Negotiator ∙ United
Vincent Chong
REN71023Negotiator ∙ United
Vincent Chong
REN71023About Vincent Chong
Leveraging market knowledge and negotiation skills to deliver exceptional results. Your real estate success is my priority. Ready to make your real estate dreams a reality? Let's chat. Your dream home awaits.
3 years at IQI
32 transactions
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Discover the real estate properties in and around Ipoh, Malaysia. Buy apartment units, landed houses, bungalows, commercial office space, shop lots, and sub-sales with 100% confidence at IQI Global.
Northern TechValley @BKE
Mukim 14, Kubang Semang, 14400 Seberang Perai, Penang, Malaysia
Starting from ₩ 5,241,323,461
Listed on January 23, 2026
Taman IKS Bukit Minyak
Jalan IKS Bukit Minyak Utama, Taman IKS Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia.
Starting from ₩ 435,272,773
Listed on January 23, 2026
Regalway Industrial Hub (Industrial)
Regalway Industrial Hub, Off Jalan Bukit Panchor, Bukit Panchor, 14100 Simpang Ampat, Penang, Malaysia.
Starting from ₩ 1,813,335,235
Listed on January 23, 2026
Taman Jasa Ria (Garden Villa)
Jalan Permatang Pasir, Taman Jasa Ria, 14000 Bukit Mertajam, Penang, Malaysia
Starting from ₩ 404,538,277
Listed on January 23, 2026
Taman Jasa Intan (Garden Superlink)
Jalan Jasa Intan, Taman Jasa Intan, 14000 Bukit Mertajam, Penang, Malaysia
Starting from ₩ 295,774,321
Listed on January 23, 2026
Taman Fajar Permai (Sunrise Terrace)
Jalan Fajar, Taman Fajar Permai, 14300 Nibong Tebal, Penang, Malaysia.
Starting from ₩ 198,870,265
Listed on January 23, 2026
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Malaysia’s rapid data centre expansion has raised concerns over whether large-scale developments could reduce land available for housing. With billions of ringgit in investment flowing into Johor, Selangor and other key markets, the question is becoming increasingly relevant for homebuyers, developers and property investors. However, Juwai IQI Co-Founder and Group CEO Kashif Ansari said the impact on housing land remains minimal. He noted that the bigger issue is not land competition itself, but how data centre growth may influence infrastructure, development costs and surrounding property demand. How Much Land Do Data Centres Actually Use? Less than many may expect. Between 2021 and mid-2025, Malaysia approved 143 data centre projects covering an estimated 14,300 acres. While the figure appears substantial, it represents only about 0.02% of the country’s total land area, suggesting that the direct impact on land available for housing remains limited. Malaysia is not facing a land shortage. There are still more than 32,000 completed homes unsold. Future planning should focus on ensuring electricity and water supply capacity is reserved for housing and public infrastructure before being allocated to other sectors, including data centres. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI Crucially, Malaysian planning law already separates data centres from housing. Data centres can only be built on land zoned as commercial or industrial. They cannot be built on land zoned for residential development. So in a regulatory sense, data centres and housing projects are not competing for the same plots. Where the Real Competition Happens The actual tussle is over agricultural land that has not yet been converted. Data centre operators offer up to RM140 per sq ft, far above what typical industrial buyers pay. MetricPrice (per sq ft)Average industrial land price in Johor (previous)RM79Average industrial land price in Johor (latest)RM86Data centre transaction rangeRM114 to RM160Maximum data centre buyer willingnessUp to RM140 Source: Kashif Ansari / Juwai IQI, as reported by Utusan Malaysia, 17 July 2026. However, this does not mean housing developers lose out. In one notable case, Paragon Globe sold 113 acres in Tanjung Kupang and Plentong to data centre operators for RM636 million, then used that capital to fund housing projects, infrastructure, and debt reduction. The data centre sale gave the developer more resources to build homes, not fewer. Interested in Johor's market right now? See the latest Johor property price data. No Housing Shortage, but Construction Costs Need Watching Malaysia is not facing a shortage of homes. As of Q1 2026, more than 32,000 completed residential units remained unsold, along with over 19,000 serviced apartments. The bigger concern is rising construction costs. The rapid growth of data centres is increasing demand for skilled workers, particularly mechanical, electrical and plumbing specialists. As data centres and housing projects compete for the same talent, labour costs may rise and place additional pressure on future residential development costs. Although each data centre looks large, the actual land footprint is very small compared to the country's total area. This is not a national land shortage issue. It only affects a few strategic locations that are investment hotspots, particularly in Johor. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI What This Means for Buyers and Investors House prices in Johor rose by 5.7% last year, but the increase was mainly driven by the RTS Link, the Johor-Singapore Special Economic Zone and broader state economic growth, rather than data centre development. So far, there is no study proving that data centres have directly pushed up house prices in Johor. For homebuyers, residential zoning protections remain in place, and housing supply is not currently at risk. Our complete 2026 homebuying guide covers the key information you need, from financing to purchasing costs. For investors, Malaysia’s data centre capacity is expected to more than double to 2,055MW by the end of 2026, with a further 3,500MW planned. This could support more jobs, stronger economic activity and continued housing demand in key data centre corridors such as Johor. Explore the JS-SEZ investment opportunity and the latest new housing developments in Johor to see where the market momentum is heading. Juwai IQI Co-Founder and Group CEO Kashif Ansari’s insights on Malaysia’s data centre expansion and its impact on the housing sector were featured in Utusan Malaysia. Juwai IQI provides expert insights into the property, economic and investment trends shaping markets locally and globally. Click below to get more expert property insights from our blog! MORE INSIGHTS
