Amanah Hartanah Bumiputera (AHB)

Have you heard about Amanah Hartanah Bumiputera? Recently our Prime Minister launched Amanah Hartanah Bumiputera which is open to Bumiputera, aged 3 months and above with a minimum investment of RM500. 

With initial investment of RM1 billion, this trust fund will allow Bumiputeras to participate in owning prime property assets throughout the country. As we all know, not many Bumiputeras has the power to buy strategic assets costing thousands of ringgit. So, this is a very wise move in helping our poor Bumiputeras.

Now there are many who take a wait and see attitude. Because there are stories saying current property values are unstable and they can go south any time soon. Some also compare profit of investing in gold. The end of the story is it is up to oneself. Look at shares offered by Bank Rakyat some time ago, until now there was no opportunity to increase investment; those who invested earlier already have doubled their profit!

Monday, November 29, 2010

RM1b Amanah Hartanah Bumiputera launched

PELABURAN Hartanah Bhd (PHB), a subsidiary of Yayasan Amanah Hartanah Bumiputera, today launched a RM1 billion investment fund to help Bumiputera entrepreneurs own properties.

The "Amanah Hartanah Bumiputera" launched by Prime Minister Datuk Seri Najib Tun Razak is open to Bumiputera entrepreneurs with an initial investment of only RM500.

"Under the Syariah-compliant investment scheme, Bumiputeras will indirectly have an opportunity to own equities in major properties. The unit trust will be sold at RM1 a unit," said PHB managing director and chief executive officer Kamalul Arifin Othman at the launch of the scheme.

He said PHB was collaborating with Maybank to facilitate smooth transaction of the scheme.

"Bumiputera entrepreneurs who are keen to participate in the scheme can go to the 400-odd Maybank branches nationwide to buy the AHB units," he said.

On AHB returns, Kamalul Arifin assured investors that the returns would not be less than six per cent per annum based on the property sector's performance at the Golden Triange area.

He said the PHB would continue to identify business opportunities through acquisition of premier assets and developing properties particularly in the commercial property development sector.

"We are also looking to grow the fund size by another RM500 million by next year," he added.

Established in May 2006, PHB is an investment holding company, which currently owns properties worth in excess of RM1 billion in and around the Klang Valley.

By Bernama

 

• Syariah compliance
  
  
• Expected return of at least 6%
  
  
• Investment in
  §     Properties
  §     Islamic Money Market

• Initial investment  = RM500   (RM1 = 1 unit)
  
  
• Minimum Additional Investment = RM100
  
• Maximum Investment = RM200,000
  
  
• Children  = age 3 months and above (tie to parent’s account)

• We have to go to any Maybank branch to open an AHB account. In the registration form:
  §   we will have to specify our savings account number (can be any bank)
  §   invest at least RM500
  
  
• When we open an AHB account, Maybank will only provide a copy of our “Registration form” (no investment book like ASB). Personal data will be stored in Maybank Automated Retails System.
  
  
• Dividend/Distribution will be automatically transferred to the saving account provided during registration. (Not like ASB whereby, the dividend will be reinvested into our ASB account).

• Dividend/Distribution will be made twice a year (if any)
  
  
• How to make additional investment?
  Either by cash or bankers cheques. Just bring your IC to the counter
  
  
• How to withdraw?
  Fill up a “Borang Jualan Balik” at the counter. Have to withdraw at least RM500.

• Assets involved in the investment are:
  §    3c4 Putrajaya
  §   CP Tower
  §   Logistic Warehouse
  §   Wisma Consplant
  §   Tesco Setia Alam

How to squeeze your housing loans to maximise your returns?

First things first. Decide whether you are planning to make money or save money from properties. If you answered “Save money from properties”, this article may not be suitable for you. I’m here to share with you how you can use your property loan to make money for yourself. In fact, I know some people who have such proficiency of earning via this method that they have retired within 5 years of starting!

Some will disagree with the information that I am about to share with you. If we were to take all potential variables into consideration, it would be an endless task. However, should you use this method with care, you should be able to maximise the returns from your loans and make lots of money from your property while still keeping it!

To understand how this works, let’s go through a couple of basics. In general, does a property appreciate or depreciate in price? Now, how about a property loan? The answers are quite obvious. A property should, one hopes, appreciate in value whilst your regular monthly payments will reduce the amount outstanding on the loan secured against it.

So looking at the diagram above, how can you make money from your loan? As your property appreciates in price, and your loan reduces, the amount of equity (in other words, cash) in your property increases. In this situation, there is an easy way to access that tied-up capital: refinancing. The banks will also be aware if your property has increased in value, and majority of them will be more than happy to increase the loan amount, assuming that you can demonstrate you can afford the increased loan, and there is sufficient equity in the property. This way, you still own the property and are able to cash out some money from it. Ideally, it would be best not to increase the loan tenure whilst refinancing, even if the new monthly payments are a little higher, as this will end up costing you more in the long run.

Here’s an example of how this works. Let’s take a property worth RM300,000, with a loan of RM270,000. We assume that the property does NOT appreciate with time. The illustration below is with a fix loan of 6% p.a. (per annum).

Looking at the table below, you can easily take out RM20,000 every five years. However, you should only do this for your investment properties which are bringing you good rental yields. If you are able to rent your property out for seven percent and above, you can be rest assured that your tenants will be paying for your profits while you cash-out on your property at least every five years.

However, there is never a guarantee that property prices will ALWAYS go up, so it is unwise to overextend yourself completely. The clever investor will always keep a rainy-day fund to ride out dips in the markets.

Property Details	0 years	5 years	10 years	15 years	20 years	25 years	30 years
A. Property value	300,000	300,000	300,000	300,000	300,000	300,000	300,000
B. Down payment (10%)	30,000	30,000	30,000	30,000	30,000	30,000	30,000
C. Balance (A – B)	270,000	270,000	270,000	270,000	270,000	270,000	270,000
Financing Details
D. 25 years' loan	270,000	243,000	206,000	157,000	90,000	0	-
Unrealised Capital (C – D)	0	27,000	64,000	113,000	180,000	270,000	-
E. 30 years' loan	270,000	251,000	226,000	192,000	146,000	84,000	0

If you have comments or questions about this article, write to contents@starproperty.my

P/s: REFINANCING. What is refinancing? What is the pros and cons of refinancing?? I already have a house. I bought it in 2008 with a loan of 20 years.