Safe investing is knowing yourself for Puchong Kinrara condo for rent

As housing lawyers, we can recommend paying special attention to the apartment’s installations in the form of plumbing and electrical installations, downpipes and pipes. In addition, you can consider having a separate electrical report made, as many problems arise about illegal electrical installations in condominiums.

In addition, you should investigate whether there are illegally submerged ceilings in the condominium as there may be some different things that should not be hidden away. Furthermore, you should keep an eye out for special low-voltage spots that can be very hot and therefore flammable.

The Right Apartment

It is not only the apartment itself that you should inspect but also the property’s roof, ceiling, basement and windows. This is because as the owner of an owner-occupied apartment, you, together with the other owners, are responsible for the owners’ association and the maintenance of the main property with associated expenses. Go for the Puchong Kinrara condo for rent or Bukit jelutong condo in this case.

Finally, it is a good idea if you investigate whether the apartment is legally furnished and used. This may, for example, be in connection with an unapproved bathroom. You can check this in the BBR register and at the technical administration in the municipality in question.

Examine the owners association

When you buy a condominium, you are also part of a community, as they are, for example, common about maintenance of the main property, stair washing and renovation. Therefore, as housing lawyers, we recommend that you do well to also review the owners’ association’s articles of association and minutes from the general meetings:

  • How is the owners’ association’s finance?
  • How are you liable in relation to the loans taken out?

Are major maintenance works planned on e.g. roof or other common areas? This can result in significantly higher expenses in the long run than first thought

  • Are you allowed to have pets in the apartment?
  • Is it possible to sublet your apartment later?

Are there fixed common duties that you must participate in? E.g. Annual garden days

Why buy a condominium in Malaysia?

The Malaysia housing market is characterized by high prices and relatively short lengths of stay. Therefore, as housing lawyers, we experience that a home sale can sometimes seem hasty for you as a buyer. But there are some essential things that you should be aware of. You should keep track of the condition of the property, whether there are illegal installations and the owners’ association’s finances. A home sale is a great investment, which is why it is a good idea to have a clear picture of the home that you are buying so that you do not regret your purchase later on.

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