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4 Ways to Maximise Your Property Purchase (Freebies & Campaigns)

14 Oct 2019

Blog

There are various types of deals, such as 'property rebate in Malaysia' or 'cashback property deals' that can help you save real money instantly. Check out M Group's Lock and Win Campaign visit the "Lock and Win" website.

It's true, Malaysians love freebies and discounts as much as they love food. Do a quick search on Google, you'll find endless searches on ‘property rebate in Malaysia', ‘cashback property deals' and many more of the like.

While we are on a constant lookout for the best discounts that could instantly lessen the downpayment burden, there are other types of deals that can help you save real money instantly as well as in the long run.

Dealing with the ins and outs of a legal contract like a Sales and Purchase Agreement (SPA) can be a bit of a headache for regular home buyers, which is why it's best for you to hire a lawyer to guide you through the process. However, sourcing your own legal counsel can be quite costly, adding to the already significant investment you're putting down for the property.

One of the options you can look out for in this case would be offers from developers , especially when buying new properties. Often, developers will arrange to have legal counsel as part of a ‘package' at no extra cost to you, the buyer.

If you see a handy offer like this, it's wise to make the most of it as it will save you a lot of extra cash that you can otherwise use to spruce up the interior of your newly acquired property.

This is especially relevant if you're buying a unit in a condominium, apartment or other properties with dedicated parking bays. Often, these will come with at least one parking bay per unit. In some cases, more than one. If there are additional parking bays on offer, it's worth snatching them up as these can be rented out by the owners – think of it as a small source of passive income.

Alternatively, you can also look out for developers that sell parking bays as individual parcels, not connected to a unit. Again, you can rent the space out if you feel like it or you could even opt to sell the parking bay separately without selling your residential or commercial unit.

It's like having two separate pieces of property – the unit and the parking bay. Both are investments for your future whether you decide to sell or rent them out, as a pair or separately.