Chinese women's marriage criteria,logical search for a mate

72% of women consider housing as a key requirement for a marriage partner, says the latest report of the Chinese Marriage Status Survey 2014, issued by China’s leading marriage service provider Baihe.com on Jan.11, 2015.

Researchers collected the results of 73,215 online questionnaires and held in-depth off-line interviews with 200 single men and women from 34 provinces, municipalities and autonomous regions.

Why still single?

The report shows that 63% of single men and women spend an average of more than six hours alone on their rest days; and 32% spend more than 10 hours alone. Surfing the internet, hanging out with friends, and just “quietly” staying at home have become the top three activities for single people.

32% of single women follow TV dramas while 67% of men scan websites, killing their private time at home.

The report concludes that the main reasons for remaining single is too much time spent alone - too few social contacts is the top obstacle to meeting the right person. 80% of single women report this.

Gender differences in marriage requirements

Nowadays, love is no longer the only passport for two people to enter marriage. The report says that more than 40% of single men and women are only willing to get married with a person in a suitable situation. People are becoming ever more rational and realistic when choosing their spouses.

The top three concerns for single men are appearance, physical health, and emotional experience. Single women attach more importance to a partner’s financial situation, physical health, and career.

33% of single men and 27% of single women have experienced interference from parents in their relationships.

Focus on housing

The report shows that 71% of women view housing as a key requirement for a potential marriage partner. 18% of women counted car ownership as one of the basic requirements, a rise of 9% compared with 2012. Both men and women said that a stable income and some savings were important factors.

Nearly 60 percent of women do not intend to have a second child, according to the report, although China has relaxed its birth control policy to allow couples to have a second child if either parent is an only child.

The report also shows that 33% of women think that Chinese men do not deserve Chinese women, in terms of "self-accomplishments and ability to care for themselves." - (People's Daily Online)

The logical search for a mate

‘Love’ takes a back seat when seeking prospective life partners

LOVE is not the only criterion for marriage in China. A recent survey shows that more than 40% of Chinese look to marry someone who suits them in appearance, educational background, social status, income and other characteristics.

Baihe.com, a major dating portal in China, released its 2014 Chinese Marriage Status Survey Report on Sunday.

The site has tracked marriage trends in the country since 2007.

The latest results show that 44.4% of male and 49.7% of female respondents said the reasons for their choice of a marriage partner include their prospective mate’s coming from a family of equal social rank.

“This means people are much more rational when it comes to the marriage decision,” the report said.

“They would like to match each other under every single standard. Love is no longer the only pass.”

The report also said that more than 70% of female respondents said they would consider marriage only if the male partner owns property.

And more than 70% of the women hoped their future husband’s income would be double their own.

Zhou Xiaopeng, the chief marriage consultant at Baihe.com, characterised the phenomenon as “supermarket marriage”, where people come with “money in hand” and want to select the best “products” after shopping around.

Tu Ying, a researcher at the portal, said that seeking a partner with quantifiable requirements is efficient.

“In everyday life, it is more and more difficult to find the right person and get to know him or her – not to mention the cost it comes with,” Tu said. “If people start with quantifiable standards, and then develop their relationship based on that, it is more likely to be a stable relationship.

“Starting marriage with money cannot guarantee stability from the beginning.

“Every relationship needs cultivation from each side.”

Zhou Xiaozheng, a professor of sociology at Renmin University of China, attributes the new approach to marriage choices to changes in society.

“Chinese people’s view of choosing a mate has undergone many changes,” Zhou said.

“In the past, marriage was arranged by parents, which reflected the will of family or country. Then it became a personal choice, or socalled love choice. And now it is more related to material standards, or what we call materialism in marriage.”

“This is simply because people live in a materialistic world: A couple needs an apartment to live in, which costs a lot; the couple needs to find a good school for their children, which costs a lot; the couple who live far away from their parents need to find a way to support them, which also costs a lot,” Zhou said. “It is a vicious circle.”

Zhou said to reverse the materialistic trend, the country needs to continue its anti-corruption campaign and improve social welfare, and young people need to know that money is not the solution to everything. - China Daily/Asia News Network

Regulating energy flow of a house with Vasthu Sastra principles

Cuts or voids in certain quadrants of a property can have negative effects on occupants.