Higher diesel prices are one of the hidden costs most homebuyers rarely consider. But they can have a real impact on construction costs and, eventually, property prices. The ongoing conflict in West Asia has been pushing up fuel expenses across Malaysia’s construction sector, adding billions of ringgit to the industry’s overall bill. While the additional cost per home may appear relatively small, the combined effect across thousands of projects matters, especially for buyers and investors watching where property prices are heading in 2026. Here is what the numbers reveal, which government measures are already helping, and how several targeted policy adjustments could further reduce pressure on developers, contractors and future homebuyers. How Much Is the West Asia Conflict Costing Malaysia's Construction Sector? Juwai IQI Co-Founder and Group CEO Kashif Ansari estimates that the West Asia conflict could add RM1.1 billion to Malaysia’s construction industry diesel bill in 2026, based on the sharp rise in average fuel prices since the turmoil began. According to the Department of Statistics Malaysia (DOSM), diesel was priced at RM3.04 per litre in the week of 26 February 2026, before the conflict escalated. Over the following 20 weeks, the average price climbed to RM4.80 per litre, representing an increase of 57.7%. Diesel prices peaked at RM6.72 per litre during the week of 9 April 2026, more than double the pre-conflict level. The conflict had dragged on and occasionally flared up, with no permanent settlement yet reached. The higher diesel costs work out to an average of about RM2,000 per new home. That adds a cost the industry can manage, to a sector the country relies on for affordable housing. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI Where Does All That Diesel Go? Malaysia’s construction sector uses an estimated 1.4 billion litres of diesel each year. However, not all of it is purchased at market price. Under the SKDS fleet-card system, eligible commercial vehicles such as lorries and trucks can still buy diesel at RM2.15 per litre. Off-road machinery, including excavators, cranes, piling rigs and generators, does not qualify and must pay the full market price. Kashif estimates that around half of the sector’s diesel use, or about 740 million litres, falls into this unsubsidised category. Applying the 57.7% average price increase to this volume for the remainder of 2026 produces the RM1.1 billion estimate, equivalent to roughly RM25 million in additional costs each week. Diesel Cost Breakdown at a Glance MetricFigurePre-conflict diesel price (DOSM, 26 Feb 2026)RM3.04/litreAverage diesel price since conflict began (20 weeks)RM4.80/litrePrice increase57.7%Peak diesel price (week of 9 April 2026)RM6.72/litreAnnual construction diesel usage~1.4 billion litresEstimated unsubsidised portion~740 million litresProjected extra cost for 2026~RM1.1 billionExtra cost per week~RM25 million Source: Juwai IQI analysis based on DOSM weekly fuel price data. What the Government Is Already Doing Right Under the SKDS fleet-card system, eligible commercial vehicles still buy diesel at RM2.15 per litre. That is a meaningful buffer for the construction industry's on-road fleet. The gap is in what the system does not yet cover. The government could build on that success by adding ready-mixed concrete trucks, concrete mixer trucks and cranes to the subsidised fleet-card scheme. These vehicles are all vital to construction and are big users of diesel. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI 3 Targeted Fixes That Could Help Keep Housing Affordable Kashif proposed three practical measures to help the construction sector manage higher diesel costs without passing them on to homebuyers. Expand the SKDS fleet-card schemeInclude ready-mixed concrete trucks, mixer trucks and cranes in the subsidised diesel programme. These vehicles are essential to construction and consume significant amounts of fuel. Increase diesel quotas for rural contractorsProjects in rural and interior areas require longer travel distances and higher fuel use. Larger quotas would help prevent these projects from facing disproportionate cost increases. Improve subsidy registrationEnsure all eligible construction vehicles are properly registered under SKDS. Closing this administrative gap could reduce costs without requiring major policy changes. These targeted adjustments would strengthen the current subsidy system, reduce short-term pressure on contractors and help limit additional costs for homebuyers. Worried about how rising costs affect the true price of buying a home? See the full breakdown of what a house in Malaysia really costs. What This Means for Homebuyers and Property Investors Should buyers be worried? Not yet, but the trend is worth watching. An estimated RM2,000 increase per new home is manageable compared with the wider costs of buying a property. However, the concern is not the current amount alone. If the conflict continues, higher diesel prices could increase transport, cement, steel and logistics costs across the construction supply chain. For new-launch buyers, existing SPA prices are unlikely to change, but developers may adjust prices for future phases and upcoming projects. If you are planning to buy, the complete 2026 buying guide covers everything from financing to stamp duty. For subsale buyers, the effect is more indirect. Resale prices depend mainly on location and demand. However, if new launches become more expensive, more buyers may turn to the subsale market, adding further pressure to prices. KL subsale prices have already crossed RM1 million on average. For property investors, higher construction costs could slow new supply. Fewer project launches and completions may tighten inventory over time, supporting rental demand and capital appreciation. Juwai IQI's 2026 market forecast already flagged declining construction starts and a tighter market ahead. First-time buyers should also continue exploring Malaysia’s affordable housing programmes and government schemes for B40 and M40 households, which can help reduce the financial burden of entering the market. The Bigger Picture: A Manageable Challenge Malaysia’s economy grew by 5.8% in Q2 2026, while construction remains central to the country’s development and affordable housing goals. This gives the government a strong reason to keep projects moving and prevent costs from rising unnecessarily. The positive takeaway is that the subsidy system already supports much of the construction fleet. Extending protection to off-road machinery and rural contractors could help close the remaining gaps and absorb more of the cost pressure. For homebuyers, the market fundamentals remain stable. Malaysia is still relatively accessible, particularly below RM500,000, where seven in ten property transactions take place. Understanding key financial terms and checking your loan eligibility early can help you stay prepared despite rising construction costs. Juwai IQI Co-Founder and Group CEO Kashif Ansari’s analysis of rising diesel costs and their impact on Malaysia’s construction sector was featured in The Star. Juwai IQI is the world-renowned property company that provides insights on property, locally and globally. Click below to get more expert property insights from our blog! MORE INSIGHTS
