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How to Conduct a Thorough Property Inspection in Malaysia
Understanding the Purpose of Property Inspection in Malaysia Conducting a property inspection in Malaysia is an essential step in the process of buying, selling, or maintaining real estate. It serves to assess the condition of the property, ensuring that all aspects meet the necessary standards and regulations. A thorough inspection can identify any current issues…
Navigating Stamp Duty for Property Sellers in Malaysia
Understanding Stamp Duty Charges for Property Sellers In Malaysia, stamp duty is a mandatory tax that property sellers need to be aware of during the transfer of property ownership. Though primarily the responsibility of the buyer, there are instances where sellers may be affected by stamp duty requirements. Stamp duties are calculated based on the…
Discovering Waterfront Properties in Malaysia
Exploring Malaysia’s Idyllic Waterfront Destinations Malaysia, with its picturesque coastlines and vibrant cities by the sea, offers a plethora of waterfront properties that cater to luxury and lifestyle preferences. The quest for the ideal waterfront property involves considering factors such as location, amenities, type of property, and investment potential. Malaysia’s varied geographical landscape boasts pristine…
Keeping Up with Landed Property Market Trends in Malaysia
Landed properties in Malaysia often represent not just a basic necessity but a symbol of status and investment potential. They are especially sought after as they provide an opportunity to own the ground on which the building stands, unlike high-rise residences which only offer ownership of a particular unit within a larger building. The landed…
Identifying Property Hotspots in Malaysia
In 2019, Kuala Lumpur, the capital city of Malaysia, was ranked as the second-best city in Southeast Asia for property investment, according to a regional urban land institute report. This suggests that Malaysia has been actively eyed by both local and international investors aiming to find property hotspots that promise high returns. Identifying such hotspots…
Understanding Condo Ownership Laws in Malaysia
In Malaysia, the concept of Stratified Property Ownership was formally introduced in 1985 with the enactment of the Strata Titles Act. This legislation paved the way for individual ownership of units in high-rise buildings, distinguishing between personal ownership of the condo unit and shared responsibility for common property. Today, owning a condominium in Malaysia is…