Still Not Sure ?
Frequently Asked Questions
Answers to Your Most Common Property Questions
What documents are required to sell/rent a property?
You’ll need the title deed, identification documents, sale & purchase agreement, and tenancy agreement (for rentals).
How long does it take to sell/rent a property?
The timeline varies based on market demand, location, and price. Typically, it takes 3-6 months for sales and a few weeks to rent out a property, depending on your pricing and marketing efforts.
How do you market my property effectively?
Use online listing platforms, professional photography, social media ads, and work with a property agent for broader exposure. Highlight unique selling points to attract buyers/tenants.
Do I need a property agent to sell/rent my property?
Recommended, working with a licensed agent can simplify the process by providing market insights, helping with paperwork, and reaching potential buyers or tenants through established networks.
How much is the real estate agent commission?
In Malaysia, the standard real estate agent commission is 2-3% of the final sale price for property sales. For rentals, it’s typically 1.25 month’s rent.
What is the difference between freehold and leasehold property?
Freehold property ownership is permanent, while leasehold means the property is leased for a set period (e.g., 99 years). After the lease expires, ownership reverts to the state unless renewed.
What are my rights as a landlord?
As a landlord, you have the right to receive rent on time, maintain the condition of the property, and evict tenants for violating the terms of the lease. However, you must also adhere to local laws regarding tenant rights and property maintenance.
