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A research on the subcategories of properties can enable the proprietor to understand and maximize the investment returns of the property.
Residential property covers a whole area of property types including condominiums, residential houses, service apartments, apartments, townhouses and bungalow. Let us examine the various types of residential properties available in Malaysia.
Apartments and Condominiums
Commercial property covers a whole area of property types including shop offices, shop houses, commercial buildings, retail stores, professional buildings and shopping centres. Commercial property is pricier than residential property and it has a possibility to face problems in rental during recession. Let us examine the various types of commercial properties available in Malaysia.
There are three main types of land in Malaysia: freehold land, leasehold land and Malay Reserve land. The status of lands that are to be purchased must be checked in order to make an informed investment decision. Land status can be checked at the Land Office or the State Land Registrar.