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Choosing the Right Condo Insurance in Malaysia
In Malaysia, a condominium, also colloquially known as a condo, is not just a living space but a lifestyle choice for many urbanites due to its convenience and incorporated amenities. The significance of insuring this type of property is underlined by the increasing number of condos and the growing urban population in the country. Condo…
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…
Listing a Landed House for Sale in Malaysia
1. How do I determine the value of my landed house in Malaysia before listing it for sale? To determine the value of your landed house, you can get a property valuation from a certified valuer, compare your property to similar houses in the area, or engage a real estate agent. Additionally, you can consider…
Conducting Property Market Pricing Analysis for Sellers in Malaysia
Understanding the Local Market Conditions To conduct an effective property market pricing analysis in Malaysia, sellers must first understand the current local market conditions. It is crucial to gather data on the average price per square foot for similar properties, observe the length of time properties are staying on the market, and track the number…
Analyzing Malaysia Property Price Trends
Malaysia has seen a noteworthy average increase of roughly 5% per annum in property prices over the last decade, placing the nation’s real estate market among the steadily growing sectors in the region. This property price trend is influenced by various economic factors, including inflation rates, the performance of the Malaysian economy, consumer confidence, and…
Discovering New Launch Condos in Malaysia
Researching Market Trends for New Launch Condos in Malaysia To get started on discovering new launch condos in Malaysia, a thorough understanding of current real estate market trends is imperative. In recent years, the Malaysian property market has seen an influx of both local and foreign developers, introducing innovative condo projects. Potential buyers and investors…