Aside from location and cost, if you're searching for a new residence to rent or purchase in Malaysia, you're probably picking between landed property and a condominium.

Finding the ideal residential property can be a difficult undertaking because there are so many locations to explore and aspects to consider.

Whether you choose to live in a landed home or condo, there are a few crucial aspects to consider.

1. Price-to-value

While the price of a luxury condo is equivalent to that of landed property, most high-rise homes are often less expensive and make an excellent entry-level buy.

It is a good investment since it is easy to rent out and produces a higher rental income.

However, its long-term appreciation rate is slower, and its worth is dependent on maintenance.

Landed properties, on the other hand, are still a good investment, despite their larger price tag, because you receive not only the house but also the entire plot of land on which it is built, which will result in a greater appreciation rate and resale value in the long term.

2. Space

Condos are often smaller in size, making them perfect for young couples or small families.

It's great if you have a limited budget and don't want to spend much on your condominium interior design.

There are, however, a limited number of parking spaces available, and you may have to pay a premium to obtain additional parking space.

Furthermore, due to building restrictions, you will be unable to freely modify or expand the area.

Landed residences are ideal for having a family since you will have the flexibility to renovate or expand without worrying about space limits.

You'll also receive a decent quantity of garden space around the home, which adds to the compound area, as well as plenty of parking places.

Taman Puncak Bertam in Melaka

3. Maintenance

With the added facilities in condos, you will be required to pay maintenance fees monthly, regardless of which services you utilize.

It is critical to investigate the effectiveness of the building management since bad management will drive down the property price and limit the unit's saleability.

You are responsible for the maintenance of a landed property but are not subject to a regular maintenance charge unless it is in a gated and guarded neighbourhood.

4. Security

High-rise buildings are often safer since they have at least a three-tier security system, which includes security guard checkpoints, 24-hour CCTV, and the use of a residents-only access card.

Except for the gated and guarded community, which is provided with a suitable fence and security guards who monitor the movement of guests, landed homes lack security protection.

5. Quality of life

Living in a high-rise apartment allows you to make use of amenities such as a pool, gym, sauna, playground, and other sports facilities, if available.

You also get a bird's eye view of the city, superior ventilation, and sunlight, and are pest-free. However, you live in a high-density building with less privacy, sharing lifts with other tenants, and having to wait for the lift during peak hours.

While landed properties may not provide attractive vistas or amenities, you will have more privacy because you will not be sharing any portion of your living space and will be able to design your leisure facilities based on your preferences.

6. Rules and regulations

In a high-rise structure, you cannot do house renovations or modify the outer face or expand your area as you see fit.

Even if your remodelling work is approved, you will be subject to the management's laws and regulations.

If you have a pet, you should examine the building's restrictions and consider your pet's movement in a small place.

When it comes to landed properties, you are in charge.

You are allowed to renovate, enlarge, or make any other changes to your property as long as they comply with the home plan and are approved by an architect.

You will also have plenty of room for your pet, and the best part is that no permission is required.

All In All 

There is no right or wrong choice when it comes to choosing between a condo or landed property because each has its own set of advantages and disadvantages that suit various people.

Whatever you pick, keep your main goals in mind, as well as your personal and family needs, future life planning, and the affordability of possible payments, to ensure that you receive the best deal when it comes to financing your purchase.