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Real Property Gain Tax  (RPGT) for Industrial and Commercial Properties 2021 in Malaysia
Is there tax relief for the commercial and industrial property? This article intends to give you some insights into how RPGT affects commercial and industrial properties. Let us take a look at what is RPGT and some of the significant changes. The real property gain tax imposed by the Inland Revenue Board (LHDN)  is a capital gain tax. RPGT comes from the disposal of real properties such as land and buildings situated in Malaysia or shares in real property companies  (RPC). The capital gain ...
Warehouse Storage of Dangerous Goods   What You Should Know
Dangerous Goods (DG) storage is regulated under the Occupational Safety Health Act 1994. The storage of hazardous goods is regulated with strict compliance with protocols, safe practices, and paperwork to ensure compliance and safety. Dangerous chemicals that are stored improperly in the warehouse can cause fire or explosion and causing bodily injuries.  Types of hazardous materials.  Under the Storage of Hazardous  Chemical Guideline guidelines by the Department of Occupational Safet...
2021 The Year of Recovery ?
In 2020, our world economy endured its deepest recession, as the Covid-19 upended lives and livelihood. Last year, the coronavirus has caused half the world’s population to virtually shut down businesses, trade, travel and to remain indoors.  Marching in 2021, what would the economy of 2021 be like? According to the Organization For Economic Co-operation and Development (OECD), the global output will return to pre-pandemic levels by the end of 2021 after witnessing a sharp decline of 4.2%  ...
2020 The Year in Review
Coronavirus 2019 has certainly brought a new realm of economy to the society. With the old economy in the past and signs of traditional business closing down, many people lost their jobs. For example, the tourism industry is not doing well as many people could not travel overseas and construction projects are forced to put on hold. However on the other side, with the aid of technology, new industries emerge such as e-commerce. The advancement of technology and IT creates a different job marke...
Guide in Industrial Property Investment in Malaysia
Malaysian are known for their love of real estate. With many property mentors and experts sharing their success stories, there is a mutual belief that property is a lucrative investment. The obsession is always on residential properties, however many seasoned property owners and investors are eyeing commercial real estate to diversify their property investment. Under commercial real estate, industrial property can include warehouses, factories, depots, manufacturer’s storage, logistics & d...
The advantages using a industrial property  estate agent in renting or selling your property
As an avid property owner and investor, there are times when you lose count of which of your property is currently being rented, whether your landlord-tenancy agreement is coming to an end, and sometimes, even keeping track of whether all your rentals are coming in on time each month. Your headache is amplified when you are an owner of “bigger” kinds of properties – ie: industrial factories, buildings, and so forth. It goes without saying that renting your factory to say a food manufacturing ...
Factories of the Future. What to Expect
When you think of industrial factories, what is the first thing that comes to mind? Big, grey, and boring are probably it. Unlike residential and commercial properties where the “fun” and “measurable” factor of how good the property comes in terms of amenities and the different designs it has, there are many factors that determine what makes a good industrial factory as well. While residential and commercial properties act as a shelter and venue for business operations respectively, indu...
Should You Invest In An Industrial Property?
A property investor often looks at two things to make money - the capital appreciation or rental yield from a property. There is, however, an increasing trend in industrial property investments for those who have a higher income ability. Industrial real estate is commercial real estate that usually offers functional and retail space in factories and warehouses mainly used to manufacture goods, storage, and logistics. Let's measure in on the pros and cons of investing in industrial properties....
4 Important Factors To Consider When Buying A Factory
  During this current Covid-19 pandemic, the property market will be on its most difficult periods in recent history yet various market research reports have shown that the effects of this pandemic in the industrial sector have had marginal effects. The rise of e-commerce has caused an unabated demand that has driven rental prices up, hence buying a correct industrial property can be challenging under prevailing market conditions.   It is important that buyers weigh up key factors with ...
Why Is  Certification of Completion & Compliance and the Fire Service Certification  Important
If you’re looking to lease or purchase industrial property here in Malaysia, there are a few things to consider that you probably didn't think of. Often times prospective tenants condense the entire picture into a single focus – the cost per square foot. his approach overlooks many factors, and one of the most applicable in 2020 is the certification of fitness and compliance (CCC)   What is the Certification of fitness and compliance (CCC)   The CCC means that essentially the building is ...