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There
are several options for living in Malaysia-bungalows or freestanding
homes, condominiums (apartments with extra facilities) and
apartments (usually with limited facilities). Living spaces
can be leased with or without furniture although even the
latter will usually have standard facilities like ceiling
fans, air conditioners, stove, hot water system and fridge.
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Recently
built condominiums in good areas include most of the following
- pool, gym, lifts, 24-hour security service, adequate parking,
convenience store and landscape gardens. Security is an
issue for many tenants as break-ins occur more frequently
than they should.
Kuala
Lumpur is no different from any other city in the world;
location and facilities are all important. The traffic in
the city can often be bad. So access to work, education
and recreation facilities becomes important. There are few
natural attractions that make certain areas better for living
- being inland, for example, there are no beach-side locations
near to the city.
The dress circle areas therefore tend to be based upon location
with proximity to the CBD, all-important. These areas include
Kenny Hills, Damansara Heights and the city end of Jalan
Ampang where many embassies are located. Other popular areas
include Bukit Kiara, Ampang, Bangsar Baru (commonly known
as Bangsar) and Taman Tun Dr. Ismail.
These upmarket surburbs have long been established and are
very well-equipped with plenty of amenities; with the exception
of Kenny Hills as its prestige lies in its landscape - built
around and along mother nature's own precipices.
If you have school aged children, location to one of the
international schools will be important and it is a good
idea to determine this before looking for accommodation
or your childe could have a long commute each day due to
the traffic conditions. Most are direct neighbours to the
city centre, known as the Golden Triangle.
Despite being well-known for erratic road traffic conditions,
Ampang still attracts many expats as not only is it close
to town, but offers plenty of fine dining restaurants of
European cuisine to help lessen home-sickness.
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Damansara
Heights and the many apartments in the Bangsar area have relatively
easy access to Bangsar Baru which has many bars, shops and
restaurants. Many consider this the "trendy" end
of town. In the last few years the Sri Hartarmas area has
become popular and there are many apartments there together
with shops and restaurants. |
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Here's
some indication of monthly rents in Kuala Lumpur. Modern,
three-bedroom condominium, 2,100 sq. feet in Bangsar - RM7,
500 and a two-bedroom condominium, 1,200 sq. feet in Bangsar
- RM3, 000. Semi-detached house in central area, RM4,000
to RM6,000 and detached house, central location and pool
- RM9,000 to RM15,000
Real estate agents are plenty in Malaysia. Though it's not
a must to use them, it helps ease the burden from hunting
to shuffling papers to making payments. However, when using
an agent, be as specific as possible of the living conditions
you require; for example, with built-in cabinets and wardrobes
in the kitchen and bedrooms, or a porch or garage that is
large enough for 3 cars. You might also want to specify
the finishing of the home to suit your taste if you don't
intend to bring your own furniture.
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Housing
in Malaysia as with any other country, differs in
price according to location and its furnishing.
Different to note: |
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Fully-furnished
: Walk in with your suitcase and you are pretty much set.
May need only shop for minor items like bed sheets and curtains
unless negotiated otherwise with the landlord.
Semi-furnished : You probably need not buy or bring
much of the bulky items like beds, lounge set, wardrobe
as it would be included. But check first.
Non-furnished : As it means - practically empty.
On occasion, some may have the kitchen cabinets, but that's
all.
Rental
procedures include the following:
1. Pay one month's rent as Earnest Deposit (sign Letter
of Offer)
2. Within 7 days pay:
Two-months' rent as Security Deposit
RM1,000 Utility Deposit (this could vary from property to
property)
Stamp Duty and Disbursement
3. Stamping of Tenancy Agreement
4. Get copy of Tenancy Agreement - one each to landlord
and Tenant
By
international standards, Malaysian housing is cheap. Leases
are generally drawn up for yearly renewal. Occasionally,
the agent may work out for you a half-year lease. But if
you intend to be in town for sometime and your employer
allows you to purchase property, it could be a good investment
to buy and sell when you leave.
Without going into the vagaries of the property market,
people have made good returns from medium to long term investments.
Seek professional advice before taking the plunge - a good
starting point is Property Link ( Ph: 603 2282 1088
).
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