Buying a house is made easier with the available schemes such as RUMAWIP, prima and so on. Strata properties such as condominiums and apartments are getting more popular in the past 5 years. The attractive lifestyle, market demand and housing developers are the reasons why strata properties are getting more popular in the property market in Malaysia. However, there are many people who are still unaware of the Strata Management Act 2013 that came into force in 2015. It is essential that a resident understands his or her rights and obligations as a strata property owner. This article will guide you through everything you need to know about the Strata Management Act 2013.
In conclusion, make sure you pay for your maintenance fees on time to avoid committing a crime, unintentionally or intentionally. After all, the JMB will be the one to help you maintain the common property of your building and ensuring safety.
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Are you planning to have a family and buy a house in Malaysia on your own? Although they are many schemes available for home buyers such as PR1MA, buying a house in the city in Malaysia is still too expensive. Most people especially young working adults cannot afford it yet because it is way out of their budget. Fret not, this article will guide you through the reasons of purchasing outskirts houses in Malaysia. A. Bigger and cheaper homes First of all, drop that misconception of the outskirts areas are less developed. Most houses in the outskirts in Malaysia are cheaper and bigger in size as compared to houses in the cities. With the same price as a condominium in the city, you get to buy a landed property with bigger size in the outskirts, this is considered a great bargain. B) Positive Home Value Projection In addition, buying a house in the outskirts in Malaysia brings a positive home value projection. Although the achievement of the status of ‘city’ from a small town is unknown yet, the developments around the outskirts area is a permissible indicator of the direction to being a city. As we know that the government has many upcoming projects in building highways or public transportation such as MRT, these are the success factor that increase a positive value on the properties around the area. C) Lower Living Cost Moreover, you will have and maintain a lower cost of living as compared to living in big city. Cost of rent is relatively low as compared to the cost of rent in the city, hence, lower charge and cheaper price for food and groceries, but only applicable to businesses that are self owned. Franchises and chain restaurants would remain the same. In addition, with lesser cafes, restaurants, cinemas and shopping malls, your cost of living in the outskirts is definitely going to be much lesser than your cost of living in the cities. D) Bigger Living Space Lastly, staying in the outskirts area results in a less cramped living condition, or bigger living space. Houses in the outskirts in Malaysia typically have bigger rooms, balcony or even a garden for you to enjoy the bigger space as compared to houses in the cities. Moreover, with lesser buildings, lesser shopping malls, lesser entertainment, lesser highways, or anything that you could easily find in big cities, are the reasons that lead to a less cramped living. Therefore, you would face with lesser traffic jams as compared to living in the big cities if you are staying in the outskirts area. No doubt that living in big cities sounds more attractive than living in the outskirts, with the entertainment and easy accessibility available out there, especially for young adults, it is pretty hard to be convinced to buy a house in the outskirts in Malaysia. However, think of it as a long term investment and how much the value of your property will appreciate in the next 5 years. It is definitely going to be worth it. |
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