Alert!

1. Please do not make any appointment if you are not keen to view the property.
2. Please appreciate and respect people's time by attending appointment punctually.
3. Please do not try to skip the agent and go to the owner of the property directly. This may cause inconvenience to the owner.

Thank you for the understanding of professionalism.


Showing posts with label Information. Show all posts
Showing posts with label Information. Show all posts

21 September 2009

Processing Fees

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

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)