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CTY Mass Realty Sdn Bhd
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Property Information
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Reg. No: E (1) 0337
390-C, Jalan Burma,
10350 Penang
Tel: 04-2288481
Fax: 04-2266012
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Real Estate Glossary of the
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Furnished/Unfurnished
These terms apply to properties that are let out to tenants. A furnished property should be fully equipped with furniture and amenities. There is however no legal definition of what furniture must be provided or its condition if a property is let as furnished. An unfurnished property will typically be rented out as an “empty” building having no moveable furniture.
Property Development
Property development refers to either the construction of new buildings or refurbishment of existing buildings in the pursuit of gains.
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