Malaysia is listed among the top Asian countries that provide a hassle-free service for all those first-time home buyers and foreigners who plan to acquire residential properties in the land. As such, there exists no limit for the number of properties a foreigner can own. Apart from specific rules and restrictions, the whole buying procedure is same for both the locals and the foreigners. Thus, this country proves to be the most flexible while considering the legal issues related to buying of properties.
The value of a property is determined by factors like its location within the city limits, connectivity to public transport services, highways, scenic beauty, and other useful amenities. According to such categorization, the Kuala Lumpur real estate for new homes receive a great demand from investors. Kuala Lumpur city center hosts many commercial properties like hotels, shopping malls, retail shops that make it go a residential as well as leisure spot for people living and visiting here. Moreover, with highly developed transportation networks like MRT and LRT lines, every part of the city is within the easy reach. A greater number of new affordable home projects have been announced recently in this city. Hence one could find many options for the residential property, however selecting the one that best suits your requirement is what is needed.
Here goes the list of things to consider before buying a new build home
- The affordable price. This factor depends on one’s financial capability. Many communities in this city offer complete economically-strategic housing options starting from a rate of RM300,000. Mostly, these are structured at about 800sqft, and the size is appropriate for urban dwellers. Apart from this, value for money high-end houses can also be found here with complete facilities.
- Home furnishing. While some people love to move in to fully furnished homes, some want it to be customized so that it gives more a homely feel. Both these types of homes are found in this city, and one can deliberately choose their home for buying.
- The real purpose of purchasing. If one is planning to own a home as means for a rental unit, then opting for a dual-key residence would be appreciable in KL. Further, it allows the rental unit owners to handle the property more conveniently while safeguarding their privacy. Alternatively, if one is interested in investing, then luxurious homes would be perfect, as it holds the great potential to attract foreigners. The land also gains value in the future as it is situated in this ever-growing tourist city.
- The main reason for one’s stay here. KL offers office-studio type apartments that could be well-organized for workspace while enjoying a connected luxury apart living. In addition to this, some properties are specially designed on special concepts like the one that upholds strong family values and possesses a real charm. This would be a great place to look out for buying if you are with your family.