CUTS on a piece of land or on the physical structure of a property can distort the flow of subtle energy, thereby affecting the wellbeing of the occupants of that space.

This is highlighted in Vasthu Sastra, the ancient science of architecture, which urges practitioners to build, design and renovate houses and buildings to be in harmony with their surroundings.

At my talk during The Star Property Fair at the Kuala Lumpur Convention Centre last Sunday, issues related to irregular shapes of land and buildings dominated questions at my presentation on Vasthu Sastra and pyramids.

Members of the audience were seeking answers as to why they were facing challenges after moving into properties that were not square or rectangular in shape.

The space we occupy, whether permanent or temporary, is actually a representation of a miniature Earth and we must be in harmony with the energies that govern the space to enjoy favourable health, peace, happiness and prosperity.

According to Vasthu principles, the eight compass directions of each property are governed by a planet that has specific influences on the occupants’ health, mood and welfare.

What is vital here is to prevent defects like cuts and extensions in these quadrants because the outcome will be adverse.

The north is ruled by Jupiter and if a property has a void in this quadrant, the occupants will not enjoy good fortune, incurring more expenditure than they receive income.

This is because the powerful planet is associated with prosperity, foreign travel and merrymaking.

North-east is associated with Mercury, which controls the education, spirituality, communication and growth of any individual. A defect in this sacred sector will hinder growth and success.

East is ruled by Venus and disruptions here will impede the dwellers’ beauty, comfort and affection towards people.

 

1. Vasthu Master Yuvaraj Sowma (right) performing a Vasthu yantra ceremony to correct the irregular shape of a plot of land.

2.Vasthu Master Yuvaraj Sowma (right) performing a Vasthu yantra ceremony to correct the irregular shape of a plot of land. Vasthu Master Yuvaraj Sowma (right) performing a Vasthu yantra ceremony to correct the irregular shape of a plot of land.

Master Yuvaraj placing a Vasthu yantra on one of the eight corners of a piece of land to correct defective energy flow.

South-east is associated with the Moon which is linked with mood and emotions, and any shortcomings in this sector will result in the occupants having a disturbed character and difficulty in getting along with people.

South is ruled by the aggressive planet Mars and its characteristics are related to the muscular system. Faults in this quadrant can lead to occupants experiencing hypertension and longevity issues.

South-west, a powerful quadrant in Vasthu for married couples, is associated with relationships and is influenced by the celestial planet Rahu (dragon head).

A cut in this area will disrupt the conjugal relationship and passionate impulse that should be enjoyed by the husband and wife.

West is controlled by Saturn and a missing quadrant here will result in the dwellers experiencing financial hardship, and an increased likelihood of bone and bladder problems.

Kethu (dragon head) is responsible for liberation and any imperfection in the north-west sector will upset wisdom and give rise to respiratory problems.

According to my 7th generation Vasthu master Yuvaraj Sowma, the defects can be corrected by acquiring the missing space or realigning the land or structure to make them a perfect shape.

People should be careful when acquiring a property and should avoid irregular-shaped properties because it can sometimes be challenging to bring them into a rectangular or square shape.

For land and buildings that cannot be corrected physically, master Yuvaraj suggested the use of the ancient Vasthu yantra remedy which involves the placement of eight mystical silver diagrams in the eight corners of the property.

The sacred object has the power to negate the inauspicious effects of Vasthu faults in a property.

The rectification ceremony is to appease the planets with the vibrations of the energised objects that have similar qualities to chanted mantras – that is, to restore balance to the energy of a location.

This can be done before construction of the property to correct the irregular land shape, or after occupants have moved in to rectify the structural defects in the respective corners.

Its purpose, says master Yuvaraj, is to regulate the positive vibrations in the living space by Vasthu yantra, which are buried under the soil.

Vasthu yantra have the power to regulate the positive vibrations in a living space by overcoming malefic effects, thereby giving the residents peace, happiness, good health, improved fortune and spiritual development.

