31 Julai 2010

Renting Guide For Tenants

Determine your requirements

Whether you look for property online or through an estate agent, having a precise idea of your requirements will greatly assist in finding your ideal place to stay. The main criteria are:
  • budget
  • location
  • type of property
  • property size
  • duration of tenancy
  • furnished or unfurnished

Budget

The monthly rental is commonly featured on advertisements as rental payments to the landlord are usually made monthly. In addition to the monthly rent you will need to ensure that you can afford the initial deposits (normally 3½ months’ rent). A small stamp duty fee on the tenancy agreement is also payable by the tenant if the rent exceeds RM2,400.


30 Julai 2010

CONDO-MINIMUM – the plain truth

Are you buying a condominium? Here is a guide to help you understand the commitments better so that you know what you are buying into.

By: HBA
CONDO-MINIMUM - the plain truth

Are you buying a condominium? Here is a guide to help you understand the commitments better so that you know what you are buying into.

There are many reasons why people make their homes in condominiums. Some do it because their children have grown up and moved out, and their homes are now too large. Others consider it because it is cheaper to buy a unit in a condo rather than a landed property in the location they want.

The sharing of maintenance and repair responsibilities may also appeal to people who have limited time, or are not interested in such chores, as well as those who want recreational facilities at their doorsteps. Thus, when you buy a condo, you are buying into a certain lifestyle, complete with requisite facilities and services such as security, cleaning of common areas, swimming pools, multi-purpose halls, playgrounds for children and courts for racquet games.

The word ‘condominium’ comes from the Latin words ‘con’ which means ‘together’; and ‘dominium’, meaning ‘property’.