Kota Kinabalu

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Types of Housing

Sections

Types of Housing in Kota Kinabalu

  1. Apartments and Condominiums

    • Description: These are popular choices for both locals and expatriates. They range from basic apartments to luxury condominiums with amenities like swimming pools, gyms, and security.
    • Typical Costs:
      • Rent: RM 1,200 to RM 3,500 per month, depending on location and amenities.
      • Purchase: RM 300,000 to RM 1.5 million, depending on size and location.
    • Local Considerations: Many expatriates prefer areas like Likas, Tanjung Aru, and the city center for their proximity to amenities and services.

  2. Terraced Houses

    • Description: These are row houses that are common in suburban areas. They usually have two to three bedrooms and a small garden.
    • Typical Costs:
      • Rent: RM 1,500 to RM 2,500 per month.
      • Purchase: RM 400,000 to RM 800,000.
    • Local Considerations: Ideal for families, these homes are often located in quieter neighborhoods with schools and parks nearby.

  3. Semi-Detached and Detached Houses

    • Description: These are larger homes that offer more privacy and space. Semi-detached homes share one wall with another house, while detached homes stand alone.
    • Typical Costs:
      • Rent: RM 2,500 to RM 5,000 per month.
      • Purchase: RM 800,000 to RM 2 million.
    • Local Considerations: These homes are often found in suburban areas and are favored by families looking for more space.

  4. Bungalows

    • Description: Single-story homes that are spacious and often come with large gardens.
    • Typical Costs:
      • Rent: RM 3,000 to RM 6,000 per month.
      • Purchase: RM 1 million to RM 3 million.
    • Local Considerations: Bungalows are typically located in upscale neighborhoods and are sought after for their privacy and space.

  5. Shared Accommodation

    • Description: Renting a room in a shared house or apartment is common among students and young professionals.
    • Typical Costs: RM 500 to RM 1,200 per month, depending on the location and amenities.
    • Local Considerations: This option is budget-friendly and allows for social interaction, often found in areas near universities or business districts.

Rental and Purchase Procedures

Renting

  1. Finding a Property: Use local real estate websites, social media groups, or engage a local real estate agent.
  2. Viewing: Schedule viewings to inspect the property.
  3. Documentation: Prepare necessary documents, including identification, proof of income, and references.
  4. Lease Agreement: Review and sign a lease agreement, typically for a duration of 1 year.
  5. Deposit: Pay a security deposit (usually one monthโ€™s rent) and the first monthโ€™s rent upfront.

Purchasing

  1. Finding a Property: Similar to renting, use real estate websites or agents.
  2. Financing: If needed, secure financing through local banks, which may require a down payment of 10-20%.
  3. Offer and Negotiation: Make an offer and negotiate terms with the seller.
  4. Sale and Purchase Agreement: Once agreed, sign a Sale and Purchase Agreement (SPA).
  5. Transfer of Ownership: Complete the transfer of ownership through the Land Office, which may involve additional fees and taxes.

Local Considerations and Cultural Factors

  • Cultural Norms: Respect local customs and practices. For example, itโ€™s common to remove shoes when entering a home.
  • Language: While Malay is the official language, English is widely spoken, especially in urban areas.
  • Community Living: Many neighborhoods have a strong sense of community. Engaging with neighbors can be beneficial.
  • Utilities and Maintenance: Ensure to clarify who is responsible for utilities and maintenance in rental agreements.
  • Safety and Security: Research the safety of neighborhoods, as some areas may have higher crime rates than others.

Conclusion

Kota Kinabalu offers a diverse range of housing options suitable for various budgets and lifestyles. Whether you are looking to rent or purchase, understanding the local market and procedures will help you find the right accommodation. Always consider local customs and community dynamics to ensure a smooth transition into your new home.