Company Profile

Contract Index Services is a Sole Proprietorship company formed under the Sarawak “The Businesses, Professions and Trading Licensing Ordinance” registration No. 940697 as below. Company is registered on 9th May, 2019 – exactly 1 year after the “509” NEW MALAYSIA.

We specialize in Comparative Index calculation for Inter-Property Index (IPI) and you can insert your property listing here.

The idea of Comparative Index was first formed way back in 2014 when the founder – Thomas Sim, PEA2066 first took up the Estate Agent Examination. There was the article written on this subject back in 2015 here.

Over time, we have completed three websites:

and a blog:

The above three website are published under WordPress and therefore we need to host them in servers and pay for the domain name and hosting services. Due to expenses in maintaining the sites and future involvement in collection of fees, we set up this company for proper accounting and reporting. It is also essential for tax purposes and compliance to local law and regulation.

This company is new, however the activities had been ongoing for a few years in smaller scales. The Online E-Learning Portal estateagentexam.com (earlier on: – my-realproperty1.blogspot.com & my-realproperty2.blogspot.com) had been in operation since 2014. Although at that time, it was mainly as a free service under the Blogger platform, the subscriber base grew from few to over 200 members now.

The company has set objectives as below:

  1. Increase Online Presence by more products – video clips.
  2. Promote the services to more trade types.
  3. Expansion to other cities in Malaysia.

There are so much possibilities to venture into COMPARATIVE INDEX – as a concept to compare products and services. Ground survey and Online survey are key activities to gather data. It would be used to define market preferences and trends. Subsequently, these preferences and trends can assist in the marketing of products and services.

Definitely, more will be planned in the near future for the company.