Puchong Jaya

I don't know about your country, but in mine, Malaysia, when you're looking to purchase property of any type, one of the important criteria you would want to appear into is - the developer.

The project is essential, but Puchong Jaya you would agree totally that the developer plays even a more impressive role; in ensuring that you're getting the very best property deal in Malaysia.

So, you should continue reading to find out, who would be your ideal developer...

Well, basically, they're the criteria to look for:

1. Reputation and Reliability

Need I say more? You understand this already, don't you? But...

The most crucial thing is: How will you find out reputation and reliability of a developer, right?

Simple, just ask around residences or owners of previous property projects by your targeted developer! You ought to be able to get some hints from these neighborhoods.

While you're there, open you eyes; BIG and WIDE! Observe their workmanship. Can you enjoy a the grade of work that you see right before your eyes?

You may also check who their financiers are. Do they owe their contractors, vendors and suppliers? You wouldn't wish to be involve with a bad pay master, would you?

One more thing...

Find out if that is their first project? If they are not from a developer background, you need to think again...

2. They must be registered under REHDA

REHDA, or the Real Estate and Housing Developer Association, is the association that keep track of a developer's records.

Reputable property developers in Malaysia are members of REHDA... and if it's not registered... well, you realize what to do, right?

3. Timeliness in Delivery and Quality

While checking out the last projects by the developer, find out about their timeliness. Are they delaying project consistently? What's their compensation for the delay? Could be the compensation fair and after the legal requirements?

4. Credibility, Management Effectiveness, After Sales Services.

These are the conventional what to check. A MUST!

When you're uncovering the backdrop of the developer of property projects in Malaysia, find out about their credibility, their management teams and effectiveness, and what is the standard level of the services?

And now... the absolute most outrageous criteria!

5. License!

Huh? Property developers in Malaysia MUST have a license, don't they?

Alright, before I go about embarrassing my lovely state... i'd like to explain:

You see, you can find certain licensing requirements for properties in Malaysia. And not totally all property projects are necessarily regulated. Thus, there's no pre-requisite to truly have a valid license for many project types.

Property projects that requires a valid license in Malaysia are any buildings which can be meant for human habitation, partly or wholly. Examples, low and medium cost apartments, condominiums, terrace houses etc.

But then again, The Minister may by notification published in the Gazette, exempt any housing developer from any or every one of the provisions of the Housing Development (Control & Licensing) Act, 1966.

So, these'exempted'developers may not require any license as well!

Now, you most likely would be asking: What else does not need a valid license?

Here's the loopholes...

If the developer is building less than four units; or the units are merely sold after full Certificate of Fitness for Occupation has been issued. No license is required.

Besides that, any approved commercial development, no valid license are required.

Examples, service apartments, commercial buildings, shop lots, shop offices, bungalow plots and/or land, orchard land and/or agricultural land, industrial and/or factory lots, and other forms of properties not specified as'Housing Accommodation'under the Housing Act