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    Property Stock Report Property Stock Report
     Property Market Status Report Property Market Status Report
    Press Release - Malaysia Property Market Press Release - Malaysia
        Property Market

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     Annual Property Market Report Annual Property Market
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     Property Market Report First Half Property Market Report First
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     (Government Housing Loan
      Division)

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07/09/2010

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  FAQ  
NO.
QUESTIONS
ANSWERS
1 Does JPPH only value property? JPPH not only values property but can also act as property managers and estate agents, value plant and machinery and carry out feasibility studies.
2 Can any member of the public request valuation of their property from JPPH? Sorry, no! Our clients are limited to the Federal Government, State Governments and Local Authorities and Statutory bodies.
3 What services are available to the public? JPPH publishes annual property market reports which can be used to ascertain how much different types of properties are sold in the market.
4 Does JPPH sell details of property transactions? Yes, JPPH sells details of property transactions. But this service is only available to valuers, appraisers and estate agents who are registered with the Board of Valuers, Appraisers and Estate Agents.
5 Is GIS incorporated in your sales information? Currently, we have not incorporated GIS information in the sales information. However, we are working towards providing this information.
6 When there are changes in the approved layout, do developers need to inform NAPIC? Yes, they do. For example, if the initial approved layout is for terraced housing, but the subsequent approval is for shop-houses, the developer concerned is required to inform NAPIC so that we can update the database accordingly.
7 What is the definition of commencement of works under Form L, as different Local Authorities employ different definitions? The definition of commencement of works under Form L refers to commencement of building works but not site preparation works.
8 When should we submit the forms? You are expected to submit the forms according to the date stated in the respective forms as follows:

Form A/G 14 days from the date of application for development
Form B/H On or before :
14th January, 14th April, 14th July and 14th October
Form C 14 day after the date of Sale and Purchase Agreement
Form D,J,K,L,M,N,O,P,Q and R On or before :
14th January, 14th April, 14th July and 14th October
9 Where do we submit the forms? You can submit the forms to the respective NAPIC branches in the State or District Valuation and Property Services Department.
10 How do we submit the forms? You may submit by hand,post,fax or through electronic device such as email or diskette.
11 Where do we get the forms? You may obtain the forms from NAPIC Headquarters or NAPIC branches at the State or District Valuation and Property Services Department . You can also download the respective forms from the Valuation and Property Services Department website (www.jpph.gov.my)
12 How can we get the information?
You may obtain this information through:
1. Property Market Report, (First Half) Property Market Report and Malaysian House Price Index. These reports are available at JPPH Headquarters, all states and districts Valuation and Property Services Department.
2. Free downloading JPPH's web site (www.jpph.gov.my). Comprising :
  a. Property Market Status Report
  b. Property Stock Report
    i. Property Stock Report
    ii. Residential Property Stock Table
    iii. Commercial Property Stock Table
    iv. Industrial Property Stock Table
    v. Leisure Property Stock Table
  c. Million Ringgit Property Deals
  d. Estate Land Sale
  e. Pre-Planned Supply
13 How much do information custodians have to pay to get the information? Only three reports offered to sale :-
1. Property Market Report (RM100.00)
2. (First Half) Property Market Report (RM75.00)
3. Malaysian House Price Index (RM20.00)
14 Auctioneers can also be a good source of property information, but currently, it seems that no forms are provided for them? Yes, there is no specific forms for the auctioneers currently. We will look into this matter.
15 In what way can NAPIC help property developers? NAPIC would provide developers with accurate and timely information pertaining to demand and supply of property in particular to enable developers to make better informed investment decision.
16 Would NAPIC be able to solve the property overhang problem once they obtain the required information from information custodian? NAPIC will not be able to solve the problem of propeprty overhang. However, we hope by providing information on property supply and demand, developers would be able to make better informed decision, hence minimizing the problem of property overhang gradually.
17 What actions could be taken if the information data custodians fail to provide within the stipulated time period? Any person who refuses to submit the required information within the prescribed period or willfully supplies any false information commits an offence under subsection 6(3) of The Valuers, Appraiser and Estate Agents Act 1981 and liable on conviction to a fine not exceeding Ten Thousand Ringgit or just not exceeding three months or both.



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