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Housing in Malaysia
 
 
 

Housing considerations are primarily based on location. Prices and amenities (transport, dining, entertainment, medical, education etc) tend to vary based on this as well. Just like anywhere else in the world the closer the property is to urban centers the higher the prices are likely to be, this is naturally offset by the convenience and facilities that these up-market properties are likely to offer. Prices also tend to fluctuate and you would be well advised to seek the services of a reputable and professional real-estate agency in whichever location you are considering settling in.

If at all possible try to get references from any contacts or friends already working and living in your desired location with regard to this, indeed if possible try getting references from your employer as there are many less scrupulous real-estate agents who will not hesitate to take advantage of an expatriate who is not well informed of the situation.

Property in Malaysia can still be construed as being cheap, and choices are still quite good, generally apartments, houses (linked, semi-detached, bungalows) and condominiums are of good quality. Make absolutely sure that you review the tenancy agreement if you are renting a semi or fully furnished property to make sure everything is in order before signing anything. If you plan to be in Malaysia in the long term purchasing property may be a profitable option.

Renting

Renting a property usually entails the following:

1. Signing a letter of offer and paying one month rent as an "Earnest Deposit".

2. Pay two months rent, as a "Security Deposit", paying a "Utility Deposit" (for electricity, power etc) the amount varies and depends on the property and landlord and lastly the payment of stamp duties and disbursements. All of which should be done within the next 7 days.

3. The Tenancy Agreement must then be signed and stamped and a copy must be retained by both you and your landlord.

In Kuala Lumpur, besides the criteria mentioned above, your choice of a property should also be influenced by traffic conditions. Quite apart from the usual crawl in the city centre during rush hour, many highways leading into and out from the city are also regularly congested. Lately this problem has even spread to some primarily commercial and residential areas in the suburbs.


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