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Penang > Real Estate Information

 

Rental Consideration

  • Private Owners
  In Malaysia, most of the rental cases are from private owners. The price of the
  rental unit vary in decor even if it's in the same apartment or condominium.
  Finding a good rental owner in Malaysia is important.

 

  • Rental Units
  Most rental are annual contract based. For those who wish to rent for a short
  term period (eg 3 months). The rental property is very limited for short-term
  rental.

 

  • Cost
  A deposit of two months is needed for the annual contract rent. The deposit
  costs from RM500 to RM1000. The Realtor's Commission costs around RM200
  for either half or per month. The annual subscription fee is also needed for
  short-term rental between 1 to 3 months.

 

  • Negotiation
  It is strongly recommended that you inspect the property before you rent it.
  Negotiating with the tenants regarding the property condition is possible.

 

 
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