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Colliers, Jordan Lee & Jaafar (JH)
Sdn Bhd
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Property Information
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Reg. No: VE (1) 0063/2
Suite 326, 3rd Floor,
Pan Global Plaza,
Jalan Wong Ah Fook,
80000 Johor Bahru Johor
Tel: 07-2232299
Fax: 07-2245899
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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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