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5 Property Feng Shui Features To Look Out For

November 18th, 2014 No comments

Today, feng shui has been inaccurately associated with the practice of understanding if a home, property or general area is considered “good”, “bad”, “auspicious” or “inauspicious”.

These terms get thrown around so much, people tend to lose logic and rationale in the rush to fulfil certain “feng shui criteria”. To optimise effectiveness of feng shui, it is important for one to understand that it is not just about making money or enhancing “good luck”, but so much more.

To begin understanding the subject, one should ask three simple questions when studying a property and its land – What exactly is bad? How bad is it? Why is it bad to begin with?

More often than not, knowing something to be simply good or bad creates a lot of misunderstanding, paranoia or fear. That is not what feng shui is about. Rather than getting absorbed into the fear of how having the wrong interior design in your house can affect the Qi, you should examine these five property feng shui features that are common to every home and the undesirable factors to avoid in your current or future property.

The main door

After the environment, the main door, along with the kitchen and bedroom, form the three important factors in feng shui. These are the three main features of a property that every feng shui consultant must evaluate.

The main door is an important key feature, as it is essentially the Qi mouth of the property. When evaluating this feature, do not just look into the property, but out as well. Simply stand at the door, look out from within the property and check if any negative forms are within sight in that view.

If you see a tall structure like a lamp post within sight from the main door, then you have a possible case of Piercing Heart Sha. This can affect the health and career of the occupants.

Another negative feature to avoid is the sight of a narrow gap between houses, usually as a result of two houses built close together. This is a mini version of Tian Zhan Sha (Crack in the Sky Sha).

It is also not recommended to have the main door overshadowed by thick foliage from trees, causing the property to be under a perpetual shadow. This creates Yin Sha, which affects the mental health of the residents.

These are some of the highly undesirable external factors affecting the main door and one should avoid buying a property with these factors present.

Kitchen

Since the kitchen represents life and health of the people living in the property, it is essential that the residents only consume good food to ensure great health. A badly located kitchen usually brings poor health for the residents. Hence, the kitchen should never be located in the central place or the Heavenly Heart of the home. Having a kitchen in these areas of the property is like giving the property a constant heartburn, creating instability and long-term nagging health problems. The kitchen should always be located at the side of the house, and never in the centre.

Aside from the general location of the kitchen, one should also evaluate the layout within the kitchen. Ensure that the stove is not located in front of any door or doorway entering the kitchen. This is like a mini T-junction causing the Qi to rush in the door, hitting the stove and imbuing the cooked food with Sha Qi. If possible, move the stove away from the kitchen door.

Bedroom

Sleeping is important as it impacts our vitality. Like the kitchen, the bedrooms should be located in suitable sectors of the property, based on the formulas in Eight Mansions, Xuan Kong Da Gua or Flying Stars.

Rooms that are round, triangular or oddly shaped with sharp corners should be avoided at all times. Instead, choose a square room as it can, to some degree, insulate any form of negative Qi that impacts the room.

Drains

Look outside the main door of a property and observe the location of the drain. If the drain runs parallel to the main door, the occupants may face a problem known as Cutting Feet Water. This negative Water feature adversely blocks the Qi from entering the property, cutting into the vitality of the Qi in the house.

Although this should be avoided at all cost, you will only have a Cutting Feet Water problem if the drain is visible from the main door of your property. If not, it should not be a cause for concern.

Roads

Most in-demand properties are those that are situated away from roads that are sources of extreme noise pollution and heavy traffic. From a feng shui perspective, what one needs to watch out for are the curves on the road leading to the property. This is called a Bow Formation and will cut into the flow of Qi into the property.

Also avoid properties that have narrow or wide alleys opposite them. This is because it can cause either a Pulling Nose Qi or Sky Crack Sha problem (depending on the type of alley) and this negativity is usually extremely hard to correct.

Other notorious negative features include the T-Junction. Living up to its unlucky reputation, even non-practitioners of feng shui know better to avoid purchasing properties “hit” by the T-Junction. However, if the T-Junction just misses the property by a margin, you can usually counter any negativity by planting trees or plants to act as a barrier for the bad Qi.

