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Saturday, November 2, 2013

New Launch Properties Malaysia

Despite a worldwide recession the Malaysia property market has remained one of the most resilient and vibrant in the world.

New Malaysia property launches can include new condos, new apartments and new landed property.

New condominiums

A condominium, or condo, refers to a residential home, usually a flat or apartment, which is individually owned while common areas are shared with each other. These common facilities may include things such as shared hallways, heating systems, elevators and laundry rooms.

A building is only granted condominium status when the total site area is greater than 40,000 sq ft. Communal facilities typically have a BBQ area, gymnasium, and a swimming pool. Most will also have their own security guards.


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