banknotes. To understand these creatures better and what we can do to address this problem we speak to entomologist Lim Say Piau and Regine Lim, the president of the Malaysia Pest Management Association.Image Credit: macrovector / freepik.com

Global professional services company Turner & Townsend recently released its report on Malaysia's construction sector. It projects this country's construction tender prices to grow by 3% this year, compared to 2023. Leo Leow, Turner & Townsend's Malaysia director, helps us dissect what this means.Image Credit: freestockcenter / Freepik.com

Buying your first home is simultaneously exciting and intimidating because this is very likely going to be the biggest purchase you will ever make, with very real tangible commitments that will last you your whole lifetime. Linnet Lee, the Director at Resolute Planning, and the former CEO of the Financial Planning Association of Malaysia, shares her advice along with some very beneficial personal experiences.Image Credit: shutterstock.com

According to a report by the World Sustainable Hospitality Alliance, hotels need to reduce their absolute carbon emissions by 66% by 2030, and 90% by 2050 to ensure industry growth doesn't lead to higher emissions. How are large hotel players like Club Med making their buildings and property operations green? We find out from Rachael Harding, CEO for East and South Asia & Pacific and Gregory Lanter, Chief Development and Construction Officer of Club Med.Image Credit: LiTsai / Shutterstock.com

Many homeowners today are considering opting for a rooftop solar energy generating system as a way to reduce their electricity bill. And with so many options to choose from plus the fact that there are incentives from the government to encourage renewable energy use, how do we navigate this. Davis Chong, the president of the Malaysian Photovoltaic Industry Association shares his tips from a service provider's perspective, while Kim Lim is a homeowner who has already done so since 2021, shares her tips.Image Credit: shutterstock.com

Real estate technology company Juwai-IQI recently released their first quarter residential sales market report for Malaysia, which compiles data of actual transactions. Its group CEO and co-founder Kashif Ansari helps us dissect the information derived from the reports findings and the expectation for what the rest of 2024 might bring for Malaysia's real estate market.Image Credit: Shutterstock.com

A recent study has revealed that the UK is currently the number one destination for Malaysians buying property abroad and this has been increasing by 68% year-on-year to £1 billion. It is also one of the top 10 countries for Malaysian investment out of more than 150 countries. Simon Capp, the Head of Residential Sales at British Land, one of the leading property development companies in the UK, as well as Chong Shu Ling from the real estate consultancy firm JLL (Malaysia), help us understand why.Image Credit: Shutterstock.com

When it comes to doing renovations to your home, be it extending your kitchen or adding a room or even putting in a skylight, there are several procedures to go through to ensure compliance to state-building by-laws. Ar Edric Choo, a council member of Pertubuhan Arkitek Malaysia, helps us navigate this world with some tips to ensure you do everything right and don't end up having to pay a fine or worse - have your extension forcefully demolished.Image Credit: ElasticComputeFarm https://pixabay.com/

Today, many of us live in stratified homes like apartments and condominiums, where adherence to house rules ensure a comfortable communal living for all residents. Derek Fernandez, a former PJ councillor and an expert on local government issues helps us clarify on where the rules of local authorities like DBKL and MBPJ take precedence over those set by Joint Management Bodies or Management Corporations of stratified properties.Image Credit: Shutterstock.com

Global real estate consultancy Knight Frank's latest flagship research, the Wealth Report 2024, shows that the luxury residential markets proved resilient in 2023, with 80% of the 100 markets it tracks recorded either flat or positive annual price growth. Interestingly, luxury prices gained some 3% in 2023. Keith Ooi, group managing director of Knight Frank Malaysia provides us some colour.Image Credit: Shutterstock.com

Giving a piece of property a makeover, is crucial towards achieving that all-important first impression effect, and even has the potential to enhance its value, whether you are looking to sell or rent. The programme this week speaks to MK Chen, Head of Property Solution at Amax Real Estate as well as Leong Yin Peng who runs Yin Homes under Reapfield Properties, two people who have been doing property staging in Malaysia, a market that is still new to this concept.Image Credit: Shutterstock.com

