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Due Diligence Checklist for Expats Buying Landed Property in Malaysia
Purchasing property in a foreign land is an adventure in itself, but in Malaysia, it’s a journey that comes with its own unique set of possibilities. As of 2006, Malaysia has actively encouraged foreign investment in real estate through its Malaysia My Second Home (MM2H) program and other relaxed regulations. This openness has carved a…
Understanding Condo Rental Agreements in Malaysia
In Malaysia, the average occupancy rates for serviced apartments and condominiums hovered around 80% in major cities prior to the pandemic, reflecting a vibrant market for rental properties. Condominiums, often referred to as condos, stand as a popular rental choice among expatriates and locals alike due to amenities such as security, maintenance, and recreational facilities….
Exploring Rental Property Financing Options for Tenants in Malaysia
Understanding the Types of Rental Financing Options Available In Malaysia, tenants can explore several rental property financing options to ease their financial burden when it comes to leasing property. One common method is through the traditional security deposit, which typically requires the tenant to pay a sum equivalent to about two to three months’ rent…
Project Pulse: Market Updates for New Projects
In an ever-evolving market climate where the speed of information is paramount, Project Pulse stands out as a dynamic tool tailored to provide investors and stakeholders with real-time updates on new projects. Initially conceptualized to bridge the gap between project developers and potential investors, Project Pulse has emerged as a vital resource in the financial…
How to Save for a Property Down Payment in Malaysia
In Malaysia, purchasing a property often requires a substantial down payment, typically amounting to 10% of the property’s purchase price. This considerable sum can be a significant hurdle for potential homeowners, necessitating disciplined saving practices and strategic financial planning. The tradition of owning property in Malaysia is deeply rooted in cultural beliefs about stability and…