QUOTE(irene_star982 @ Oct 1 2015, 12:28 AM)
Hi,
Need help as I need to ask a few question about buying property in other state in Malaysia as holiday home.
I am KL based but thinking of buying a small second-hand holiday flat in penang and other state for holidays
I already own a few property in KL but tot of buying a small flat in penang and melaka for holiday and rather not stay in hotel. The hotel price is enuff for me to buy a small flat or pay the mortgage for a small flat.
My question is
Will there be any trouble in transfer of tittle if i buy a flat around 500 sqft at for less than 100k-200k??
As far as i know, if you ask those house broker, can i buy? All of them will say can !!! but they will not mention if there will be any trouble during the transfer of house tittle to my name......
I am looking at those non-new, non-bumi, non-low cost and freehold with strata tittle small flat.....and I am NOT wanting a deed of assignment (DOA)..... I want a proper transfer to my name direct on the tittle itself.....
I know that in KL and Selangor that any property less than 650 sqft will be automatically fall under the low cost housing rule.....but i do not know for other state in Malaysia
I am not eligible to buy low cost house or those recent affordable house by govt.
My idea will be buying those cheap flat with v little loan amount as they are already at a low price.....
Any advice from all the property sifu here will be good..... am sure alot of people is thinking to buy small flat for holiday home rather than staying in those pricey hotel.....
Anyone wanting to share any experience they have in buying a small cheap second hand holiday home in other states?
Thank you in advance.....
You are wrong when you say that any property less than 650sq feet will automatically be categorized as low cost housing. There are many studios in high end areas below 650sqf which are definitely not low cost. Need help as I need to ask a few question about buying property in other state in Malaysia as holiday home.
I am KL based but thinking of buying a small second-hand holiday flat in penang and other state for holidays
I already own a few property in KL but tot of buying a small flat in penang and melaka for holiday and rather not stay in hotel. The hotel price is enuff for me to buy a small flat or pay the mortgage for a small flat.
My question is
Will there be any trouble in transfer of tittle if i buy a flat around 500 sqft at for less than 100k-200k??
As far as i know, if you ask those house broker, can i buy? All of them will say can !!! but they will not mention if there will be any trouble during the transfer of house tittle to my name......
I am looking at those non-new, non-bumi, non-low cost and freehold with strata tittle small flat.....and I am NOT wanting a deed of assignment (DOA)..... I want a proper transfer to my name direct on the tittle itself.....
I know that in KL and Selangor that any property less than 650 sqft will be automatically fall under the low cost housing rule.....but i do not know for other state in Malaysia
I am not eligible to buy low cost house or those recent affordable house by govt.
My idea will be buying those cheap flat with v little loan amount as they are already at a low price.....
Any advice from all the property sifu here will be good..... am sure alot of people is thinking to buy small flat for holiday home rather than staying in those pricey hotel.....
Anyone wanting to share any experience they have in buying a small cheap second hand holiday home in other states?
Thank you in advance.....
When buying such holiday apartments, you will need to take into account the other charges which you will need to bear, such as quit rent, assessment, maintenance etc when deciding whether it is worth it to buy as a holiday apartment.
Oct 9 2015, 10:01 AM

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