T. Selva is the author of the Vasthu Sastra Guide and the first disciple of 7th generation Vasthu Sastra master YuvaViewpoints -Ancient Secrets by T. Selva

Vasthu Sastra talks

T. Selva will present a talk on 2015 astrology forecast and Vasthu Sastra for health, peace and prosperity on Jan 3 at 7.30pm at Shirdi Sai Baba Centre, 10 Jalan Trus, Johor Baru. A similar session will be held on Jan 10 at Shirdi Sai Baba Centre at 27 Jalan Ampang, Kuala Lumpur. Admission is free. To register, call 012-329 9713.

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Burglar-proof your home

Fending off thieves need not be expensive

PROTECTING a home from break-ins is high up on everyone’s priority list.

But fending off burglars and thieves doesn’t always require one to buy expensive security systems, or plonking down cash to turn houses into impenetrable forts.

The following are some simple, inexpensive ways to burglar or theft-proof your house against unwanted intruders.

Reinforce the doors and locks

According to the The Telegraph’s “How to burglar-proof your home - tips from an ex-thief,” a shabby-looking door is an open invitation for thieves.

“If your front door looks tatty, or if it only has one cylinder lock instead of a cylinder lock plus deadlock, it will catch a thief’s eye.

Marilyn Lewis of MSN Real Estate points out that thieves generally prefer to use the front door.

“Creeping out a window is hard, and it’s far more difficult when carting out a load of loot. Thieves typically test a house by first ringing the bell to ensure no one’s home, then trying the door handle and perhaps putting a shoulder to the door to see how solid and how firmly attached it is.

“To enter, the usual tool is a pry bar or a strong kick of the boot. Sadly, many doors fly open easily.”

Reinforcing your front entrance with a steel gate is a popular and common option to protect your front door.

Secure the perimeter

According to the Malaysian Department of Statistics, the bulk of burglaries tend to take place in the night rather than in the day. According to its Crime Index for the year 2009, a total of 27,060 burglaries took place in the night compared with 11,396 burglaries in the day.

This clearly justifies the need to reinforce the security around your home.

“Replacing porch lights and other outdoor lights with motion-sensor lights is cheap and easy,” writes Lewis.

With the bulk of burglaries taking place in the night, it makes sense to “light up the house,” says ABCNews.

“Scare off those burglars with motion-sensor lights. Look for ones with adjustable sensitivity to avoid getting a false alarm from things like tree branches rustling. And keep the outside of your home illuminated an all sides using energy-efficient compact fluorescent,” it says.

Buying a good alarm system is also a viable option – provided it doesn’t cost you a bomb. Lewis says many people spend thousands of dollars buying, leasing and installing electronic alarms, and then sign contracts requiring them to shell out thousands more to a company that monitors the alarm.

“A 30-second alarm blast should scare away intruders. Also, newer alarms can be programmed to do what monitoring companies do first anyway: phone you (or text you) when the alarm has been tripped.”

Make the house seem “lived in”

Even if you’re not home (be it out at work or away on vacation), don’t give the impression that there’s no one at home.

“Make sure you don’t give obvious clues that you’re not home. Turn down the telephone ringer, so burglars won’t hear you aren’t there. Make the house seem like someone is home with lamps or a radio on a timer,” says ABCNews. “(Also) don’t leave mail piled up in the mailbox if you’re away. Again, you’re telling the thieves what’s going on, that you’re not home,” it says, adding that if you do go away on vacation, “don’t blab on Facebook when you’re leaving town.”

If you have newspapers delivered to your home, inform the vendor that you’ll be away, or get your neighbour to remove them from your doorstep.

Says Lewis: “When you’re gone, don’t let stuff like newspapers, real-estate cards and pizza fliers accumulate in front of your door.

“Leave a vehicle in your carport or in front of the house if possible. Ask a neighbour or friend to help you out by parking there. Get friends to pick up newspapers, cut the grass, water plants, feed pets and open and close curtains, varying their routine to add a note of unpredictability if possible.”

 Get a dog

Owning a dog is an inexpensive and effective way to keep robbers at bay.

While owning a dog may not make your property impregnable it can, however, make the home less approachable

ABCNews, in its article “5 Ways to Avoid a Break-In: Confessions of an Ex-Burglar,” speaks to a former convict that actually confirms this fact: “No burglar wants to deal with a dog and so won’t take the chance and probably will avoid the neighbors’ houses, too.”