Your house has been listed for weeks, maybe even months. Viewings are coming in, but no one is making an offer. Here is the reality. The average subsale property in Malaysia takes 3 to 6 months to find a buyer. Some take over a year. The longer your house stays unsold, the more buyers may start to wonder whether there is something wrong with the price, condition, or location. The good news is that you can improve your chances of selling sooner. Whether you are relocating, upgrading, or ready to cash out, these 10 practical tips can help you attract serious buyers, shorten the selling process, and secure a price closer to your expectations. Key Takeaways Price your home based on recent transactions in the area, not personal expectations. Improve first impressions by decluttering, repainting, fixing defects and using professional photos. Hire a registered REN or REA and prepare all property, loan and payment documents early. Check your RPGT position and choose the right time to sell before listing. Increase exposure by listing on multiple platforms and offering flexible evening or weekend viewings. Table of contentsHow to Price Your House Right and Negotiate Like a ProHow to Prepare, Photograph and Market Your House to Attract More BuyersHow to Choose the Right Agent, Manage Viewings and Prepare Your DocumentsWhat Sellers Should Know About RPGT, Costs and TimingFAQs How to Price Your House Right and Negotiate Like a Pro Pricing is the most important decision you will make when selling your home. Set the price too high, and even professional photos, proper staging and a good agent may struggle to attract serious buyers. Properties priced within 5% of their true market value sell significantly faster than overpriced ones. Step 1: Price with Data, Not Emotion Most sellers set their price based on what they originally paid, how much they spent on renovations or what their neighbour claims to have sold for. Buyers look at it differently. They compare your home with similar properties currently available and decide quickly whether the price makes sense. To set a realistic asking price: Check recent transacted prices, not just asking prices, for similar homes in your area. You can refer to NAPIC's data or review the latest Malaysian subsale price trends for context on where the market is heading. Get a professional valuation. A licensed valuer can provide a formal estimate based on your property type, condition and location. Ask your property agent for a Comparative Market Analysis (CMA). This compares your home with nearby properties that were recently sold or are currently listed. Avoid setting a high price simply to create room for negotiation. An overpriced property rarely attracts more bargaining. It usually attracts fewer enquiries, stays on the market longer and makes buyers wonder what is wrong with it. Local Expert Insight The number one reason a property sits unsold in Malaysia is not location or condition. It is price. Sellers who rely on emotion instead of data almost always end up accepting less than they would have if they had priced it right from the start. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI Step 2: Negotiate Strategically, Not Emotionally In Malaysia, buyers typically offer 5% to 10% below the asking price as a starting position. Knowing this helps you plan your negotiation range while keeping your target selling price in mind. Use these principles during negotiations: Respond to every offer. Even a low offer shows that the buyer is interested. Instead of rejecting it immediately, make a counteroffer and keep the conversation moving. Know your minimum price. Decide the lowest amount you are willing to accept before negotiations begin. Include your outstanding loan balance and interest, RPGT, agent commission and legal fees in the calculation. Offer non-price incentives. Rather than reducing the price further, consider including air conditioners, kitchen cabinets, curtains or other fixtures. These items may feel valuable to the buyer without costing you as much as a larger price reduction. Secure the earnest deposit quickly. Once both parties agree on the price and terms, sign the Letter of Offer and collect the earnest deposit, which is commonly around 2% to 3% of the selling price. After the offer is accepted, your property agent and lawyer will manage the Sale and Purchase Agreement, financing documents and ownership transfer. The process from an accepted offer to completion commonly takes around 3 to 4 months. If you are selling to upgrade, our complete guide to buying a house in Malaysia covers the buyer side of the process. How to Prepare, Photograph and Market Your House to Attract More Buyers A property listing can lose buyer interest before anyone schedules a viewing. The most common reasons are poor presentation, unattractive photos and limited marketing exposure. Improve these three areas, and your house will already stand out from many other listings in Malaysia. Step 3: Prepare Your House Before Taking Photos You do not need a full renovation. You need the house to feel clean, bright, and move-in ready. First impressions happen online before the buyer ever steps through your door. Focus on these affordable, high-impact improvements: Declutter every room. Remove unnecessary furniture, personal photos and bulky items that make the space feel smaller. Repaint in neutral colours. White, off-white or light grey can make rooms look cleaner, brighter and easier for buyers to imagine as their own. Repair visible defects. Fix leaking taps, cracked tiles, stained ceilings, broken switches and other obvious problems. Buyers may assume that visible defects are signs of larger maintenance issues. Deep clean the property. Pay close attention to floors, windows, bathrooms, kitchen surfaces and grout. A clean home feels better maintained and more valuable. Bring in more natural light. Open curtains and blinds before taking photos or conducting viewings. Replace dim bulbs where necessary to brighten darker rooms. Think of it this way: you are not decorating for yourself. You are preparing a product for market. Agent Observation: In the Malaysian market, the three things buyers notice first during a viewing are the smell, the bathroom condition, and whether the kitchen has been updated. A house can have a beautiful living room, but if the bathroom grout is mouldy or the kitchen cabinets are peeling, the buyer mentally writes it off within the first 60 seconds. A RM1,500 bathroom refresh and a fresh set of cabinet handles can shift a buyer's entire impression of the property. Step 4: Use Professional Property Photos Your listing photos are often the first thing buyers notice. Dark, blurry or poorly framed images can make a good property look less appealing and reduce the number of enquiries. A professional property