Real Estate in Ampang, Malaysia
Last updated on May 16, 2024
Summary: The most desirable neighborhoods in Ampang, Malaysia are Ampang Hilir, Ampang Jaya, and Taman Dagang. The average cost to buy a nice 2 bedroom home in Ampang is around $200,000 USD, while a nice 3 bedroom home can cost around $250,000 USD. These properties typically include modern amenities such as air conditioning, a kitchen, and a balcony. Foreigners are allowed to purchase property in Ampang, however, they must obtain approval from the Foreign Investment Committee (FIC) before doing so. When searching for a home to buy in Ampang, expats should consider their budget, desired location, and amenities. They should also research the local real estate market and consult with a real estate agent to help them find the best property for their needs.
How do I find a place to live in Ampang?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Ampang, you can start by researching online property websites such as PropertyGuru, iProperty, and Mudah.my, which offer listings for houses, apartments, and condominiums in the area. You can filter your search based on your preferences, such as budget, property type, and location. Another option is to engage the services of a local real estate agent who can help you find a suitable property based on your requirements. You can find agents through online directories or by asking for recommendations from friends or colleagues who have experience in the Ampang property market. Additionally, you can explore local newspapers and classified ads for property listings. The Star and The New Straits Times are popular newspapers in Malaysia that often feature property advertisements. Once you have shortlisted a few properties, arrange for property viewings to inspect the condition of the property and the surrounding neighborhood. This will help you get a better understanding of the area and whether it meets your needs. Lastly, consider joining local community groups or forums on social media platforms such as Facebook, where you can ask for recommendations and advice from residents who are familiar with Ampang. This can provide valuable insights into the best neighborhoods, amenities, and potential properties to consider," explained one person living in Ampang, Malaysia.
Connect
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
What is a typical expat home or apartment like in Ampang?
"A typical expat home or apartment in Ampang, is likely to be a spacious, modern, and well-furnished living space. These homes often feature multiple bedrooms, a fully-equipped kitchen, and a comfortable living area. Many expat homes in Ampang are located within gated communities or condominium complexes, offering residents access to shared amenities such as swimming pools, gyms, and playgrounds. The apartments are often situated in close proximity to international schools, shopping centers, and public transportation, making them convenient for expats and their families. Additionally, these homes usually come with air conditioning, high-speed internet, and 24-hour security services to ensure a comfortable and safe living environment," explained one person living in Ampang, Malaysia.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Ampang?
If you are thinking about moving to Ampang, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Ampang, can vary depending on the type of property and location. Generally, the prices for apartments and condominiums range from affordable to moderately expensive, while landed properties such as terrace houses, semi-detached houses, and bungalows can be more costly. It is essential to consider factors like proximity to public transportation, amenities, and the overall condition of the property when determining the average cost of housing in Ampang," said one person in Ampang.
Should I buy or rent a home in Ampang?
If you have not spent a lot of time in Ampang, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Ampang, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Ampang for an extended period and have the financial means, buying a home can be a good investment, as it allows you to build equity and potentially benefit from property appreciation. Additionally, owning a home provides stability and the freedom to customize your living space. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Ampang allows you to explore different neighborhoods and housing options without the commitment of homeownership. It also provides the advantage of not having to worry about property maintenance and taxes, as these responsibilities typically fall on the landlord. Ultimately, the choice between buying and renting a home in Ampang depends on your individual needs and preferences. It is essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," said one expat in Ampang.
What do I need to know when buying property in Ampang?
When we asked expats what advice they would give a foreigner before buying a property in Ampang, they said:
"1. Research the property market in Ampang, as it is a popular area for both locals and expatriates, offering a mix of residential and commercial properties. 2. Familiarize yourself with the different types of properties available, such as landed properties (bungalows, semi-detached houses, and terrace houses) and high-rise properties (condominiums and apartments). 3. Consider the proximity to amenities such as schools, hospitals, shopping centers, and public transportation when choosing a property. 4. Engage a reputable real estate agent to help you navigate the property market and provide valuable insights into the local area. 5. Be aware of the legal requirements for foreign property ownership in Malaysia, which may include restrictions on the types of properties that can be purchased and minimum purchase prices. 6. Obtain a thorough understanding of the property transaction process in Malaysia, including the need for a Sales and Purchase Agreement (SPA) and the payment of various fees and taxes. 7. Secure financing for your property purchase, if necessary, by exploring options with local banks and financial institutions. 8. Conduct a thorough inspection of the property before finalizing the purchase to identify any potential issues or defects. 9. Ensure that all necessary permits and approvals are in place for the property, particularly if you plan to make any renovations or alterations. 10. Be prepared for ongoing costs associated with property ownership in Ampang, such as maintenance fees, property taxes, and insurance premiums," said one in Ampang.
Are foreigners allowed to own property in Ampang?
When we asked expats what advice they would give a foreigner before buying a property in Ampang, they said...
"Yes, foreigners are allowed to own property in Ampang. However, there are certain restrictions and requirements that must be met. Foreign buyers are required to obtain approval from the State Authority before purchasing a property. Additionally, there is a minimum purchase price for foreign buyers, which varies depending on the state. In most cases, foreigners can only purchase properties valued above a certain threshold, typically around RM1 million. It is also important to note that foreigners are generally not allowed to purchase low and medium-cost residential units, agricultural land, or properties reserved for Bumiputera (indigenous Malaysians). Despite these restrictions, many foreigners successfully invest in properties in Ampang and other parts of Malaysia," explained one person living in Ampang, Malaysia.
What appliances are typically included in a rental?
We asked foreigners in Ampang what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In a rental property in Ampang, you can typically expect to find essential appliances such as a refrigerator, washing machine, air conditioning units, and a cooking stove or hob. Some properties may also include a microwave oven, water heater, television, and a clothes dryer. However, the inclusion of these appliances may vary depending on the landlord and the specific rental property," said one foreigner living in Ampang, Malaysia.
Additional Information about Searching for a Home in Ampang:
We asked foreigners in Ampang what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Ampang, often begin by browsing online property listings on websites such as PropertyGuru, iProperty, and Mudah. They may also join expat forums and social media groups to gather recommendations and insights from fellow expats living in the area. Additionally, they can reach out to local real estate agents who are familiar with the Ampang housing market and can help them find suitable properties based on their preferences and budget. Visiting open houses and driving around the neighborhood to explore available properties can also be helpful in finding the perfect home. Networking with other expats and locals in Ampang can lead to valuable information about upcoming rental or sale opportunities," said one foreigner living in Ampang, Malaysia.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Ampang?
- What is a typical expat home or apartment like in Ampang?
- What is the average cost of housing in Ampang?
- How do I meet people in Ampang?
- What do I need to know before retiring in Ampang?
- What should I pack when moving to Ampang?
- Where should I setup a bank account in Ampang?
- Will I be able to find a job in Ampang?
- What is life like as an expat in your area?
- What do people like (and dislike) about Ampang?
- What type of social life can someone expect in Ampang?
- What is the social scene like in Ampang?
- What advice to expats in Ampang have about housing?
- What are medical services in Ampang like?
- Are healthcare and health insurance expensive in Ampang?
- Is the cost of living in Ampang high?
- What are the visa & residency requirements in Ampang?
- Why do people move to Ampang?