4 Questions You Should Ask Before Deciding To Buy A Property

This Spotlight is sponsored by Mah Sing Group. Cover image features M Vertica and Cerrado.

However, it can also be a daunting experience because it involves such a huge financial commitment. Whether you're buying a home as an investment or for own stay, it's not something you should rush into.

As a rule of thumb, it's better to buy from recognised developers with a proven track record. While less known developers may be able to give you a better deal, you run the risk of getting a subpar property - worse still, the developer might not have enough financial backing to complete the project.

With trusted developers like Mah Sing, you can rest assured that your home will be of the highest quality. You won't have to worry about abandoned homes, as Mah Sing has a culture of fast execution and has delivered more than 30,000 homes to date.

While developers can promise that your property will be part of the next business or recreational hub, it's important to do your own research on the neighbourhood and its future prospects.

One easy way to start is by looking at property and rental prices in the surrounding area. Next, it's always good if there are amenities nearby, such as supermarkets, schools, clinics, and access to major roads. Another thing to keep an eye out for is upcoming developments from other developers - if there are multiple developers in one neighbourhood, it's a positive sign that the area is in high demand.

If you’re looking for a home with great accessibility, Mah Sing has various ongoing and upcoming projects with convenient locations. For instance, Mah Sing’s projects at Southville City have direct access to the KL-Seremban Highway, while M Vertica has a covered walkway to an MRT-LRT station just 500m away.

Before you commit to buying a home, you should be clear on why you’re doing it. Many people have the misconception that when you buy a property, you’ll just have to wait a few years for it to multiply in value, and you can make a profit by selling it. However, that’s not how it always works.

If you’re buying an extra home for investment, you’ll need to consider several factors, like the price and value of the property, the current property market, and whether there’s a demand for the property. You really need to do your research! 

If you’re buying a home for own stay, make sure you find a place that’s comfortable and will suit your daily needs. After all, you’ll be staying here for a while, so you’ll definitely want an environment that you love coming home to.

To really know whether you're getting the best property deal, make sure you ask what kind of payment schemes or promotions the developer is offering. While having free stamp duty, waived lawyer fees, or special discounts may seem small, it could end up saving you thousands of ringgit!

Nowadays, most developers like Mah Sing also offer a variety of payment schemes that will help you own a home according to your financial capabilities.

1. Stay First, Own Later
In partnership with Maybank HouzKEY, you get to rent your dream home for 1-5 years, while having the option of converting to buy the property at its initial price from the first year mark onwards.

This has a lower financial commitment and gives you time to build your finances before you eventually decide to buy the property. If you realise that you don’t want to buy the property after five years, you can still walk away with no strings attached.

2. Own Now, Secure Your Home With RM500
As part of the government's Home Ownership Campaign, you'll get to enjoy lots of instant discounts, free stamp duty, and booking fees at only RM500. This means just by placing an RM500 booking fee, you can lock-in your dream home with Mah Sing immediately.

You can also get up to 90% financing, even if this is your second or third property.

*Terms and conditions apply.

Price: From RM470,000
Monthly rental: From RM900*
Monthly mortgage repayment: From RM1,900**

Property Details:
- 888 sq ft to 914 sq ft
- Three rooms
- Futsal court, yoga lawn, sunbath, hammock lawn, and more
- Freehold
- Direct link from KL-Seremban Highway, 19km to Kuala Lumpur

Price: From RM398,000
Monthly mortgage repayment: From RM1,350**

Property Details:
- 656 sq ft to 2,077 sq ft
- Two to four rooms
- 50m lap pool, magical oasis, sauna, multipurpose hall, indoor gym, and more
- Freehold
- Direct link from KL-Seremban Highway, 19km to KL city centre

Price: From RM385,000
Monthly mortgage repayment: From RM1,500**

Property Details:
- 700 sq ft to 1,000 sq ft
- Two to four rooms
- Jacuzzi, futsal/basketball court, urban farming, KTV room, and more
- Leasehold
- Next to Kepong Metropolitan Park, shuttle bus to nearest MRT station

Price: From RM480,000
Monthly mortgage repayment: From RM1,900**

Property Details:
- 850 sq ft to 1,000 sq ft
- Three to four rooms
- Covered walkway to Maluri MRT-LRT Interchange 500m away, over 40 facilities
- Largest landscaped and facilities deck in a KL high-rise

* Valid for selected units in participating projects, for a limited time only under the Eazy to Own campaign.
** Mortgage amount may vary for each individual depending on various financial factors.