photographer in Malaysia may charge around RM300 to RM800 per session, although some agents include photography in their service package. What makes professional photos different: Wide-angle lenses to show the room clearly without making it look distorted. Proper lighting to highlight the property’s strongest features. Better composition to make each space look balanced and inviting. Careful editing to improve brightness, colour and exposure without misleading buyers. You can also consider a short video walkthrough or virtual tour. These formats are especially useful for investors, overseas buyers or anyone who cannot attend a viewing easily. Market Insight: Many Malaysian buyers now shortlist properties online before arranging a viewing. They review photos, floor plans, location and rental potential before contacting an agent. Listings with clear visuals, complete information and video walkthroughs are more likely to attract serious enquiries, especially from out-of-state investors. Step 5: Write a Listing That Actually Sells Many property listings in Malaysia use the same vague phrases, such as “strategic location”, “well maintained” and “near amenities”. These descriptions do not tell buyers what makes your property worth viewing. A strong listing should answer three questions immediately: Where is the property, what does it offer and why should the buyer care? Include these key details: Headline: State the property type, location and strongest selling point.Example: Renovated 2-Storey Terrace in Bangsar South, Near LRT, 1,400 sq ft. Opening line: Lead with the most attractive feature.Example: Five minutes from Mid Valley, with a renovated kitchen and move-in-ready condition. Property details: Include the built-up size, land size, bedrooms, bathrooms, floor level, parking spaces and tenure (freehold or leasehold). Nearby amenities: Name specific schools, stations, malls or hospitals instead of simply saying “near amenities”. Price and terms: Clearly state the asking price, whether it is negotiable and any relevant sale conditions. The more useful information you provide upfront, the easier it is for serious buyers to shortlist your property and make an enquiry. Step 6: Market Your Property Across Multiple Platforms Listing your property on only one platform limits its reach. To sell faster, make sure your home appears wherever potential buyers are searching. Use a mix of these channels: Property portals: Ask an IQI agent to market your home across IQI’s property network and other relevant channels to reach more serious buyers. Social media: Share the listing on Facebook Marketplace, local property groups, Instagram and TikTok. Video content: Post short walkthroughs to help buyers understand the layout and condition quickly. Agent networks: Ask your agent to share the property with other agents through co-broking and WhatsApp groups. Greater exposure brings more enquiries and increases your chances of receiving an offer sooner. Ask your agent to show you exactly where and how your property is being marketed. Agent Observation: A major benefit of working with a large agency is access to its co-broke network. When an IQI agent shares your listing internally, thousands of other agents can match it with buyers in their own networks. This wider exposure can help your property reach the right buyer faster, including buyers from other branches or countries. How to Choose the Right Agent, Manage Viewings and Prepare Your Documents A good agent, smooth viewings and complete paperwork can significantly speed up your sale. When these areas are handled properly, there is less risk of delays, misunderstandings or buyers walking away. Step 7: Hire the Right Property Agent A good property agent does more than publish your listing. They help you set the right price, market the property, screen potential buyers, manage negotiations and coordinate the sale process. Look for these qualities: Valid registration: Confirm that the agent holds a valid REN REN (Real Estate Negotiator) or REA (Real Estate Agent) tag issued by BOVAEP. Ask to see their tag number. Local experience: Choose someone who understands recent transactions, buyer demand and competing listings in your area. Clear marketing plan: Ask which property platforms, social media channels, videos and agent networks they will use. Regular communication: Your agent should provide updates on enquiries, viewings and buyer feedback throughout the sale. How Much Does a Property Agent Charge? For residential property sales, agent fees are generally between 2% and 3% of the selling price, with applicable SST charged separately. For example, if your house sells for RM600,000 at a 3% commission: Agent fee: RM18,000 SST at 8%: RM1,440 Total: RM19,440 The fee may seem high, but the cheapest option is not always the best. A skilled agent who attracts serious buyers, negotiates effectively and completes the sale faster may help you achieve a better overall result than selling the property alone. Want to understand how commission splits actually work? Read our guide to property agent commission in Malaysia. Selling With an Agent vs. Selling on Your Own FactorWith a Registered AgentSelling on Your Own (FSBO)Average time to sell3 to 4 months6 to 12+ monthsCommission cost2% to 3% + 8% SSTRM0Marketing reachMultiple portals, agent network, co-brokeLimited to DIY listings and personal contactsBuyer screeningAgent filters serious vs. casual enquiriesYou handle all enquiries yourselfNegotiationProfessional, emotionally detachedEmotionally involved, harder to stay objectiveLegal coordinationAgent liaises with lawyers and bankYou coordinate everything yourselfBest forSellers who want speed and convenienceExperienced sellers with time and connections Local Expert Insight Sellers often ask me whether they should pay for an agent or try to sell on their own. My answer is always the same: your time has a cost. Every month your property sits unsold, you are paying mortgage interest, maintenance fees, and opportunity cost on the capital locked inside that house. A good agent does not just find a buyer. They find the right buyer, at the right price, in the shortest time possible. That is worth far more than 3%. