Hi. We bought a property in Port Dickson, Malaysia, a few years ago and just had a letter from the developer, stating that the Title for our property has been issued by the authorities and we have 12 months to execute the Strata Title transfer. The purchase price was 590,000RM.
Some of the charges for the transfer are as follows(I'll just mention the big ones here):
Memorandum of Transfer 4580 RM
Stamp Duty on Memorandum of Transfer 11700 RM
Filing Fees on Memorandum of Transfer 5900 RM
In total the charges are 23,894 RM.
This seems utterly excessive. Can I do the leg work on some of these , or hire a person to do it for me and save on these fees?
Your advise would be highly appreciated.
This post has been edited by SaeidM: Jul 20 2012, 05:45 AM
Strata Title Transfer fees in Malaysia (Investment)