Buyer terms · Loan · Legal · Investment
Simple explanations for property terms buyers hear before booking, signing, applying for loan or comparing investment returns.
Loan
Debt Service Ratio. Banks use it to estimate whether your income can support your monthly commitments.
Why it matters
A project can look affordable, but your DSR may still block loan approval.
Ask Lewis to estimate your monthly instalment and DSR comfort before viewing.
Related guideLegal cost
Memorandum of Transfer stamp duty paid when ownership is transferred.
Why it matters
It affects cash needed, especially when the developer package does not absorb it.
Ask whether MOT is included, waived, absorbed or payable separately.
Related guideLegal process
Sale and Purchase Agreement. The main legal agreement for the property purchase.
Why it matters
Signing timeline, rebate terms and cancellation risk should be understood before booking.
Ask for booking terms and SPA signing deadline before paying a fee.
Related guideTenure
Property tenure without a lease expiry period, subject to legal and land conditions.
Why it matters
Often preferred for long-term holding, but price and location still matter.
Compare freehold against leasehold by entry price, demand and exit liquidity.
Related guideTenure
Property tenure with a lease period, commonly 99 years for many Malaysian developments.
Why it matters
May have a lower entry price, but remaining lease and buyer perception matter.
Ask how leasehold affects resale demand in that specific area.
Related guideInvestment
Annual rent divided by property price, before deducting maintenance, vacancy and furnishing cost.
Why it matters
It is useful as a first filter, but not enough to judge net return.
Ask for rent evidence, maintenance estimate and vacancy buffer together.
Related guideHolding cost
Monthly fee paid to maintain common facilities and building management.
Why it matters
High maintenance can reduce net yield and monthly cash flow.
Ask for estimated maintenance fee per square foot and sinking fund.
Related guideTimeline
The stage when the buyer can take possession of the completed property.
Why it matters
Investors should plan loan instalment, furnishing, tenant search and defect period around this date.
Ask for expected VP date and construction progress before booking.
Related guideStart with DSR, monthly instalment, MOT, SPA, maintenance fee and rental yield because these affect affordability and cash flow.
AI-ready answers
This glossary explains common property terms in practical buyer language.
Debt Service Ratio. Banks use it to estimate whether your income can support your monthly commitments. A project can look affordable, but your DSR may still block loan approval.
Memorandum of Transfer stamp duty paid when ownership is transferred. It affects cash needed, especially when the developer package does not absorb it.
Sale and Purchase Agreement. The main legal agreement for the property purchase. Signing timeline, rebate terms and cancellation risk should be understood before booking.
Property tenure without a lease expiry period, subject to legal and land conditions. Often preferred for long-term holding, but price and location still matter.
Property tenure with a lease period, commonly 99 years for many Malaysian developments. May have a lower entry price, but remaining lease and buyer perception matter.
Annual rent divided by property price, before deducting maintenance, vacancy and furnishing cost. It is useful as a first filter, but not enough to judge net return.
Send Lewis your budget, preferred area, and purpose. He can help you shortlist projects, compare numbers, and plan the next viewing.