Lewis, meanwhile, notes that while owning a dog may not make your property impregnable, it can, however, make the home less approachable.

“You don’t want a pooch? That’s okay. Post a “beware of dog” sign anyway.”Lewis cites Chris McGoey, a security expert and consultant who doesn’t have a dog, but owns a sign and makes a point of asking service people to wait before entering his property, so that he can “put the dog in the house.”

“The sign is cheap. It makes people think twice,” says McGoey.

By Eugene Mahalingam The Star/Asia News Network

Is having a car still a symbol of freedom?

HAPPY 2113! Rest assured there is no typo error on the intended year of the greeting. I am wishing everyone a Happy 2113 at the beginning of 2013, to invite you to an adventurous ride to see the world 100 years ahead.

Imagine yourself embarking on a flying public vehicle that can carry you almost anywhere without the hassle of traffic jams. Late and missed appointments will be a thing of the past.

With an effective and efficient public transportation system in place, using your own vehicle other than for leisure or emergencies would seem unnecessary.

Imagine that the highways, car lanes and open car parks that once filled the landscapes are now replaced with parks, pedestrian friendly streets, public halls, malls, cafés and restaurants.

Travelling far to enjoy a good meal or watch a movie at the cinema becomes a distant past.

With ample time at hand, you can even catch up with colleagues, friends or family members at these easily accessible and beautiful sites or if you prefer, indulge in your favourite sports such as jogging, cycling, etc.

Now, that is creating true work-life balance.

This scenario sounds like a fantasy but it may become a reality in 2113, a hundred years from now. A hundred years ago, the sky was the limit.

Today, outer space is the limit. With the advancement of technology nowadays, there is no limit to our imagination.

However, we do not need to wait a hundred years to enjoy such a lifestyle. We can have a city with a hassle-free public transportation system if we start planning and building it now.

Efforts must be made before we can move towards a world-class city where the citizens can travel freely despite the growing population.

To achieve this, one of the areas that everyone can contribute is to reduce the usage of private vehicles which is currently the main mode of transportation in our country.

Every year, we have more than 600,000 new vehicles joining the traffic league.

Imagine what will happen to our traffic condition 100 years later if this number keeps increasing?

The strong demand for cars is understandable as cars have long been associated with the symbol of freedom and independence. This symbol is further hyped in many movies such as the James Bond series and associated with many famous celebrities including James Dean.

Today, we are still embracing a vehicle-centric culture. Given a choice to pick between a self-owned vehicle or a self-owned property, the vehicle always gets the thumbs up especially for the younger generation. The young ones plan for the wheels they ride in but give less attention to the homes they live in.

According to the 10th Malaysia Plan, our public transportation usage has only reached 12% in 2009. Our government aims to increase it to 30% by 2015. In other vibrant cities such as Hong Kong and Singapore, their public transportation modal shares are about 90% and 60% respectively. In terms of car ownership,

Malaysia has a ratio of 200 cars for every 1,000 people, compared with Hong Kong’s 59 cars per 1,000 residents, and Singapore’s 117 cars per 1,000 residents.

With the number of vehicles rising significantly in our country, there is little room left for a car to continue being a symbol of freedom as portrayed in James Dean’s movies. Where is the freedom in owning a car if it is common to have long queues on our roads and our car is caught in traffic congestion?

Even in America, where the population is traditionally obsessed with cars, the Frontier Group and US Public Interest Research Group found that, Americans between 16 and 34 years old have in fact drove 23% fewer miles in 2009 compared with 2001. Meanwhile, they increased bicycle riding by 24% and their mileage on public transport by 40%.

To effect these similar changes in our country, a comprehensive and efficient public transportation network must be provided. One of the notable efforts made is the the Mass Rapid Transit (MRT) project.

The Sungai Buloh-Kajang line which is expected to be completed in 2017, is purportedly able to serve a population of 1.2 million people and attract 400,000 passengers per day.

The announcement on the alignments of Line 2 and Line 3 next year is a good move to transform our transportation landscape.

As we wait for the completion of the MRT networks, other alternatives such as providing more feeder buses and taxis, or extending the current number of our LRT coaches should be considered.

