11 Questions to Ask Yourself for Property Investment in KL

Source: http://www.kualalumpurproperty.com/buying-guide.php


1) To buy a property completed or under construction by a developer?
2) Are you purchasing the property for investment or for staying?
3) What sort of budget?
4) Location near KLCC or out of KL Central?
5) Leasehold or Freehold property?
• Freehold Land - Held in perpetuity. Most inner city lands are freehold.
• Leasehold Land - 99 years or 60 years in most cases of lands alienated from the Government prior to development.
6) What type of property – condo/bungalow/semi-D?
7) How many rooms/baths/land area/built up/furnished/partly?
8) What level of security?
9) Near schools, amenities, shopping malls and public transport?
10) Do you plan on purchasing the property in cash or mortgage? How many years for repayment? Best loan package?
11) What will be the legal fees and professional fee/stamp duties before acquiring the property?