The latest industry survey from the Real Estate & Housing Developers' Association Malaysia shows that its members are optimistic of a better property market going into 2024, now that the first quarter has wrapped up. REHDA president Datuk NK Tong also shares with us his views on the year that has gone by and the challenges the local property market can expect.Image Credit: Shutterstock

The Real Estate & Housing Developers' Association Malaysia's members continue to be optimistic about the local property market this year, although concerns remain over rising input costs and changing trends. The Property Show this week speaks to Shahid Saleem, the Group Chief Financial Officer at Juwai-IQI Global for his insights into what's to come as we wrap up Q1 of 2024.

High prices coupled with the uncertain economic landscape is making home ownership increasingly difficult, especially for the younger generation. Natasha Gideon, real estate negotiator with IQI Realty Sdn Bhd will be discussing obstacles affecting millennials in terms of home ownership and also sharing some tips and advice before committing to a property purchase. Image Credit: Shutterstock.com

PropertyGuru Malaysia country manager Sheldon Fernandez shares with us the findings of their latest Consumer Sentiment Study H1 2024 which polled over 1,000 respondents nationwide to gauge their thoughts on property-related issues. We also delve into the latest property transactions data released by the National Property Information Centre (NAPIC).Image Credit: Shutterstock.com

A ride on the KL monorail will open your eyes to the number of abandoned projects in the city centre, including in the prime golden triangle area where shiny new modern, grade A buildings abound. Some of these projects have been abandoned since 1998, several of which are already several storeys tall. Hans Fernandez, is in charge of residential & commercial investments at Zerin Properties, and has been in the real estate business in KL for 30 years. He shares his experiences.Image Credit: Shutterstock.com

On this week's Property Show, Haji Ishak Ismail, the president of the Malaysian Institute of Property & Facility Managers (MIPFM), shares his insights on property management, advice for those intending to pursue a career in the industry as well as discussing legislations governing strata properties.Image Credit: Shutterstock.com

Property technology, or proptech, has changed the way the real estate industry operates and with the advancement of AI and adoption of Internet of Things and other technology, it is set to develop even further. Ivan Wong is the founder of proptech platform, Property Genie, and he shares with us insights into this industry as well as lessons he learned in the three attempes at setting up this company.Image credit: Shutterstock.com

JLL Malaysia's latest Greater Kuala Lumpur Property Market Monitor has revealed that subsectors like logistic warehouses, data centres and Grade A premium offices are expected to have the most positive growth this year. Its Chief Growth Officer Christophe Vicic also talks about how this also ties in with how AI and generative AI are amongst the top technologies to have the greatest impact on real estate over the next three years.Image credit: Shutterstock.com

As the rabbit hops away, now it's time for the dragon to shine. What's in store for the property sector in this Year of the Wood Dragon? Master Kenny Hoo, Founder and Chief Researcher, Good Feng Shui Geomantic Research will be sharing his outlook and predictions on how to beter navigate the year ahead.Image credit: Shutterstock.com

The National Property Information Centre or NAPIC is the sole government body set up in 1999 to gather and collate data pertaining to the country's real estate sector so that various government agencies, property developers and other relevant stakeholders can plan better. Norhisham Shafie is the director of NAPIC and he shares the work this agency does.Image credit: Shutterstock.com

Home renovations can be a daunting affair, especially for first-time homebuyers. On this episode of The Property Show, Kyle E, co-founder of design company POW Ideas will be sharing some tips and advice on how to be better prepared as you embark on your home renovation journey.Image credit: Shutterstock.com

Community participation in urban planning is key to creating modern and inclusive cities. Keith Kam speaks to Dr. Ungku Norani Sonet, Senior Lecturer, at the School of Architecture, Building and Design at Taylor's University on fostering greater involvement from the public in all stages of the planning process.Image credit: Shutterstock.com