Where should you stay if you are relocating to Malaysia? What are the types of accommodation available? Find out in this article.
If you have decided to settle in Malaysia, finding accommodation will be one of your major concerns. This should not be complicated as the country provides a wide range of accommodation options for foreigners, including apartments, condominium, houses, etc. Some prefer flat sharing or room sharing which are cheaper options while others prefer hotels or vacation residences, especially for short stays.
In your case, take the time to decide which type of accommodation will better suit your needs, especially if you are moving there with your family. The city and neighborhood is another key factor to be considered.
Types of accommodation
There are six main types of accommodation options in Malaysia:
- apartments (individual or building)
- detached houses
- semi-detached houses
- private residences.
Most expatriates prefer to opt for furnished apartments if they are planning to stay for an indefinite period. In general, lease has a two years duration in most cities and popular regions. However, expat communities are used to negotiate with the owners regarding the lease term. In fact, the Malaysian rental market tends to adapt to demands and according to different budgets.
Rent prices usually vary according to the type of accommodation and neighborhoods. Moreover, rent prices are lowers for housing units which have been rented for a long period. As it is, owners prefer to grant minimum two years lease terms.
Thus, you will need between 1,500 and 2,500 ringgits for a housing unit in the city center according to the number of rooms. In the outskirts, you are likely to pay half the price, that is between 850 and 1,400 ringgits according to the number of rooms.
If you wish to share a room or an apartment, you can start your accommodation search on the Internet thanks to numerous room-sharing websites and offers. Room-sharing and flat-sharing is particularly appropriate for young foreigners moving in alone as rent prices are more affordable.
Otherwise, it is best to register with a real estate agency if you are looking forward to rent an apartments, a house, a bungalow, etc. In fact, you will be required to deal with a real estate agency even if you spot a “For rent” sign on a house or apartment. Note that fees applied are the owner's responsibility.
You can also find accommodation in Malaysia through networking.
There are two types of lease agreements in Malaysia. In the first case, your employer engages himself to pay your rent. Hence, the real estate agency will request for a letter of offer which has been signed by your employer.
Thereafter, the real estate agent will deal directly with your company's foreign employees department. On the other hand, if you are renting accommodation on your own, rent will be your responsibility. Therefore, you will have to produce your employment contract.
Lease terms are generally established for a two years period. But if you wish to rent the housing unit for a shorter period, you will have to negotiate with the owner. You are advised to read and understand the lease terms thoroughly before signing the documents. In case of termination of contract before reaching the term, the owner may claim compensation. Moreover, the deposit, which is equal to two months’ rent, will not be refunded.
Finally, you are required to subscribe to a home insurance so as to insure your belongings against theft, fire and other damages such as floods. The rental agreement indeed limits the liability of the owner to the insurance of walls.