Unless you are financially able to custom-build your dream house, be prepared for the fact that any house will have a feng shui problem or two – though you should bear in mind that not every one of them are severe issue.

You should also be prepared for the fact that sometimes, not every one of these problems can be easily fixed by a consultant. The trick is to find a home without the problems in the first place. Do not give up as with some patience, effort and the right questions, you will be able to find it.

This article is contributed by Dato’ Joey Yap, the founder of the Mastery Academy of Chinese Metaphysics, a global organisation devoted to the teaching of Feng Shui, BaZi, Qi Men Dun Jia, Mian Xiang and other Chinese Metaphysics subjects. He is also the Chief Consultant of Joey Yap Consulting Group, an international consulting firm specialising in Feng Shui and Chinese Astrology services.

Source: iMoney.my

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Increase In House Prices Just Temporary After GST Implementation

November 17th, 2014 No comments

Any increase in house prices upon implementation of the Goods and Services Tax (GST) in April next year is just temporary, as a number of measures are already in place to curtail the rise.

Deputy Finance Minister Datuk Ahmad Maslan said among the measures are increasing the real property gains tax from 15 per cent to 30 per cent, enhancing the price of houses from RM500,000 to RM1 million for foreigners, and barring developers from undertaking projects based on the Developer Interest Bearing Scheme.

He told reporters this after officiating the closing of a GST information session and a briefing on current issues at the Masjid Tanah Parliamentary constituency here today.

Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan said recently that the price of houses can be expected to rise by three per cent based on a study by the Real Estate Housing Developers Association of Malaysia (REDHA), after the GST implementation.

Ahmad, however said, the figure could be just one to two per cent based on the calculation of the Finance Ministry and the Customs Department.

Meanwhile, he said he would propose to the government to reduce the RON 95 fuel price, if global oil prices fell to between US$70 to US$75 a barrel.

He said a reduction could be undertaken, as it would have passed the subsidy threshold of the government.

The price of Brent crude oil is at US$79.41 a barrel at present

Source: Bernama

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The Reality of Affordable Housing in Penang

November 16th, 2014 5 comments

by Ken Lim

Housing affordability is a common issue not only in Malaysia, but also in many other countries such as Singapore, Hong Kong, China and Australia. Recently I have also read the latest news about India inviting Malaysian developer to build affordable homes in India.

In some developed countries like Japan and United Kingdom, the availability of affordable homes, usually within the proximity of transportation hubs and at the same time linked to job distribution, is severely reduced due to rapid regional urbanization and growing population density primarily focused in a particular area. Today, they are still dealing with the same issue as we progressed with time.

Malaysia is only getting off the starting block. As our young nation continues to evolve and grow, it is a matter of importance for us to address the housing needs due to the distinctive disparity in household income. Affordability issue will always exist yet if the right and effective strategy is implemented, the implication can be less severe than expected.

While both government and private sectors have formulated various plans to deliver affordable housing, it seems to me that the people are not as excited as they should be. I can confirm this from the level of engagement in PenangPropertyTalk.com. A RM800K condominium in Tanjong Tokong has attracted twice more traffic and Facebook sharing compared to a RM300K affordable housing project in Mount Erskine. News about Ikea coming to Batu Kawan had almost thrice the traffic and Facebook sharing compared to affordable housing plans within the vicinity of Batu Kawan.

One of the possible reasons could be due to the slower pace in terms of paradigm shift of the mentality of the people with respect to the idea of affordable housing in Malaysia.  The general public perception of affordable homes is akin to aging dilapidated flat with little or no facilities at all. Many still harbour hopes that the government will be able to make the private homes more affordable, having the new private housing development to reduce their price within the range of 10-20% so that affordability is within grasp. But seriously, do you think that is a remote possibility?

Government and Bank Negara cooling measures are meant to control the housing price so that speculation activity would not reach an unhealthy level. However it is unlikely to reduce housing price to a great extent unless we are talking about an economy crisis where the stock market takes a plunge, many MNCs closing down, and a lot more people losing their hard earned jobs.

