What are payments involved before the property is handed over to me?

In Malaysia, the standard practice is: 

  • 2 months security deposit
  • 1 month advance rental
  • ½ month utility deposit 
  • Reimbursement of the Tenancy Agreement stamping fee 

When the lease term ends, the security and utility deposit will be refunded without interest. However, the landlord reserves the right to deduct from the deposit all costs and expenses arising from the tenant for breaching any of the covenants stated in the Tenancy Agreement.

Copyright © 2018 Sherwood Realtors. All rights reserved.

Add: G-3-13, Plaza Arkadia, Jalan Residen 3, Desa Park City, 52200 Kuala Lumpur
Tel: +603 2711 1138 Fax: +603 2712 1138 Email: info@sherwood.com.my