REAL ESTATE ADVICE

  𝙒𝙝𝙖𝙩’𝙨 𝘿𝙧𝙞𝙫𝙞𝙣𝙜 𝙎𝙖𝙗𝙖𝙝’𝙨 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙈𝙖𝙧𝙠𝙚𝙩 𝙞𝙣 2025? Sabah’s real estate market continues to attract attention in 2025, drawing interest from both local buyers and international investors. With its unique blend of natural beauty, economic growth, and infrastructure development, the state is positioning itself as one of Malaysia’s most promising property destinations. But what exactly is fueling this momentum? 𝟏. 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐒𝐞𝐜𝐭𝐨𝐫 🌊🌿 Sabah’s world-renowned natural attractions, Mount Kinabalu at Kundasang highlands, pristine islands, and marine parks, remain strong drivers for property demand. The tourism boom is not only creating opportunities for hospitality-based investments, such as resorts, homestays, and event spaces, but also boosting the long-term rental market. 𝟐. 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲🚊✈️ Ongoing improvements in road networks, airport expansions, and proposed transport up...

  Freehold vs Leasehold in Sabah - Which one is better?  If you're buying a property, you will hear the name of this term, whether it's freehold or leasehold. What's the difference?  The truth is ... both have pros and cons. What’s “better” depends on your goals, budget, and future plans. Now, let's talk about the different! Table 1 In terms of ownership, for freehold,   you own the property and the land indefinitely, but for leasehold, you lease the property from the state for a fixed term (often 99 years in Sabah). Both have their own advantages (refer to Table 1). For Freehold, it is best for Long-term investment, family homes, or passing property to the next generation while for Leasehold, you need to take a few considerations: Renewal cost when lease expires Slightly harder to sell near lease end Some banks may have stricter loan terms for short leases Sabah Specific Factors to Consider In Sabah, certain rural and native lands have restrictions, so freehold migh...

  So you have found something that caught your eye, and it's now time for a viewing. Whether it is a charming city apartment in Kota Kinabalu or a landed house in Penampang, an open house is really your best chance to know the honest story behind the pictures. How do you ensure you get the most out of the visit? The following are some important things you need to check into during your next house viewing so that you can make a confident and informed choice. 🔍 1. Look Beneath First Impressions Decoration, color palette, and lighting are all chronological adornments; the buyer is buying the place, not the furniture. ✔️ Look at the layout. ✔️ Measure the size of the rooms; you might need to bring your tape, if needed. ✔️ Envision your own furniture within the space. Something should be clear by now: trendy interiors can barely hide structural problems and awkward layouts.  🚿 2. Test Whatever Is Possible  Open all cabinets and tap things if you want; in fact, you should. ...

  WHAT IS SKIM RUMAH RAKYAT SABAH (SRRS) Photo Source: Utusan Borneo Online Skim Rumah Rakyat Sabah (SRRS) is an initiative program by the Sabah State Government to help people of Sabah easily own their first home. Key Features of this scheme:     Eligibility & Criteria For Scheme SRRS - Malaysian Citizens aged 18 and above - Must be a Sabah Resident and non-Sabah resident who has lived in Sabah for over 5 years - First Home Buyer - Household Income Must be Rm3000 - Rm10,000 By providing 100% financing, competitive interest rates, and extended repayment terms , this program reduces financial barriers and ensures that more Sabahans can own a home without excessive financial strain. SRRS not only serves as a housing initiative but also acts as a catalyst for economic growth by stimulating the property market and supporting local development. It reflects the government’s commitment to enhancing the well-being of its citizens , ensuring they have access to secure an...

Purchasing auction properties can sometimes be enjoyable and cheap, thanks to the nature of auctions, which is why people find themselves participating in them . Ho wever, it also involves certain risks. Below are some of the important advantages and disadvantages: The Advantages of buying auction property The Possibility of Getting Property Below the Market Value - Properties at auctions are always offered for sale at a price lower than the market price as such sellers including banks or extremely motivated owners want to sell the asset as quickly as possible. Thus it helps in getting great bargains particularly if the asset is located in an appealing market. Quick to Take Ownership of property - Usually after winning an auction, it is easy to complete the purchase especially since the transfer of the property is done in a short period and this is advantageous to investors desiring a quick purchase. Investment Opportunities - There are times when the investor may decide to purchase a ...

  A Co-agency is usually a cooperative framework in which two or more realtors or agency firms collaborate on the same property deal. Listing firms represent the Listing Agent (LA) and Cooperating Firm by the Co-agent (CA).  How does Co-agency work? Both agents should sign the agreement first before commencing the work. Agreement will prepared by the Listing Firm because they are legally appointed by the vendor to go and sell and market their property.  Both parties must agree with all the terms and conditions in the agreement and sign it before proceeding to the next step.  The Listing Agent (LA) will collect the deposit once the deal is closed. The listing Firm will issue the fees to the Cooperating Firm and that's how they get their commissions.  How much does the Co-agency share? In a standard way, it's a 50-50 sharing. Somehow, it depends. Some LA will say they are collecting 3% and if any agent wants to do co-agency with them, the fee sharing is 1% so...