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Frequently Asked Questions

Explore the frequently asked questions about home depreciation. Gain insights into the factors that can influence the value of your property.

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Question and Answer (buying Guide)

The buying process between Malaysian and foreigner are various . Buying a house in Malaysia as a Malaysian and foreigner involves several steps and certain requirements.

A real estate website typically includes a variety of features to enhance user experience, streamline the process of buying, selling, or renting properties.

Selangor, Malaysia, is home to several prominent industrial parks that are attractive to businesses looking to establish a manufacturing, logistics, or distribution presence. These industrial parks offer excellent infrastructure, accessibility, and support services

Buying property in Malaysia as a foreigner involves specific rules and processes that are designed to attract foreign investment while also protecting the local property market. The process can vary slightly depending on whether you’re purchasing residential or commercial property, but there are certain general steps and requirements that apply

The property buying process in Malaysia for Malaysian citizens (and permanent residents) is relatively straightforward, but it still involves several key steps and legal requirements.

Renting a Properties (Q&A)

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When renting a property, it’s important to understand the standard terms and conditions typically included in a tenancy agreement. 

1. Property Details

  • Description: A detailed description of the property being rented, including its address and any specific features or amenities.

  • Condition: The current state of the property, including any furniture, fixtures, or appliances provided.

2. Rental Amount and Payment Terms

  • Monthly Rent: The agreed-upon monthly rent amount and the due date for payments.

  • Payment Method: Accepted methods of payment (e.g., bank transfer, check, cash).

  • Late Fees: Any penalties for late payments.

3. Security Deposit

  • Amount: The amount required as a security deposit, usually equivalent to one or two months’ rent.

  • Purpose: To cover any damages or unpaid rent at the end of the tenancy.

4. Tenancy Period

  • Duration: The length of the lease term (e.g., one year, six months).

  • Renewal Option: Terms for renewing the lease, including notice periods and any changes in rent.

5. Maintenance and Repairs

  • Landlord Responsibilities: What repairs and maintenance the landlord is responsible for.

  • Tenant Responsibilities: What repairs and maintenance the tenant is responsible for.

6. Utilities and Services

  • Included Utilities: Which utilities (e.g., water, electricity) are included in the rent.

  • Tenant’s Responsibility: Any utilities or services the tenant is responsible for.

7. Termination and Eviction

  • Termination Clause: Conditions under which the tenancy can be terminated by either party.

  • Notice Period: The required notice period for terminating the lease.

  • Eviction Process: The legal process for eviction if the tenant breaches the agreement.

8. Other Terms

  • Subletting: Whether the tenant is allowed to sublet the property.

  • Pets: Policies regarding pets, including any additional fees or restrictions.

  • Insurance: Requirements for tenant’s insurance.

The payment terms for renting residential and commercial properties can differ significantly.

Residential Properties:

  • Security Deposit: Typically equivalent to two months’ rent. It’s held by the landlord and returned at the end of the lease, provided there are no damages or unpaid rent.
  • Advance Rent: Often, the first month’s rent is paid upfront before moving in.
  • Monthly Rent: Rent is usually paid on a monthly basis, either at the beginning or end of the month.
  • Late Fees: There are often penalties for late rent payments, which are specified in the lease agreement.
  • Utilities: Depending on the agreement, tenants might pay for utilities such as water, electricity, gas, and internet separately.
  • Maintenance Fees: In some cases, tenants may be responsible for minor maintenance and repairs, while major repairs are handled by the landlord.

Commercial Properties:

  • Security Deposit: Usually higher than residential properties and can be equivalent to several months’ rent, depending on the lease agreement.
  • Advance Rent: Commercial leases may require advance payment of several months’ rent or even a full year’s rent upfront.
  • Rent Payment Frequency: Rent can be paid monthly, quarterly, or annually, depending on the lease terms.
  • Base Rent and Additional Rent: Commercial leases often include a base rent plus additional charges for operating expenses
  • Late Fees: Similar to residential leases, late fees are imposed for delayed rent payments.
  • Utilities and Services: Tenants usually pay for their own utilities and services, and may also contribute to common area maintenance (CAM) charges.
  • Maintenance and Repairs: Tenants might be responsible for maintaining and repairing their rented space, while the landlord maintains common areas and building exteriors.
  • Renewal and Rent Escalation: Commercial leases often include clauses for lease renewal and rent escalation, where the rent may increase periodically.

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