A. Sales & Purchase Agreement
a) Legal Fee:
First RM 150,000 = 1.0% (minimum fees of RM 300)
Next RM 850,000 = 0.7%
Next RM 2,000,000 = 0.6%
Next RM 2,000,000 = 0.5%
Next RM 2,500,000 = 0.4%
Excess RM 7,500,000 = Negotiable (not exceeding 0.4%)
b) Stamp Duty:
First RM 100,000 is at 1% of the value
Next RM 400,000 is at 2% of the value
c) Disbursement fees: Land search + Q.A Search + Affirmation and etc~= RM 200 - RM 400
d) Others: Miscellaneous + Transportation~= RM 150 - RM 250
B. Loan Agreement
a) Legal Fee:
First RM 150,000 = 1.0% (minimum fees of RM 300)
Next RM 850,000 = 0.7%
Next RM 2,000,000 = 0.6%
Next RM 2,000,000 = 0.5%
Next RM 2,500,000 = 0.4%
Excess RM 7,500,000 = Negotiable (not exceeding 0.4%)
b) Stamping of Original Loan Agreement = 0.5%
c) Disbursement fees: Title search + Bankruptcy search + Affirmation and etc~= RM300 – RM500
d) Others: Miscellaneous + Transportation~= RM 150 – RM 300
Showing posts with label Information. Show all posts
Showing posts with label Information. Show all posts
21 September 2009
Standard Procedure of Purchasing or Renting A Property
Purchasing a Property In Malaysia
1. Pay 2% of purchase price as earnest deposit (Sign Letter Of Offer @ Confirmation Letter).
2. Pay 8% of purchase price 14 days later (Sign Sale & Purchase Agreement).
3. Pay 90% of purchase price 3+1 month later.
Residential Renting In Malaysia
1. Pay 1 month Rent as earnest deposit (Sign Letter Of Offer)
2. Pay within 7 days: 2 months rental as security deposit. 1/2 month as utility deposit.
3. Stamp Duty and disbursement (Sign Tenancy Agreement)
Commercial Renting In Malaysia
1. Pay 1 month Rent as earnest deposit (Sign Letter Of Offer)
2. Pay within 7 days: 3 months rental as security deposit. 1 month as utility deposit.
3. Stamp Duty and disbursement (Sign Tenancy Agreement)
1. Pay 2% of purchase price as earnest deposit (Sign Letter Of Offer @ Confirmation Letter).
2. Pay 8% of purchase price 14 days later (Sign Sale & Purchase Agreement).
3. Pay 90% of purchase price 3+1 month later.
Residential Renting In Malaysia
1. Pay 1 month Rent as earnest deposit (Sign Letter Of Offer)
2. Pay within 7 days: 2 months rental as security deposit. 1/2 month as utility deposit.
3. Stamp Duty and disbursement (Sign Tenancy Agreement)
Commercial Renting In Malaysia
1. Pay 1 month Rent as earnest deposit (Sign Letter Of Offer)
2. Pay within 7 days: 3 months rental as security deposit. 1 month as utility deposit.
3. Stamp Duty and disbursement (Sign Tenancy Agreement)
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