The 2113 scenario with all its sophistication and engaging living environment is a lifestyle worth pursuing. Best of all, we do not need to wait 100 years to enjoy this lifestyle if the public transportation projects can be expedited. It is done in many great cities, why not our own cities?

Today’s infrastructure is built for decades to come, it is meant to support the demand and growth of our future generation. A comprehensive public transportation system will be the answer to the challenges posed by a world class and people-oriented city. And the true symbol of freedom is captured when you are able to speed on an MRT which bypasses the cars stucked in the traffic below. ·

 Food for thought  By DATUK ALAN TONG

FIABCI Asia-Pacific regional secretariat chairman Datuk Alan Tong has over 50 years of experience in property development. He is also the group chairman of Bukit Kiara Properties. For feedback, please email feedback@fiabci-asiapacific.com.

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Nightmarish hunt for a home ?

Property consultants forecast the property market to remain slow for the rest of the year. Will the average middle-income earner be able to afford the house of their dream now?
 
COMMUNICATIONS executive Michelle (not her real name) has been house-hunting for a while now but has yet to find a property that suits her budget.

Having been in the workforce for nine years, Michelle, 33, feels it is time to buy her own house. But with the prices of residential properties in Malaysia skyrocketing over the last two years, her prospect of getting her dream home looks bleak.

“Back in 2009, my friends were telling me to buy my own place but at that time, my priority was to travel. Around last year, when I was finally ready to commit to getting a house, prices weren't what they used to be any more.

“A decent 1,000sq ft (93 sq m) apartment that used to cost around RM200,000 to RM300,000 is now RM500,000 to RM600,000. That is far beyond what I can afford,” she laments.

Soaring interest: Prospective house buyers at a property launch. — Filepic

 

From early 2010 up to the end of last year, residential properties in good locations within the Klang Valley have seen a sharp spike of between 20% and 40% in price, a trend which has caused grave concern for potential house-buyers.

But how is the scenario looking in 2012?

According to KGV International Property Consultants executive director Anthony Chua, the first half of the year has been generally quiet.

“There seems to be a breather in the residential market. It's definitely not as busy compared with the same period last year. (The number of) inquiries with us have also lessened significantly,” Chua says.

He explains that inquiries in 2012 with KGV on high-end properties (above RM2mil) have gone down by about 30% compared with the first half of last year. Inquiries on other segments (between RM1mil and RM2mil, and below RM1mil) have also gone down but not as drastically.

Reasons for this could include tighter lending guidelines set by the banks and buyers taking a more cautious approach on their investments this year.

(Following Bank Negara's new lending guidelines, which came into effect on Jan 1, loans are now approved based on net income compared with gross income previously, in addition to the need for more documentation. The new guidelines are intended to help keep household debt in Malaysia to reasonable levels.)

Chua: ‘While interest in property purchase has waned, prices are still going strong for landed property.’

Chua adds that there was a lot of speculation in the property market in the past two years, and that the market is due for a correction.

“The economic scenario is not as rosy and people are expecting things to worsen, which could be why they are hesitant to invest. And to a lesser degree, it could also be the coming general election, which is causing some uncertainties,” Chua says.

Paul Khong, executive director of property consultancy CB Richard Ellis (M) Sdn Bhd, shares similar sentiments.

“The number of buyers (for properties above RM3mil) has dropped by about half with the stricter bank-lending guidelines, which has eliminated the speculative group (of buyers).

“For properties below RM2mil, the market is relatively active with more real transactions. With the new lending guidelines in place, many investors have disappeared from the radar,” Khong says, adding that those who want to purchase their third property now will need 30% in cash for downpayment.

“So, to buy a RM3mil property, they'll need RM1mil in cash if it is their third property. Previously, RM400,000 was enough,” Khong says.

Interestingly, Chua notes that while interest in property purchase has waned, prices are still going strong for landed property.

However, sellers are seen to be less aggressive this year.

“They seem to be less demanding and more willing to accommodate. Last year, they would have said this is my price', and would have refused to budge,” he says.

Property consultants forecast the property market to remain quite slow for the rest of the year.

Khong: ‘The number of buyers (for properties above RM3mil) have dropped by about half.’ >>

Even so, for average middle-income earners such as Michelle, the current prices of properties in various locations within the Klang Valley (refer to chart) leave her with few options.

