Malang

Apartments and Condominiums in Malang, Indonesia

Types of Apartments and Condominiums

1. Studio Apartments: Compact living spaces ideal for singles or couples, typically featuring a combined living and sleeping area.
2. 1-Bedroom Apartments: More spacious than studios, suitable for individuals or couples needing extra space.
3. 2-Bedroom Apartments: Commonly found in family-oriented neighborhoods, offering more room for families or shared living.
4. Condominiums: Often part of larger complexes with shared amenities, available in various sizes, from 1 to 3 bedrooms.

Average Rental and Purchase Costs

• Rental Costs:
  • Studio: IDR 1,500,000 - IDR 3,000,000 per month
  • 1-Bedroom: IDR 2,000,000 - IDR 4,500,000 per month
  • 2-Bedroom: IDR 3,000,000 - IDR 6,000,000 per month
• Purchase Costs:
  • Studio: IDR 300,000,000 - IDR 600,000,000
  • 1-Bedroom: IDR 400,000,000 - IDR 800,000,000
  • 2-Bedroom: IDR 600,000,000 - IDR 1,200,000,000

Process for Renting or Buying

1. Renting:
   • Search: Use local real estate websites, social media groups, or contact local agents.
   • Viewing: Schedule visits to potential apartments.
   • Documentation: Prepare identification (KTP for locals, passport for foreigners) and proof of income.
   • Lease Agreement: Review and sign a lease, typically for 1 year, with a security deposit (usually 1 month’s rent).
2. Buying:
   • Research: Identify neighborhoods and property types.
   • Legal Assistance: Engage a local notary or lawyer to navigate the legalities.
   • Financing: Explore local banks for mortgage options if needed.
   • Purchase Agreement: Sign a sale and purchase agreement, followed by the transfer of ownership.

Key Neighborhoods to Consider

• Klojen: Central area with easy access to amenities, popular among expatriates.
• Lowokwaru: Known for its educational institutions and family-friendly environment.
• Blimbing: Offers a mix of residential and commercial spaces, with a vibrant local culture.
• Sukun: More affordable options, suitable for students and young professionals.

Amenities Typically Offered

• Basic Amenities: Wi-Fi, water supply, electricity, and parking.
• Common Facilities: Swimming pools, gyms, gardens, and security services.
• Furnishing: Some apartments come fully furnished, while others may be semi-furnished or unfurnished.

Cultural and Local Considerations

• Local Customs: Respect local traditions and norms, especially regarding communal living and interactions with neighbors.
• Language: Bahasa Indonesia is the primary language; learning basic phrases can enhance communication.
• Community Engagement: Participate in local events or community gatherings to build relationships and integrate into the community.
• Cost of Living: Generally lower than in larger Indonesian cities, but prices can vary significantly based on location and amenities.

This structured overview provides essential insights for navigating the housing market in Malang, ensuring a smoother transition for newcomers.