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI Step 8: Be Flexible and Strategic with Viewings The most serious buyers are the ones who can only view on evenings and weekends. f you restrict viewings to weekday afternoons, you may reduce your chances of reaching the right buyer. Keep the house clean and ready to show throughout the listing period. Let your agent lead the viewing so buyers feel comfortable asking questions. Understanding what first-time buyers wish they knew can help you anticipate their concerns. Keep pets away during viewings, especially if buyers have allergies or feel uneasy around animals. Inform the guardhouse in advance if the property is in a gated community. You can also consider an open house, where several buyers view the property within the same time slot. This can create more interest and encourage buyers to make an offer sooner. Step 9: Prepare Your Documents Before Listing Missing paperwork can delay the sale or cause a buyer to pull out. Prepare the key documents before you begin marketing the property. Title deed (individual title, strata title, or master title with deed of assignment). Copy of your IC (identity card). Latest quit rent and assessment receipts (to prove no arrears). Loan redemption statement from your bank, if you still have a mortgage. Request this early because banks can take 2 to 4 weeks to process. Existing SPA (Sale and Purchase Agreement) from when you bought the property. Renovation receipts (to reduce your RPGT chargeable gain). Maintenance fee statements (for strata properties, to show no outstanding charges). Utility bills (to confirm property address and account status). Having these documents sorted tells buyers and their lawyers you are a serious, organised seller. It builds confidence and speeds up the conveyancing process. Ready to sell your property? Connect with an IQI property expert for advice on pricing, marketing and reaching the right buyers, with no obligation to get started. Explore Property Opportunities What Sellers Should Know About RPGT, Costs and Timing Selling a house is not just about finding a buyer. You also need to understand the costs involved, the tax you may need to pay and how much you will actually receive after the sale. Step 10: Time Your Sale Around RPGT Real Property Gains Tax, or RPGT, is charged on the profit from selling a property. The rate depends on how long you have owned it, so choosing the right time to sell may help reduce your tax costs. RPGT Rates for Malaysian Citizens and Permanent Residents (2026) Holding PeriodRPGT RateWithin 3 years30%Year 420%Year 515%Year 6 onwards0% Source: Lembaga Hasil Dalam Negeri Malaysia (LHDN). Rates as of 2026 assessment year. Worked Example: How Waiting Six Months Could Save RM29,700 Ahmad, a Malaysian citizen, bought a condominium in Petaling Jaya for RM400,000 in September 2021. He plans to sell it for RM650,000 in March 2026, during his fifth year of ownership. Assuming he has RM30,000 in qualifying legal fees, agent fees and property improvement costs: Selling price: RM650,000 Less purchase price: RM400,000 Less allowable expenses: RM30,000 Gain before exemption: RM220,000 Individual exemption at 10%: RM22,000 Chargeable gain: RM198,000 RPGT at 15%: RM29,700 However, if Ahmad waits until after September 2026, when the property has been held for more than five years, his RPGT rate would generally fall to 0%. In this simplified example, waiting around six months could save him RM29,700. Sellers approaching the five-year ownership mark should check their exact acquisition and disposal dates before accepting an offer. Malaysian citizens also get a once-in-a-lifetime RPGT exemption on the sale of their private residence.This means if this is your primary home and you have never used this exemption before, your entire gain could be tax-free regardless of holding period. Consult LHDN or a tax professional to confirm eligibility. Full Cost Summary for Sellers Before you list, budget for these costs so there are no surprises at closing. Many sellers underestimate the total, so familiarise yourself with the hidden fees that catch most people off guard. Cost ItemTypical AmountAgent commission (calculate yours here)2% to 3% of selling price + 8% SSTLegal fees (seller's solicitor)Based on Solicitors' Remuneration Order (typically RM3,000 to RM8,000)RPGT0% to 30% of chargeable gain (depends on holding period)Loan early settlement / redemptionCheck with your bank (penalty may apply within lock-in period)Outstanding quit rent and assessmentMust be cleared before transferPre-sale repairs and stagingRM500 to RM5,000 (optional but recommended) For a detailed cost breakdown with more worked examples, see our complete guide to fees when selling property in Malaysia. FAQs Do I need to pay RPGT when selling my house? You may need to pay Real Property Gains Tax (RPGT) if you sell your property at a profit. Malaysian citizens and permanent residents generally pay 0% RPGT after holding the property for more than five years, while earlier sales may be taxed at 15% to 30%. A once-in-a-lifetime exemption may also apply when selling a private residence. Can I sell my house without an agent in Malaysia? Yes. You can sell your property directly as a For Sale By Owner, or FSBO. However, you must manage the marketing, buyer enquiries, negotiations and legal process yourself. Without an agent’s network and market experience, the sale may take longer and attract fewer qualified buyers. How much commission does a property agent charge in Malaysia? Property agents may charge up to 3% of the property’s selling price, subject to the agreed agency fee. An 8% service tax may also apply to the commission if the agency is SST-registered. What documents do I need to sell my house in Malaysia? You will generally need your property title, IC, original Sale and Purchase Agreement, latest quit rent and assessment receipts, loan redemption statement, utility bills and maintenance statements for strata properties. Keep receipts for qualifying property improvements, as they may help reduce your RPGT chargeable gain. Should I renovate my house before selling? Usually, a major renovation is unnecessary. Focus on affordable improvements such as repainting in neutral colours, repairing visible defects, decluttering and deep cleaning. These updates can improve first impressions and help attract buyers faster. What is the best time to sell a house in Malaysia? There is no single best month to sell a house in Malaysia. Market demand, pricing and your RPGT holding period matter more than the season. List when buyer demand is healthy, your property is ready and the timing supports your financial goals. Sell with a clearer plan and stronger market exposure. Submit your property details and let an IQI property specialist help you move from listing to closing with confidence. [custom_blog_form] Continue Reading: Stamp Duty Malaysia Increased in 2025! What You Need to Know Everything You Need to Know About the Memorandum of Transfer (MOT) Financial Terms Every Home Buyer in Malaysia Should Know How to Pay Off Your Home Loan Faster Sources: Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP). Estate Agents (Commission) Guidelines. Lembaga Hasil Dalam Negeri Malaysia (LHDN). Real Property Gains Tax (RPGT) Act 1976, Rates for Assessment Year 2026. National Property Information Centre (NAPIC). Property Market Reports. Malaysian Institute of Estate Agents (MIEA). Fee Scale for Sale and Purchase of Land and Buildings.
