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The objectives of the advanced course are as follows:
- To expose the participants to current updates and future prospects of the Malaysian housing industry.
- To impart up-to-date information on government policies and procedures.
- To guide the entrepreneurs toward business enhancement, especially in terms of project and financial management.
- To provide knowledge on the latest tax principles affecting developers.
- To share novel project designs and innovations for the participants to implement.
- To identify strategic issues of the development process to ensure firm capability.
The module includes the following:
- Property Market Survey: Present and Future:
- Current market and related data on the real estate sector.
- Demand and supply in every Malaysian state.
- Prospects of the industry.
- Implementation of Industrialized Building System (IBS) in the Real Estate Industry:
- Introduction and concept of IBS.
- IBS applications, procedures, and rules.
- Advantages of IBS implementation.
- IBS manufacturers in Malaysia.
- Strata Titles Act 1985:
- Introduction to Strata Titles (Amendment) Act of 2007.
- Types of available schemes and strata title application.
- Application and processing procedure.
- Innovations in the Development of Housing Projects:
- Sustainable project planning and integration.
- Development concept based on green technology.
- Recent innovations in project and housing design.
- Effective Financial Management for Developers:
- Introduction to financial management for housing developers.
- Managing a project and company cash flow.
- Project feasibility analysis: cost, income, profit and loss, internal rate of return, etc.
- Overcoming cash flow deficits.
- Taxation Matters Affecting Developers and the Housing Industry:
- Amendments to the Property Gains Tax Act of 1976.
- Tax management system for housing developers.
- Tax planning strategy for housing developers.
- E-Marketing for Developers:
- Importance of new media.
- Types of online advertisement.
- Guideline for effective Internet marketing.
- Facebook adverts: data comprehension and profit calculation.
- Key Performance Indicators (KPI) for Housing Firms:
- Definition of KPI.
- Job scope and performance target of a company.
- Scorecard preparation.
- KPI management as a performance benchmark.
- Goods and Services Tax (GST): Implementation and Impacts:
- Introduction to GST.
- Scope and mechanism of GST.
- Key terms of GST.
- Accounting effects and issues.
- Branding for Housing Firms and Products:
- Strength of branding for image consolidation.
- Branding strategy and its effects.
- Relationship between branding and reputation.
- Paradigm shift for rebranding of housing developers.
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