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Planning Your Condo Renovation in Malaysia
In Malaysia, condominium living has become increasingly popular, with more people embracing the convenience and lifestyle that high-rise living offers. This rise in demand is partly due to urbanization and the efficient use of limited space in bustling city areas. Many owners choose to renovate their units to maximize their living space or infuse personal…
Explore Financing Options for Property Launches in Malaysia
In Malaysia, the real estate market has seen a burgeoning growth with property launches routinely making headlines. Access to financing for these property ventures is a critical driver of this sector’s vibrancy, as it enables developers to initiate projects and buyers to acquire new homes. The financing landscape in Malaysia is supported by a range…
Understanding Property Taxes for Landed Properties in Malaysia
Types of Property Taxes in Malaysia In Malaysia, owners of landed properties are required to pay several types of taxes. The most notable ones are the Quit Rent (Cukai Tanah) and the Assessment Tax (Cukai Pintu or Cukai Taksiran). Quit Rent is a form of land tax imposed on owners of freehold or leasehold land…
How to Sell Your Condo in Malaysia
Understanding the Malaysian Property Market Before you start the process of selling your condo in Malaysia, it’s essential to understand the current property market trends. The Malaysian property market varies considerably by region, with cities like Kuala Lumpur, Penang, and Johor Bahru having different dynamics in terms of supply, demand, and pricing. Keeping abreast with…
Buy vs. Rent in Malaysia: Making an Informed Decision
In Malaysia, the homeownership rate is approximately 76.3% as of 2018, which is relatively high compared to some other nations, reflecting the cultural significance of property ownership in the country. Historically, owning a home in Malaysia is not only seen as a rite of passage but also as a crucial investment for financial security. With…