“I don't even dare look at landed property any more. Even apartments at relatively good locations cost RM400,000 and up.

“For my budget, an apartment around RM200,000 to RM350,000 would still be quite comfortable,” says Michelle, who currently lives with her family in Petaling Jaya.

A mass communications graduate from the United States, Michelle draws a salary of about RM5,000 a month, which goes into paying for her car loan, household expenses, utilities, and credit card bills.

“Household expenditure doesn't just cover grocery shopping. I also have to pay for medical bills, car maintenance and repairs as well as give my parents some money too,” she says.

“As banks are now looking at net income, the loan amount I qualify for is unlikely to be enough for me to even afford an apartment in the Klang Valley.

“Sure, you can still get cheaper houses in places like Bukit Beruntung, but it's just too far away. My life is here. At the rate property prices are going, the thought has crossed my mind that I may never be able to afford a place of my own.”

It's not just within the Klang Valley that property prices have escalated.

Early last month, it was reported that residential property prices in Penang have shot up by more than 25% over the past five years.

Condominium units in Batu Ferringhi, Tanjung Bungah and Gurney Drive, with sea-front views, are being sold at astronomical prices, in some cases beginning with RM2mil for a 1,000 sq ft unit.

Houses which cost about RM500,000 in 2007 now cost RM800,000 an increase of about 30%.

Chang: ‘An entire generation of young adults could be locked out of property investments.’

Raine & Horne Malaysia director Michael Geh was reported as saying that the increase was among the steepest in the Pulau Tikus, Gurney Drive, Tanjung Tokong, and Tanjung Bungah residential neighbourhoods, which experienced a 25% increase in prices of condominium units.

Other areas where prices of condominium units and terrace and semi-detached houses have shot up by at least 25% are Bayan Baru, Sungai Ara, Minden Heights and Batu Maung.

Medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Jelutong Road and Sungai Pinang have also not been spared an apartment located in such a neighbourhood cost RM180,000 in 2007 but is now RM250,000.

It is precisely with this concern in mind that the National House Buyers Association (HBA) has come up with a 10-point proposal to the Government, to find solutions which it claims will hopefully bring prices down.

Among the proposals are for the Government to unlock its land banks in various locations and give priority to affordable housing projects rather than high-end properties.

The HBA is urging the Government to take the lead in developing affordable homes and not leave it to property developers.

It has also proposed that those who buy homes under the affordable housing projects (with a proposed price range of RM150,000 to RM300,000) be barred from selling their property until after 10 years. Before the 10-year period is up, they should only be allowed to sell the house back to the Government.

The association has also proposed that the Government impose a higher stamp duty and real property gains tax as well as tighter mortgage rules for those buying a third and subsequent properties.

HBA secretary-general Chang Kim Loong notes that with the way prices are climbing, the majority of young working adults will not be able to afford to buy a home.

“I'm talking about young people from around the age of 25 to 35 years old, with an average income of about RM3,500 per month.

“The rule of thumb is that a third goes into paying for your home.

“But with RM1,000, many will still not be able to afford it. The consequence of this could be that an entire generation of young adults could be locked out of property investments,” he explains.

A question that needs to be asked, however, is whether HBA's proposal for “affordable housing scheme” by the Government will be able to meet the needs of the urban middle-income earners such as Michelle.

“There are several factors to consider. The location, for example,” Michelle says.

“If the design and quality is decent, then yes, I am willing to consider it. But this doesn't mean we have to settle for bad quality homes, with cheap construction materials.”

BY LISA GOH lisagoh@thestar.com.my

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How to get the best price of your property's resale value?

Nobody likes to buy a home with something that requires big money to modify or repair

While the adage “location, location, location” is still considered the ideal gauge for your property’s resale value, there are other factors that can still play a part in helping you get the best price when you part ways with your home.

One of the things to consider is the upgrades or renovations that you may have made to the property. While making improvements to a home can be a good thing, there are some additions that can make or break your property’s resale value.

The following are some home upgrades that will dampen your property’s resale value.

Poor renovation

It’s one thing to make renovations to your home – and another thing when those upgrades requires further improvements!

“Nobody likes to buy a home with something that requires big money to modify or repair,” says property investor Kamarul Ariff.

