LPPSA loan refers to a loan provided by the Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA), which is the Public Sector Home Financing Board. The LPPSA offers home financing primarily to civil servants working in the public sector, including government employees and their families, to help them purchase or build homes.

Real Property Gains Tax (RPGT) is imposed on gains from the disposal of real property or shares in real property companies. The Real Property Gains Tax (RPGT) rate in Malaysia depends on how long you have owned the property before selling it.

Skim Jaminan Kredit Perumahan (SJKP) is a government-backed scheme designed to assist certain groups of people in purchasing homes, particularly for first-time homebuyers.

A Green Building refers to a building that is designed, constructed, and operated in an environmentally responsible and resource-efficient manner throughout its lifecycle. The concept focuses on reducing the building’s impact on the environment while enhancing the health and comfort of its occupants. The goal is to create buildings that are not only energy-efficient but also use sustainable materials, optimize water usage, and improve indoor air quality, among other benefits.

Management Fee and Sinking Fund are common terms associated with the maintenance and management of strata-titled properties, such as condominiums, apartment complexes, or mixed-use developments. These fees are charged to property owners or tenants to cover the costs of maintaining and managing shared spaces and facilities. Management Fee The management fee is a regular charge […]

Tenancy Agreement is not legally binding unless it is stamped. The stamping process is a requirement under the Stamp Act 1949 for certain documents, including tenancy agreements, to be legally enforceable in the eyes of the law.

When renting a property in Malaysia, a Tenancy Agreement security deposit and a utility deposit are typically required by landlords. Both deposits are often paid upfront, along with the first month’s rent, before moving in.

MRTA, MLTA, MRTT and MLTT are all types of insurance policies related to housing loans or mortgages. These are used to protect both the borrower and the lender in case of unexpected events, such as the borrower’s death or total disability. Each one has unique features in terms of coverage and structure. MRTA (Mortgage Reducing […]