Look beyond the brochure
A good-looking project still needs independent checking.
Project checklist
Developer
Check the developer’s track record, project history and the exact legal entity involved in the transaction.
Tenure and title
Understand tenure, title structure and any restrictions that may apply.
Total cost
Look at maintenance fees, sinking fund, legal costs, duties, furnishing and likely holding costs.
Unit
Compare built-up size, layout efficiency, orientation, floor, view, parking and actual usable space.
Supply and competition
Ask how many units exist, what competing projects offer and who the likely buyer or tenant is.
Exit
Before buying for investment, define the likely exit buyer and what could make the unit easier or harder to resell.
Always confirm material legal and financial matters with qualified Malaysian professionals.