He gives an example of a property he had purchased that had a “badly-renovated roof.”

“The roof obviously had some bad leaks in the past but the renovations were very poorly done by the former owner. Unfortunately, when people go to inspect property, not many check to see if the roofing is in good condition. After all, most homebuyers or investors check out a property when the weather is clear anyway.”

Kamarul recalls that after buying the property, it rained heavily - indoors!

“There were leaks everywhere! When I finally got an expert to check the roof, I discovered that there were badly done patches made to some holes on the roof, which only worsen the leaks.

“In my opinion, it’s better to spend a bit more money and get a good job done than to stinge and get poor workmanship. In the long run, nobody benefits.

“It’ll affect your resale value and the buyer who’s looking for his dream home ends up buying into a financial nightmare.”

P. Lalitha, a home-buyer, shares a similar sentiment.

“The apartment I bought had poor floor renovations in the bathroom. Of course, it was my neighbour who lived below that alerted me of this.”

Upon inspection by an expert, she discovered that the cement used by a previous owner for the flooring was of poor quality.

“Renovations were not just done, they were badly done. So much so that it cost me a fortune to fix them. My advice for future home-buyers? Check every inch of your house. To home sellers, if you want to get the best resale value for your home, get your renovations done by an expert,” Lalitha says.

backyard swimming pool (Photo credit: Wikipedia)

Permanent upgrades

Some homeowners make upgrades to their property for personal gratification without taking into account the fact that they may need to sell it in the future. However, these renovations hardly do anything when it comes to resale value, nor do they make it easy to sell.

“Among them are fixtures such as swimming pools and wall modifications,” says KL Interior Design executive designer Robert Lee.

“Having a swimming pool can increase the price of a home, but it also comes with extra responsibilities that not everyone wants. If you’re a senior citizen and not the active sort, you’d probably need to hire someone to clean and maintain the pool you’d probably never use.”

He also points out that major works done to a property’s structure, such as to its walls, can be hard to undo.

“There was this large family living in two adjacent terrace houses and they made a huge arch in the wall between the two houses. When it came to selling, they had a huge problem!

“They also wanted to sell off the house as soon as possible and refused to patch-up the wall.”

Other structural changes, like turning a three-bedroom apartment or house into a two rooms can also put a damper on resale value, says Lee.

“If you’re selling a two-bedroom apartment and your neighbour is selling a three-bedded one at the same price, which property do you think a buyer will you go for?”

Home-Deco Art Sdn Bhd director Rachel Tam says having a distinct paint job won’t affect a home’s potential resale value.

“Some people paint their homes in all kinds of colours, like a kindergarten,” she chuckles.

“But it won’t affect a property’s resale value. It’s not permanent and can be easily replaced. Besides, the first thing most homebuyers do is give it a new coat of paint anyway.

Unexpected outcome

Some upgrades can be so extreme that they no longer look like what they were initially set out to be.

“We knew of someone who bought a single-storey house for RM250,000 and spent about RM200,000 to build a second level. When he sold it, he only got RM300,000,” says Lee.

“Some renovations that place a property beyond its original architecture will not increase its resale value,” he adds.

Tam notes that some people turn their homes into an office or place to conduct business, which may or may not affect the property’s resale value.

“It depends on how extensive the renovations are. If you’re just converting one room into an office, then it’s fine, as the future owner won’t need to do much or anything at all to convert it back into an ordinary room.

“However, if you’re going to start raring animals or live stock there, which may include additional structures to contain them, then this could be a put-off for potential homebuyers who are looking for a basic place to live.”

By EUGENE MAHALINGAM eugenicz@thestar.com.my

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A house built on smart ideas with earning power

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A house built on smart ideas

By WINNIE YEOH winnie@thestar.com.my Photos by WAN MOHIZAN WAN HUSSEIN 

WITH cool breeze blowing into his house which is also basking in ample natural light, retiree Tan Vait Leong does not need to switch on the lights or air conditioner during the day.

Even at noon, the 56-year-old’s bungalow at Puncak Bukit Mutiara in Pearl Hill is still cool, thanks to the environmentally-friendly and open concept design of the house.

“The planning of the design of the house started five years ago, while construction of the property took three years to complete.