Moving out of a rental in Malaysia is more than packing boxes and returning the keys. Missing a notice deadline, leaving unpaid utility bills or skipping the final inspection could cost you part, or all, of your rental deposit. Whether you are ending a long-term tenancy or checking out of an Airbnb, this Malaysia moving out checklist walks you through 15 essential steps, from giving notice and settling TNB bills to documenting the property's condition and getting your deposit back. Follow this guide to avoid common mistakes, reduce deposit disputes and move out with confidence. Key Takeaways Give written notice at least two months before moving out, or follow the notice period stated in your tenancy agreement. Settle all TNB, Air Selangor, Indah Water and internet bills before returning the keys Take dated photos of every room and compare them with your move-in condition report. Complete a joint inspection with your landlord and obtain a signed handover acknowledgement. Your deposit should usually be returned within 30 days, with no deductions for normal wear and tear. For Airbnb stays, follow the house rules, return all keys or access cards, remove rubbish and leave the unit in good condition. Table of contentsWhat is a move-out checklist?Why does this matter in Malaysia?15-step moving out checklist for Malaysian tenantsAirbnb checkout checklist MalaysiaHow much does moving out actually cost?What can your landlord deduct from your deposit?FAQs What is a move-out checklist? A move-out checklist is a step-by-step guide that helps tenants leave a rental property or short-term stay properly. It covers everything from giving notice and settling utility bills to cleaning the property, documenting its condition, and getting your security deposit back. In Malaysia, moving out involves a few extra steps that are unique to the local rental process. You may need to transfer or close your TNB (Tenaga Nasional) electricity account, settle your Air Selangor or other state water bills, and understand the common 2+1+0.5 deposit structure: two months' security deposit, one month's advance rental, and half a month's utility deposit. Without a proper checklist, it is easy to overlook a small but important task. Something as simple as an unpaid utility bill, missing meter reading, or lack of photo evidence can delay your deposit refund or result in unnecessary deductions. Why does this matter in Malaysia? Malaysia does not yet have a dedicated Residential Tenancy Act. As of 2026, the proposed RTA is still in final drafting. This means your signed tenancy agreement is your primary legal protection, not a national statute. Tenant rights come from the Contracts Act 1950, the Specific Relief Act 1950, and the Personal Data Protection Act 2010. If your landlord refuses to return your deposit, your main recourse is Small Claims Court (for claims up to RM5,000, no lawyer needed, RM10 filing fee) or the Consumer Claims Tribunal (up to RM25,000 for corporate landlords). In any dispute, documentation matters. Dated photos, meter readings, a signed inspection report and proof of key handover can support your case. This checklist helps you collect the evidence needed before you leave. The whole process to file the claim, the bureaucracy, then going to a tribunal, will take months and does not benefit owner or tenant. Knowing government agencies, it is never easy to get your money back. Datuk Chang Kim Loong, Secretary-General, National Housing Buyers Association (HBA), (source: Malay mail) The same principle applies to tenants: preventing a dispute is easier and cheaper than taking legal action. Follow the checklist below to protect your deposit and reduce the risk of needing to file a claim. Planning your next move? Read the 6 things to remember when renting out a room before signing your next tenancy agreement. 15-step moving out checklist for Malaysian tenants Step 1: Check your tenancy agreement notice period Start by checking the termination clause in your tenancy agreement. Most tenancy agreements in Malaysia require two months’ written notice, although monthly tenancies may only require one month, while longer agreements may require three. Late or verbal notice can put your deposit at risk. Always submit your notice in writing and keep proof that your landlord received it. Step 2: Send written notice to your landlord Send your notice in writing. A WhatsApp message may serve as documentary evidence, but a formal email or printed letter provides a clearer record. Include your name, rental address, intended move-out date and the relevant notice clause in your tenancy agreement. Keep a copy together with the delivery confirmation or read receipt. Step 3: Review your move-in condition report and photos Find your move-in inventory list and any photos taken when you first moved in. If you do not have formal records, check your phone gallery for older photos that may still show the unit's original condition. Your landlord may compare the property's move-out condition with how it looked at the start of the tenancy. Existing damage should not be charged to you. But without evidence, it may be difficult to prove. Step 4: Settle your TNB electricity account If the TNB account is under your name, close it or transfer it back to the landlord before moving out. To do this: Log in to myTNB or visit a Kedai Tenaga. Request an account closure or Change of Tenancy. Take a dated photo of the final meter reading. Settle the outstanding bill. Apply for a refund of your TNB deposit after any unpaid charges are deducted. Keep the deposit refund receipt with your tenancy file. The TNB deposit is separate from your rental security deposit and is refunded directly by TNB, not your landlord. Step 5: Settle your water account (Air Selangor / state provider) The same applies to your water account. In the Klang Valley, this is managed by Air Selangor, while Johor residents deal with SAJ. Other states have their own water providers. Take a dated photo of the final meter reading, request the final bill and settle any outstanding amount. If the account is under the landlord’s name, keep proof of payment to prevent the charge from being deducted from your utility deposit. Step 6: Close or transfer your internet and Astro Contact your internet provider, such as Unifi, Maxis or TIME, to terminate or relocate your service. Most providers require at least 30 days’ notice. Check your contract for early termination fees and return any rented equipment, including routers or set-top boxes, to avoid extra charges. Astro subscriptions must be cancelled or transferred separately. Step 7: Settle Indah Water sewerage charges Indah Water bills are easy to miss because they are not issued as often as electricity or water bills. Before moving out, check your Indah Water account and settle any outstanding sewerage