Interest rates may also increase some time in the coming years, so don’t calculate monthly loan instalments which are too high a proportion of your monthly income. Look for your property To look for property on Star Property.my, just type in the areas you are interested in, together with your budget.
You can also search by built-up area, number of bedrooms or bathrooms, tenure, furnishing and age of listing.
This is also a good time to get the word on the ground on neighbourhood security, nasty neighbours, upcoming developments, etc.
A good question to ask the agent is how long he or she has been marketing this property.
If it has just come on the market, there is a good chance you can get it at a good price.
Keep in mind that you would need several thousand more ringgit to pay for stamp duty (or memorandum of transfer) and other legal charges.
For, say, a RM450,000 house, these costs can come up to nearly RM20,000.Scrutinise it for the owner’s name, the tenure, official address (is it really a Bangsar address, as the advertisement states?