Buying property directly from a developer is the smartest way to purchase a new home in Malaysia. You eliminate the middleman, deal directly with the source, and often unlock exclusive discounts and benefits.
Why Buy Direct From Developer?
When you purchase through an agent, you pay the same price but the developer pays the agent a 2%–3% commission. That money doesn't benefit you — it's just cost absorbed by the project's marketing budget. By going direct, you can:
Step 1: Research New Launches
Start by identifying which new projects interest you. NewProjek lists hundreds of new property launches across Malaysia — from condominiums in Kuala Lumpur to landed houses in Johor Bahru. Filter by state, property type, price range and construction status.
Step 2: Visit the Sales Gallery
Most developers have dedicated sales galleries for new projects. This is where you'll see show units, speak to the sales team, and review unit floor plans and pricing. You can find showroom addresses on each project page on NewProjek.
Step 3: Reserve Your Unit
When you find a unit you want, you'll pay an Expression of Interest (EOI) or booking fee — typically RM1,000 to RM10,000 depending on the project. This secures your unit while your bank loan application is processed.
Step 4: Apply for Your Home Loan
You have 14–21 days after booking to secure your bank loan. Apply to multiple banks to compare rates. Most banks offer home loans up to 90% of the property value for first-time buyers.
Step 5: Sign the Sale & Purchase Agreement (SPA)
Once your loan is approved, you'll sign the SPA — typically within 3 months of booking. You'll need a conveyancing lawyer to review the SPA. Developer legal fees are often absorbed for new launches.
Step 6: Progressive Payments During Construction
For under-construction properties, payments follow a schedule tied to construction progress milestones. Your bank releases payments directly to the developer according to this schedule.
Step 7: Key Collection
Upon completion, you'll conduct a defect check and collect your keys. Most developers provide a 12–24 month defects liability period for new properties.
The NewProjek Advantage
By registering through NewProjek, you qualify for our 2% cashback program. After your SPA is signed, we pay 2% of your property purchase price directly to you. On a RM600,000 property, that's RM12,000 back in your pocket.