charges. Keep the payment receipt as proof. If the bill remains unpaid, your landlord may deduct the amount from your utility deposit, depending on the terms of your tenancy agreement. Step 8: Cancel or redirect your mail Arrange mail forwarding with Pos Malaysia if you are expecting important letters after moving out. Remember to update your address with your bank, insurance provider, EPF and subscription services. It is a small step, but missing government letters, financial statements or account notices can create bigger problems later. Step 9: Deep clean the unit Cleaning costs are the single most common deposit deduction in Malaysian rentals. The goal is to return the unit to its move-in condition, allowing for normal wear and tear. Focus on the areas landlords are most likely to inspect: Kitchen: Clean the stove, hood, countertops, sink and cabinets. Bathrooms: Scrub the tiles, grout, toilet, shower screen and mirrors. Floors: Mop hard flooring and vacuum carpets. Windows: Wipe the glass and clean the window tracks. Air conditioners: Wash or replace the filters. If you rent a condo, this also helps avoid issues flagged during building management inspections. Ceiling fans: Remove dust from the blades. Professional move-out cleaning usually costs around RM150 to RM400, depending on the unit size and condition. If the property needs a deep clean, hiring a cleaner may cost less than the amount your landlord could deduct from your deposit. Sub-RM2,500 leases accounted for nearly nine out of 10 transactions in our data. It is the entry-level affordable tier of properties that accounts for the greatest number of leases." Kashif Ansari, Co-Founder and Group CEO, Juwai IQI (source: The Star, July 2025) Step 10: Repair minor damage (and leave the rest) Handle minor repairs before the final inspection. Fill small nail holes, replace blown light bulbs and tighten loose handles. These fixes cost very little but may lead to larger deposit deductions if left unattended. For more serious damage, be honest with your landlord instead of trying to hide it. Discuss the repair cost early and agree on a fair amount. In most cases, this is cheaper than letting the landlord arrange their own contractor after the inspection. Step 11: Take dated move-out photos (room by room) This is one of the most important steps in your move-out checklist. Before the joint inspection, take clear photos of every room, wall, floor, appliance, fixture and meter reading. Make sure the date and time are saved in the photo metadata. Capture wide shots of each room, then take close-ups of anything that could be disputed, such as stains, scuff marks, chipped tiles or appliance damage. If the issue was already there when you moved in, compare it with your original move-in photos. These photos can protect your rental deposit if a dispute arises. Without clear evidence, it may come down to your word against the landlord’s. Step 12: Do a joint inspection walkthrough with your landlord Arrange a joint inspection with your landlord on or before your move-out date. Walk through the property together, compare its condition with the inventory list and discuss any issues on the spot. If damage is identified, agree on a fair deduction and record it in writing before handing over the keys. If your landlord is unable or unwilling to attend, carry out your own inspection. Take clear photos of the entire property and send them by email or WhatsApp, requesting confirmation of receipt. This creates a documented record if any dispute arises later. Step 13: Hand over all keys and access cards Return every key, access card, parking pass and remote control provided at the start of the tenancy. Ask the landlord to sign a handover acknowledgement that lists each item returned and the date. Missing items may lead to replacement charges, often around RM50 to RM200 depending on whether it is a standard key or security access device. Check your tenancy agreement for the exact fee. Step 14: Provide your bank details for the deposit refund Provide your landlord with your bank name, account holder’s name and account number in writing. This gives them everything needed to process your rental deposit refund without delay. Check your tenancy agreement for the refund timeline. Many agreements state that the security deposit should be returned within 30 days after you move out, subject to any agreed deductions. The utility deposit may take longer because the final TNB and water bills can take one or two billing cycles to be issued. Step 15: Follow up on your deposit refund If 30 days have passed without a refund or an itemised list of deductions, follow up with your landlord in writing. Ask for a clear explanation and supporting receipts for any amount withheld. If the landlord still refuses to return your deposit without a valid reason, you may consider: Small Claims Court: For claims up to RM5,000, generally without a lawyer. Consumer Claims Tribunal: For eligible claims up to RM25,000, including certain disputes involving corporate landlords. Looking for your next rental or ready to buy? Moving out is a chance to rethink what you really need. An IQI property advisor can help you compare renting versus buying based on your budget, timeline, and goals. Free, no pressure. Explore Property Opportunities Airbnb checkout checklist Malaysia Short-term stays have a different set of rules. If you are checking out of an Airbnb, homestay, or serviced apartment in Malaysia, your checklist is shorter but just as important for avoiding damage charges. Read the host's checkout instructions. These appear in your Airbnb app under the Arrival Guide. Most hosts list specific tasks: strip the beds, start the dishwasher, take out rubbish, lock the doors. Check out by the stated time. Late checkout delays the cleaning crew and the next guest's check-in. If you need extra time, message the host in advance. Take out all rubbish. Separate recyclables if the building requires it. In Malaysian condos, take rubbish to the designated bin area on your floor, not the lobby. Return keys, access cards, and remotes. Follow the host's instruction for key return (lockbox, reception desk, or hand-off). Unreturned keys can result in a damage claim. Check for personal belongings. Look under beds, behind bathroom doors, and in drawers. Hosts are not obligated to post lost items back to you. Leave the unit as you found it. You do not need to deep clean, but leaving the place in a reasonable state protects you from a cleaning fee claim. Wash any dishes you used, wipe kitchen surfaces, and leave furniture where it was. Document the condition. Take a few quick photos of the unit before you leave. If the host files a damage claim, these are your defence. Airbnb's Resolution Centre requires evidence from both sides. Under Airbnb's voluntary Code of Conduct