603 – 22023199 | 603 – 22833199

klchin@peninsularproperty.com

This collection of frequently asked questions (FAQ) provides brief answers to many common questions about Peninsular Property Agent and its services.

1. What real estate services does the Peninsular Property Agent (PPA) team provide?
We provide rental and sale services for various types of properties such as residential, commercial, industrial and even transactions involving land.

2. Which areas does the PPA team work on?
As our office is located in Kuala Lumpur, the main areas covered are Klang Valley and Selangor. Other areas such as Penang and Johor can be considered subject to mutual agreement between with prospective client and PPA.

3. Please name some the areas that PPA works on?
KLCC, Bangsar, Damansara Height (Bukit Damansara), Mont’Kiara, Sentul East & West, Ampang Hilir / U-Thant, Petaling Jaya, parts of Shah Alam and Klang depending on the property type.

4. Who are PPA’s clients? 
Our clients comprises of both individual and corporate clients. They can be locals and/or expatriates.Our clientele range from the individual, couples, both local and multi-nationals firms and even from embassies.

5. Who pays the Agency Professional Fees to PPA  in the event of a successful sale/rental transaction?
Normally, fees are paid by Vendor or Landlord in the event of a successful transaction. PPA adheres to the scale of fees as …  (refer to our admin Lorna for the full and complete name of the schedule and put out the scale fees here).

6. As a prospective client what do I need to prepare for?
Depending on the type of service you need, our Real Estate Negotiators (REN) will be please to assist you according to your needs.

7. What is an “Ernest Deposit” and when is it required? 

An Ernest Deposit is a sum of monies paid by potential Purchaser or Tenant to a nominated party ( also known as Stakeholder) appointed by the Vendor or Landlord. The Ernest Deposit is usually paid when an Offer Letter is signed by Purchaser or Tenant to indicated to the other party that there is serious interest in the purchase or rental transaction.

8. What is an “Offer Letter”?
A document which indicate the basic details of the said property to be transacted and includes  the terms & conditions of the transaction.

9. Why is a REN important in real estate transaction?
A qualified REN is the only professional third party who can discharge service to both Vendor / Purchaser and Landlord / Tenant as efficiently as possible.

 

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