Thomas Sim E3009

Q.

Real estate industry is a contributing economic powerhouse to the national GDP. It provides livelihood to many people. Explain the above statement as an estate agent to your client. In your discussion, list […]

Q.

(a) We are experiencing inflation in the recent months of 2022. There is a rumour about an increase in chicken price. Comment on why this has happened. 10 marks

(b) How geopolitical conditions like war could […]

Q.

Explain the terms below:

(a) Primary sector of the national economy. 5 marks

(b) Secondary sector of the national economy. 5 marks

(c) Tertiary sector of the national economy. 5 marks

(d) Primary market […]

Q.

(a) Define economics and clarify why we should study economics in the Estate Agent’s Examination? 10 marks

(b) Explain the advantages and disadvantages of the following economic systems:-

ii) Free market s […]

Q.

(a) Explain the difference between firm and industry. 10 marks

(b) Show the equilibrium position of a firm and industry under perfect competition in short-run and long-run. Discuss your answer why the […]

Q.

(a) Explain the differences between Cost-push inflation and Demand-pull inflation. Is the current situation in Post-COVID-19 Cost-push or Demand-pull, and why? 10 marks

(b) Explain how the following factors […]

Q.

(a) Explain two (2) types of unemployment. 8 marks

(b) Explain the use of national income data in the economic system. 8 marks

(c) Describe the relationship between the real estate industry and production. 4 […]

Q.

Discuss:

(a) The purpose of the government in maintaining tariff, subsidy and quota to this date of Malaysia’s economy. Focus your answers on the primary industry. 5 marks

(b) Elaborate 4 functions of money […]

Q.

Define what you understand by:

i) Hereditament

ii) Chattel

iii) Fixture

iv) ‘rebus sic stantibus’

v) CAR

(M2022-1 Q1, 25 marks)

Q.

In January, 2022 MrLaw saw a warehouse with a market value of RM950,000. This warehouse was on sale by an agent Mr Alan at RM1.1 million. Mr Alan is engaged to work on this deal with 3% agency commission. The […]

Q.

Give explanation of the below terms:

(a) Annual Value

(b) Improved Value

List down some of the differences between them. 15 marks

(c) As new development of a new township,  calculate value of assessment […]

Q.

(a) List out the holdings which could enjoy exemptions on rates from local government. 15 marks.

(b) Failure of payment of assessment bills would result in property being seized by the authority. Describe the […]

Q.

Give the explanation of below terms in Town and Country Planning Act, 1976.

Plinth Area 5 marks
Plot Ratio 5 marks

Assuming that the plinth area is 60% and plot ratio of 1:4, calculate the development […]

Q.

John owns 2 properties – land, in Malaysia. He plans to develop the land as follows:

Lot 888 has a title in perpetuity with an agricultural category of land use and a total land area of 20 acres. This lot […]

Q.

With reference to the Income Tax Act 1967 (as amended),

(a) State any FIVE (5) classes of income that are exempted from Income Tax. (10 marks)

(b) With examples, explain what are the deductible expenses from […]

Q.

(a) Elaborate on your understanding of 5 core customers and marketplace concepts. 10 marks

(b) How do you apply these concepts in marketing of a housing project? In your answer, provide 2 elements from each […]

Q.

(a) Clarify the term ‘Consumer Market’. Provide 1 example of a consumer product group to illustrate your understanding of the consumer market. 10 marks

(b) How do you as a marketing manager of a com […]

Q.

(a) Elaborate 4 factors that influence buyers behaviour. You may use a luxury bungalow house for sale in an exclusive suburb to illustrate your understanding of customer behaviour. 10 marks

(b) How the […]

Q.

Discuss 3 macro and 3 micro factors that affect selection of appropriate Marketing Mix as your strategy in launching a new housing project.

(M2022-1 Q4, 25 marks)

A.

Updated 14 Sep, 2022.

Macro […]

Q.

How does a sales agent create value and achieve customer satisfaction in a house sale promotion? How customer relationship management plays its role in your answer?

(M2022-1 Q5, 25 marks)

A.

The initial […]