" Hi, I''m an expat American living in Ireland and hope to transfer to Malaysia soon. Is there any difficulty in purchaseing a home in Malaysia after you have the necessary work permits and residency? thanks, Steve "

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" Housing in Malaysia Generally there is no problem. Some condo projects are now allowed to do so, these tend to be built under the low-cost housing scheme. The more prestigious projects and existing condos are no problem. For possible rentals and units for sale look under http://classifieds.thestar.com.my/ Sid "

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" Dear Sir, I can help you own a luxurious condo in the heart of the city where a lot of UK and US expatriates live. You can own this condo and sell it off later for a profit when you decide to leave the country. Let me know if you are interstested. My e-mail is mkuppan@yahoo.com "

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How much is a modest but civilised 1-2 bedroom appartment in KL (convenient location for getting to Equine Park)?
I would be looking for a building in reasonable state of repair with AC.
Would an allowance of 4332 Ringit cover the rent and utilities?

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Dear Flossie,
My name is T. K. Wong and my E-Mail Add is: sam_wtk@yahoo.com
I am a real estate agent connected with City Real Properties, an estate agency that specialises in finding accomodations and commercial properties for expat.

The answer to your second question is "YES"
However to answer your first question you need to let me know what do you mean when you say "convenient location for getting to Equine Park". Convenient by means of driving or walking or public transport?
Could you also please let me know when would you be coming so that I can shortlist a few suitable locations and units for your viewing.
Please let know too when do you want your tenancy to commence.
Beside AC what other facilities are you looking for, e.g. swimming pool, 24hr security, gym, squash, sauna... please specify.

I sincerely forward to your reply.

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Dear Steve,

My name is T. K. Wong and I am a real estate agent under the company City Real Properties. Our Agency specialises in finding accomodations and commercial properties for expats.
We sincerely would like to offer to you our services and a taste of Malaysian hospitality.
Buying a house in Malaysia is not a problem but I strongly recommend that you should go for rental first rather than to immediately jump into buying something. Buying without familirising yourself with what that come with your new territory MAY end up to be very costly or even being cheated.
I would sincerely like to help you out if you can provide me with the necessary answers to the following questions:
1. Malaysia is a very big country, so can you specify
where in Malaysia you would be based?
2. Do you really still want to go for buying instead of
renting?
3. What is your budget?
4. How soon would you be needing it?
5. When would you be available for viewing?
6. What kind of facilities would you be looking at?
(Swimming pool, gym, sauna... please specify)
7. How big a space do you need? (how many rooms,
how many square feet of living space you need)
8. Which do you prefer, a house or a condominium?

I look forward to your reply: sam_wtk@yahoo.com

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I am NOT a realtor... but I would counsel caution with regards to buying property:
1) house prices and rental prices are NOT even vaguely in sync with the usually formula used in say UK or US for calculating one from the other - eg you can rent a VERY nice condo or house for a minute fraction of what you would calculate as the asking price
2) it is my (very uneducated opinion) that house/condo prices are "unrealistically exuberant", and if you intend to buy with the view to sell in a few years... you may not make a profit. However, in the much longer term... who knows!
3) additionally, Malaysians for reasons only known to themselves, love NEW condos, and the value of "second-hand condos" drops almost like used cars! Having said that, the area of Kuala Lumpur known as Bangsar (infamous as a Expat enclave) seems to hold its residential property values pretty well!

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