4 Answers

askguru expert
Hi there aspiring homebuyer,

This is a good question on the (hidden) costs of owning a home, which is often neglected by many buyers when purchasing a property.

Owning a house not only entail the downpayment and monthly loan repayment, but also utility bills, maintenance fees and property taxes such as quit rent, parcel rent and assessment rates.

For serviced apartments, it does come with a higher cost as compared with typical residential apartment/condominium.

This is because service apartment often come with housekeeping facilities, room service and so forth, which entail a higher maintenance charge every month. Also, as serviced apartments sit on commercial land, owners have to pay commercial rates for utility bills and property taxes too.

As you are buying for own stay, you are advised to find out all these hidden costs before you make the purchase.

You can check out these handy guides for more details: https://www.propertyguru.com.my/property-guides/5-facts-about-serviced-apartments-30871
https://www.propertyguru.com.my/property-guides/serviced-apartment-condo-malaysia-16623

Hope this helps! Read More
Andy Gan
Hi, service apartment normally have amenities on the residence itself, is convenient compare condo. Not every service apartment utility was commercial, some is residential as well, need to check. Read More
Azizun Nusdin
Hi Good Morning Sir, I am Azizun from Maxxan Realty Sdn Bhd (REN47197). Please contact me for further discussion about apartment to buy. www.wasap.my/601127829412 or Email azizunnusdin2@gmail.com Read More
NOR DIYANA
Hi, im Diyana (REN 44699) . I will assist you to sale/rent property .Please contact us 017-2357969 . Tq have a nice day Read More