Moving House for the First Time? Follow These Interior Design Tips
by Adwords on August 26, 2021
by Adwords on August 26, 2021
If you've been looking for a home in Malaysia, you've undoubtedly noticed different terms used to refer to several buildings like flats, condos, and apartments.
The difference between a flat, an apartment, and a condo is a fascinating topic for homebuyers and renters, and it might reveal some significant differences that are essential to your property search.
Let's take a closer look at the differences between flats, apartments, and condominiums.
In Malaysia, luxury is often associated with condominiums. They make up a significant portion of the magnificent new launch properties that are popping up in desirable or up-and-coming regions of Malaysia's cities.
Although condominiums are similar to apartments or flats in structure, they are bigger in size and usually come with plenty of facilities such as a sauna, swimming pool, gym house and more.
Some newly launched condominiums in Malaysia even come with furniture and a good interior design as promised by the property developer.
The size of a condominium in Malaysia can range from 850 sq. ft to a whopping 4500 sq. ft.
In Malaysia, condominium owners are obligated to pay monthly maintenance fees, which can range from RM200 for a medium-range condominium and as much as RM1000 for an upscale condominium.
Condominium renters, on the other hand, are not required to pay the monthly maintenance fees.
Kenanga Residences in Bachang, Melaka
A private dwelling that is self-contained inside a building complex or community is referred to as an apartment. They will almost always have an on-site management office where a property manager works.
The property manager is the primary point of contact for house owners and renters with concerns such as maintenance, rental agreements, and other enquiries. The maintenance staff is then assigned jobs for general repairs and property care.
Numerous communal features within the apartment complex are available to residents, although these facilities -- swimming pools, gyms, and a laundry facility -- are often no-frills and non-luxurious as compared to the ones found in the condominium in Malaysia.
The number of rooms and layouts vary depending on the kind of complex. Apartments with three bedrooms are the most common, although they can also include two bedrooms.
Apartments located in major cities in Malaysia are listed for around RM250,000 to RM400,000, which is substantially less than the benchmark price for even the cheapest condominium.
The size of an apartment in Malaysia can range from 1000 sq. ft to 1500 sq. ft.
Just like condominium owners in Malaysia, apartment owners are obligated to pay monthly maintenance fees, which can range from RM100 to RM160. Apartment renters, on the other hand, are not required to pay the monthly maintenance fees.
Apartments and flats have a lot in common. Both are independent residential units with varying numbers of rooms. Turning old structures into stylish, luxury flats that sell at a premium is becoming increasingly common.
Large cities with a youthful population are ideal locations for them to purchase these highly desired properties.
When renting an apartment, you have the option of dealing with a management firm or directly with the property owner. A single owner may occasionally own the property and manage any issues that arise with the tenant.
However, keep in mind that in some cases, the renter is responsible for modest flat repairs. Only serious structural or plumbing concerns would be the owner's responsibility.
In comparison to condominiums and apartments, flats often have relatively limited amenities. Flats have a lower maximum price limit than apartments and condominiums and usually fetch approximately RM120,000 to RM200,000 in Malaysia.
The size of a flat in Malaysia is usually small range from 500 sq. ft to 750 sq. ft. Just like condominiums and apartment owners in Malaysia, flat owners are obligated to pay monthly maintenance fees.
Flat renters, on the other hand, are not required to pay the monthly maintenance fees.
Serenity Homes in Iskandar Puteri Johor
When it comes to choosing an apartment, flat, and condominium in Malaysia, there are a few things to consider.
If you need a place to stay and know you will be on the move for the next several years, an apartment or flat will be the ideal choice.
A condo, on the other hand, could be a good option if you have a bigger budget.
For further information about condominium interior design or condo interior design ideas in Malaysia, including finding the best renovation contractors, visit Renoplus, your trusted local pro for all your home services.