At this early stage, the introduction of affordable housing scheme is just not good enough. Instead of just waiting for people to accept it, a substantial effort should also be spent on marketing in order to bring the awareness to the people in a proactive manner. Today, affordable housing is targeting those professional workers with a monthly household income up to RM10,000 per month. They are not just looking for home with four concrete walls. It is a living solution that everyone is seeking. A place where they can stay in a comfortable manner, with primary basic amenities within close proximity  that can serve their daily needs, particularly in getting to work as well as fulfilling the  education needs of their children.

Financial institutions, developers and government can definitely work together to do much better by providing more affordable options, better first home ownership scheme and not to forget a stringent regulation to ensure the units are primarily meant for home owner ‘s occupation however not to derive profitability from rental yields.

For Penangites, it’s time for us to rethink all the possible affordable options available. There are also plenty of decent options available in the secondary market, which we should undertake to purchase before it gets out of our reach in the foreseeable future.

– Ken Lim
(Founder and Principal Reviewer, PenangPropertyTalk.com)

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Property summit in January

November 14th, 2014 12 comments

The inaugural Penang International Property Summit and an international property exposition will be held in January next year at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Relau.

The summit themed ‘Managing Future Trends and Challenges’ will be held on Jan 9 and Jan 10, while the property exhibition will be on show from Jan 9 to Jan 11.

State Housing and Town and Country Planning Committee chairman Jagdeep Singh Deo said although there had been many property exhibitions in Penang, the summit would be the first to have a conference as well as a property exhibition.

“In line with our aspiration of becoming an international and intelligent city, the con-ference is aimed at creating better awareness of the many issues that are faced by the industry players and their views will be heard by the state government, in order to further promote the property market in Penang,” he told a press conference recently.

He said several prominent speakers would speak on topics such as the challenges of affordable housing, incentives for first-time home buyers and greener buildings.

“There will also be a CEO round-table dialogue chaired by Chief Minister Lim Guan Eng. The dialogue is by invitation and is limited to 30 captains of the industry.

Event director Ong Ban Seang said there would be about 70 companies and developers participating in the Penang Property Summit 2015.

Source: StarProperty.my

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Housing: Build-then-sell concept will not be implemented in 2015

November 13th, 2014 No comments

The Urban Wellbeing, Housing and Local Government Ministry has decided that the plan to compel housing developers to adopt the concept of build-then-sell will not be implemented next year.

Its minister, Datuk Abdul Rahman Dahlan, said it was to prevent shortage of houses in the market, which will cause a hike in housing prices.

“Our study showed that if we compel housing developers to adopt the concept starting 2015, it will contribute to the hike in housing price, and the small-scale housing companies or developers will not be able to develop any project as they have to bear all the cost,” he told a press conference after chairing the National Housing Committee meeting at his ministry Wednesday.

Abdul Rahman was commenting on the issue, which had become a hot topic of debate among developers and house buyers, following the announcement made by the former Housing and Local Government Minister Datuk Seri Chor Chee Heung that all housing developers would be compelled to adopt the build-then-sell concept starting 2015.

Under the concept, which aimed to stem the abandoning of housing projects, house buyer will only have to pay 10% deposit, while the balance of 90% would only be paid after the houses are completed.

Commenting further, Abdul Rahman said he had studied the Chor’s speech regarding the matter, which he made in Parliament in 2012, and found that Chor has just said that the government was planning to introduce the build-then-sell system in 2015 if the time was right.

“…and right now, we are in the opinion that the time is not right for the concept to the implemented, especially with the Goods and Services Tax set to be imposed in April,” he said.

The minister, however, said the ministry did not reject the concept, but would really encourage any housing developer to adopt the concept voluntarily.

“It’s a marketing tool for them, we congratulate and propose they should continue with that, but it cannot be enforced yet because we fear that the price of houses will continue to go up,” he added. – Bernama

Source: StarProperty.my

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