How much does it cost to buy a property in Malaysia?

According to NAPIC, there were 92,017 residential property transactions in the first half of 2021, averaging RM375,000 per transaction. Total cumulative value of transactions during this period is RM34.51 billion. Of that, 57% of the transactions are priced under RM300,000. 24% are priced between RM300,000 to RM500,000 and 14% are priced between RM500,000 to RM1 million. Only 5% of property transactions are priced above RM1 million. For commercial property, there were 10,433 transactions recorded in the first half of 2021, averaging RM1.05 million. Total cumulative value of transactions during this period is RM10.93 billion. Of that, 33% of the transactions are priced under RM300,000. 22% are priced between RM300,000 to RM500,000 and 28% are priced between RM500,000 to RM1 million. 17% of property transactions are priced above RM1 million.

How to increase the value of my home?

Most people only think of increasing the value of their homes when they intend to sell it. But if they spared the effort and expense to add value while still living there, they'd also benefit from the improved surroundings.

What should I be mindful of when buying a property in the secondary market?

The biggest benefit of buying a property in the secondary market is that the property is ready, is more secure and less speculative. Having said that, things like title issuance and title tenure are some of the things you need to study carefully before making a decision.

How do I calculate how much loan I can borrow to buy a property?

Beyond knowing how much cash upfront you need to pay when buying a property, you need to know how much loan you are eligible to borrow to finance it. Use the EdgeProp Loan Check to calculate before you commit.

Which property website is the best in Malaysia?

There are a number of popular property portals in Malaysia. EdgeProp.my is a property portal focused on empowering consumers with the resources they need to make better-informed property decisions. EdgeProp.my users can count on it to make sense of the property market by combining property listings with up-to-date news, home price data, local information and innovative tools.