What is the differences of Tenancy & Sub-Rent?
Tenancy and Sub-rent (or subletting) are both terms related to the rental of property, but they have distinct differences in terms of the agreements, parties involved, and legal implications.
新项目房产和二手房优缺点
想要购买房子，可以选择购买新项目房产还是二手房，取决于您的预算、投资目标和需求。如果您注重现代设施、较低的维修成本和长期增值潜力，新房可能更合适；如果您的预算有限，或者更看重成熟社区的便利性和较快的入住时间，二手房可能更适合。
New Project or Subsale Property?
A new project refers to a property that is newly built or under construction. These properties are typically sold by the developer directly to buyers.
Understanding Security Deposits in Malaysia
When renting a property in Malaysia, a Tenancy Agreement security deposit and a utility deposit are typically required by landlords. Both deposits are often paid upfront, along with the first month’s rent, before moving in.
Liquidated Ascertained Damages (LAD)
Liquidated Ascertained Damages (LAD) is a contractual clause that specifies a fixed amount of money that the developer must pay to the buyer as compensation for any delay in the completion or delivery of the property. The LAD is pre-determined and agreed upon in the Sales & Purchase Agreement (S&P).
What is LPPSA Loan?
LPPSA loan refers to a loan provided by the Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA), which is the Public Sector Home Financing Board. The LPPSA offers home financing primarily to civil servants working in the public sector, including government employees and their families, to help them purchase or build homes.
Skim Jaminan Kredit Perumahan (SJKP)
Skim Jaminan Kredit Perumahan (SJKP) is a government-backed scheme designed to assist certain groups of people in purchasing homes, particularly for first-time homebuyers.
What is MRTA, MLTA, MRTT and MLTT in Malaysia
MRTA, MLTA, MRTT and MLTT are all types of insurance policies related to housing loans or mortgages. These are used to protect both the borrower and the lender in case of unexpected events, such as the borrower’s death or total disability. Each one has unique features in terms of coverage and structure. MRTA (Mortgage Reducing […]
Real Estate Negotiator VS Unlicensed Brokers in Malaysia
Anyone involved in real estate dealings in Malaysia must either be a licensed estate agent or a registered negotiator. Operating as an unlicensed broker can have serious legal consequences. Real Estate Negotiator (REN) A Real Estate Negotiator (REN) in Malaysia is a person who works under the supervision of a Licensed Real Estate Agent (REA). […]