3. Maka Corporation Sdn Bhd

Maka Corporation Sdn Bhd was established by Wan Mohd Dzulkifli Wan Daud who is one of the most successful businessmen in Kelantan. Previously, he was trained as a civil engineer, and through early experience in housing development coupled with high entrepreneurial personality, these have provided an advantage for him to prosper in this industry. His involvement in non-governmental organisations such as REHDA (Real Estate and Housing Developers’ Association) and MCOBA (Malay College Old Boys Association) has offered abundant opportunities for him to contribute to the growth of property development in Malaysia, specifically in facilitating new small-scale housing developers in Kelantan. Generally, he advises nascent homebuilders not to enter housing development with zero industry and business knowledge. Profound understanding on proper financial management is very critical in housing business. To him, housing developers must be very regimented in controlling cash flows. Thus, having an efficient system to monitor the cash-in and cash-out is really important. Besides that, he stressed on the importance of client satisfaction, with projects delivered on time, within budget and built to the highest quality. On top of that, creative marketing such as through incentives, commission and e-marketing should be embraced by the residential developers to earn customers’ attention. Another piece of guidance rendered by him is to look for larger land and implement phase-by-phase development. He also urges small property players to reduce debts and disregard any bank loans in order to avoid unexpected financial setback in the future.