Understanding Lease Termination in Malaysia

Malaysia’s real estate sector has embraced technology with open arms, with over 90% of homebuyers starting their property search online. This digital revolution has given rise to a myriad of property listing portals, fundamentally transforming the way Malaysians buy, sell, and rent properties. The advent of property listing portals in Malaysia dates back to the…

Malaysia boasts a diverse property market that includes high-rise condominiums, townhouses, and the much sought-after landed properties which are often seen as a sign of status and personal achievement. Landed properties, characterized by their individual ownership of land, account for a significant portion of Malaysia’s residential property sector and embrace various types such as terrace…

In Malaysia, 70% of urban residents prefer living in high-rise condominiums, reflecting a dramatic shift in housing trends toward managed communities with shared amenities. This transition has spurred the development of specialized marketing software to cater to the burgeoning condominium market. Such software streamlines the promotion and sale of condo units by leveraging data analytics…

Understanding Malaysia’s Condo Market When considering buying a condo in Malaysia, it’s important to understand the local real estate market’s nuances. Malaysia has a relatively open property market for foreigners, with certain restrictions in place that vary by state. For example, there is a minimum purchase price for non-Malaysians, which can range from RM1 million…

Overview of Condo Taxes in Malaysia In Malaysia, taxes related to condominium ownership primarily fall under two categories: Quit Rent (Cukai Tanah) and Assessment Tax (Cukai Taksiran). Both are compulsory levies imposed by the local authorities and are crucial aspects for condo owners to consider. These taxes are generally used to fund local amenities, infrastructure,…