for Malaysia, hosts are expected to maintain safety standards and register guests under the Registration of Guests Act 1965. As a guest, your main obligation is to follow house rules and leave the property in good condition. Considering the rent-versus-buy question after your tenancy ends? Compare the real numbers in our renting forever or buying a house guide. How much does moving out actually cost? Most tenants focus on getting their security deposit back but overlook the costs of moving out. Planning ahead can help you avoid unexpected expenses and keep your moving budget under control. Here is a realistic breakdown of tenant-side move-out costs in Malaysia. Cost itemEstimated rangeNotesProfessional cleaningRM150 to RM400Standard unit. Deep clean for heavily soiled units costs more.Minor repairs (nail holes, bulbs)RM30 to RM100DIY putty and light bulbs.Key replacement (if lost)RM50 to RM200 per keySecurity fobs and access cards cost more than standard keys.Moving companyRM300 to RM1,500Depends on distance, volume, and floor access (no lift costs more).Early termination penaltyForfeiture of 2-month deposit + possible remaining rentOnly if you break the tenancy agreement before the term ends.TNB final billVariesSettled from your TNB deposit. Refund of excess returned to you.Internet early terminationRM0 to RM500+Depends on provider and remaining contract period. Rental vs Airbnb: move-out comparison FactorRental tenancyAirbnb / short-term stayNotice period1 to 3 months (per tenancy agreement)None (fixed checkout date)Deposit structure2 months security + 0.5 month utility + 1 month advanceNo deposit (damage covered by Airbnb's Resolution Centre)Utility settlementTenant settles TNB, water, Indah Water, internetIncluded in nightly rateCleaning expectationReturn unit to move-in conditionReasonable tidiness (host arranges professional cleaning)InspectionJoint walkthrough recommendedHost inspects after checkoutKey returnSigned handover acknowledgementPer host instructions (lockbox, reception)Dispute processSmall Claims Court (up to RM5,000)Airbnb Resolution CentreLegal frameworkContracts Act 1950, tenancy agreementAirbnb Terms of Service, Registration of Guests Act 1965 What can your landlord deduct from your deposit? This is the part every tenant should understand before handing back the keys. A landlord should not deduct money from your rental deposit for normal wear and tear, such as minor wall scuffs, faded paint or carpet wear caused by everyday use. Reasonable deductions may include: Damage beyond normal wear and tear, such as wall holes, broken fixtures or badly stained carpets Unpaid rent Outstanding utility bills, where allowed under the tenancy agreement Missing items listed in the original inventory Unreturned keys, access cards or remote controls Any deduction should come with a clear breakdown and supporting evidence, such as photos, receipts or repair invoices. A vague charge like “RM500 for general repairs” without explanation may be difficult to justify. If you disagree with a deduction, ask for the reason and evidence in writing. Where there is no proven breach of the tenancy agreement, you may consider filing a claim through the Small Claims Court for amounts up to RM5,000. Thinking about buying instead of renting next time? Start with the real cost of buying a house in Malaysia to see the full picture. Local Expert Insight Juwai IQI own rental data shows that Malaysia’s rental market has become more stable, with average rents across major price segments moving by no more than 1.5% year on year. Stable rental prices bring predictability. That is good for tenants, developers and property investors planning for the long term. Kashif Ansari, Co-Founder and Group CEO, Juwai IQI For tenants, this creates a better environment for fair deposit discussions. However, the most common disputes still come down to two issues: cleaning and undocumented damage. A professional move-out clean can cost less than the deduction a landlord may charge, while dated move-in and move-out photos remain the strongest proof when damage is disputed. The key takeaway is simple: leave the unit clean, document everything and agree on deductions in writing. FAQs How much notice must a tenant give before moving out in Malaysia? Most tenancy agreements in Malaysia require two months’ written notice before moving out, although monthly tenancies may require only one month. The exact notice period depends on the termination clause in your tenancy agreement, so always check your contract and submit the notice in writing. How long does a landlord have to return my deposit in Malaysia? Landlords in Malaysia usually return the security deposit within 30 days after move-out and key handover. Some agreements allow up to 60 days, while utility deposits may take longer due to final TNB and water bills. Can my landlord deduct for normal wear and tear? No. A landlord should not deduct for normal wear and tear, such as minor wall scuffs, faded paint or carpet wear from regular use. Deductions should only cover actual damage and must be supported by clear evidence, such as photos or receipts. How can I get my TNB deposit refunded after moving out? If the TNB account is under your name, close or transfer it through myTNB or at a Kedai Tenaga. TNB will refund the remaining deposit after deducting any unpaid final bill. This refund is separate from the rental deposit held by your landlord. What happens if my Airbnb host claims I damaged the property? The host may submit a claim through Airbnb’s Resolution Centre. You can respond with your own evidence, including photos taken before checkout. Airbnb will review information from both sides before deciding whether you are responsible. What can I do if my landlord refuses to return my deposit? First, request a written and itemised breakdown of any deductions. If the landlord cannot provide a valid reason, you may file a claim through the Small Claims Court for amounts up to RM5,000 or the Consumer Claims Tribunal for eligible claims up to RM25,000 Ready to invest in property with more confidence? Submit your enquiry today and our IQI property specialist will help you explore suitable investment options based on your goals, budget and market preference. [custom_blog_form] Continue Reading: Renting Forever or Buying a House? The Real Cost of Buying a House in Malaysia What First Homebuyers Wish They Knew Rights, Responsibilities, and Realities in Renting Do I Need to Pay Tax on Rental Income? Sources: Contracts Act 1950 (Malaysia) Specific Relief Act 1950, Section 7(2) Registration of Guests Act 1965 (Malaysia) Personal Data Protection Act 2010 (PDPA) Tenaga Nasional Berhad (TNB), Change of Tenancy process, myTNB portal Airbnb Responsible Hosting in Malaysia, Code of Conduct (2026)
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