Local Property Terms
Published: February 4, 2022
- Strata title
- Properties where multiple units are built as part of a shared development with shared amenities which usually refers to condos or apartments
- Landed Property
- Property where a unit is developed as part of a private parcel with no shared ownership responsibility, with an individual property title. Often refers to a bungalow, semi-detached, or terraced house.
- Refers to properties in Malaysia’s Real Estate market where supply outstrips demand, such as luxury condos in large developments. Overhangs are usually defined by state authorities.