“I would draw up the designs and concepts for the house while I was at airports or in planes, as I travelled frequently for work.

“I enjoyed the process, as it was also an outlet for me to destress,” said the former vice-president of a multinational company.

Having spent a substantial amount of time travelling, the father-of-four said it was only right that he designed his house ala-resort style so he would not “need to go for holidays anymore”.

One of the special features of the house is the photovoltaic (PV) solar panel fixed on the roof, which Tan had obtained through the National Suria 1000 programme to generate power from solar energy.

With that, his household is automatically enlisted under the newly launched feed-in-tariff (FiT) programme where Tenaga Nasional Bhd will buy back power generated from the PV solar panel.

Currently, the PV electricity subsidised about 20% of the household’s total electricity intake while Tan pays about RM700 monthly for his power bill.

“With the FiT, I might not have to fork out a single sen for my electricity bill,” he said yesterday.

A tour around the handsome house with a built-up area of 8,000sq ft shows there are five spacious rooms, four bathrooms, an infinity pool with a view overlooking the sea which is also connected to the living room and master bedroom, an indoor fish pond, a kitchen, a family room, a study room, a living room, an outdoor deck as well as a cosy playroom for Tan’s 10-year-old twin daughters.

Aptly named after Tan’s wife, Foo Sin Gein, 54, he said his home Gein Villa was constructed to blend into existing green environment where the big trees around are spared from the axe.

“I don’t spend money on landscaping. The trees shed leaves seasonally but it is part of the feature of the house. I don’t understand the reasons behind cutting down trees if people want to build houses on the hillside.

“Well there are occasions where our ‘special guests’ — monkeys, squirrels and bats will pay a visit but we don’t harm them as they are not aggressive, just playful,” he said.

There are no excessive furniture in the house, with only the walnut and cherry flooring along with salvaged chengal wood which Tan used to lay the staircase and kitchen tabletop.

“I also use the hollow bricks that were left over from the construction as display shelves,” he said.

“We water the plants with water from the fish pond, and we keep plants at the pool and the filter tub to absorb the nitrate.”

Retiree who still has earning power

By WINNIE YEOH winnie@thestar.com.my

GEORGE TOWN: While most people have to pay for their electricity, a 56-year-old retiree is looking forward to selling it to Tenaga Nasional Bhd.

And Tan Vait Leong (pic) simply can’t wait to be paid by the utility giant for the power generated from his photovoltaic (PV) solar panels fixed on the roof of his Tanjung Bungah home.

Believed to be among the first consumers in Penang to obtain the PV under the National Suria 1000 programme to generate power from solar energy, his household is automatically enlisted under the newly launched feed-in-tariff (FiT) scheme.

“This is a blessing in disguise. I have always been conscious about the environment and had incorporated recycling and green ideas into my daily life.

“With this, I might not have to fork out a single sen for my electricity bill,” he said excitedly at his double-storey bungalow at Puncak Bukit Mutiara in Pearl Hill.

The former mechanical engineer said the PV electrivity subsidised about 20% of electricity usage for his sprawling premises with a built-up area of 8,000sq ft (743.22sq m).

Currently, the father-of-four forks out about RM700 monthly for his power bill.

Tan also maintains an open concept for his five-room bungalow where good air circulation keeps the environment cool while ample natural light through glass panels brighten up the interior.

“The swimming pool is part of the house while the indoor fish pond keeps the home cool and is low maintenance too.

“I don’t need to switch on the lights or air-conditioners at all during the day while I do keep several floor fans on,” he added.

Launched last week, the FiT allows individuals or non-individuals to sell electricity generated from renewable energy sources back to power utility firms at a fixed premium price for a specific duration.

The four renewal energy sources that are eligible for FiT are biogas, biomass, small hydropower and solar photovoltaic.

Currently, the rate Tenaga Nasional Bhd (TNB) pays to renewable power producers is 21 sen per kWh. 
Concurrently, the average domestic rate that consumers pay to TNB is 27.6 sen per kWh.

With FiT, consumers can install their own solar modules at home and earn a secondary income.

Under the Renewable Energy Act 2011, consumers who installed capacity up to and including 4 kWp (kilowatt peak) would be paid a FiT of RM1.23 per kWh.

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