Renting

Renting

It is not easy to find short term rentals in Malaysia even for holidays. Unlike many western countries where holiday home rentals are easily available this has not yet happened in Malaysia but as more people buy their own second homes you can expect this segment to grow. If you are looking at staying in Malaysia for more than a two or three weeks but less than less than one year it is best to stay at a serviced apartment or negotiate a special deal at a hotel.

Most leases are for two years. A sample of a typical lease can be found by clicking here.

After agreeing the terms and conditions of the lease you will be required to pay one months rent as “earnest deposit”. This should be done at the time you sign a letter of offer which will include the basic conditions of the lease (click here for sample). This will eventually be used as the first months rent. It will also state what additional payments are due and when they should be paid.

Within seven days pay a further two months rental as “security deposit” and half a months rent as “utility deposit”. These amounts will be held by the Landlord until the lease expires at which time it will be refunded less the cost of any damages made to the premises or to settle any unpaid bills relating to the period of the tenancy.