thanks slicks. master plan got?

Yeah I also find it strange (but glad la) that they send us progress statement but still the bank has not draw down. Made me panic.. ha ha .. but the lawyer already asked me for Stamp Duty. Ouch ouch... say, for Phase 1, there is no S&P charges but have Stamp Duty right?

how much is the stamp duty?
how bout phase 2?

This post has been edited by nitromx: Aug 19 2013, 09:10 PM

They give 90 days grace period, as I email them on this matter in may when my loan still not sorted out.

The stamp duty cost abt 20k if ur house 800k.
There is an escalating formula, easily google out. Ouch

I'm confused. You've got three stamp duties total to be paid

1 - Stamp Duty on sales and purchase agreement - Nominal RM 10 per copy , or calculated based on property price?

2 - Stamp Duty on loan agreement - calculated based on loaned amount

3 - Stamp Duty on MOT - calculated based on property price.

Different google results varying like mad

This post has been edited by slickz: Aug 19 2013, 09:56 PM

RM10/copy
0.5% of loan amt
Purchase Price
First 100k 1%
Next 400k 2%
Exceed 500k 3%

so we need to pay 3 stamp duty here?

Some said gamuda will build kota kemuning2

Thank u



Thanks to noob websites posting confusing information, I've been having a tough time to understand all the calculation. They worded the terms wrongly!

Take a look at this : http://voyager8.blogspot.com/2011/11/cost-...roperty-in.html

Then finally I found a site worth a damn. It's from the House Builder's Association (HBA)

http://www.hba.org.my/faq/fees.htm

I believe the many websites on property basically are made by idiots who never bother to write their terms properly. Bikin panas ja kasi confuse orang. GRRR.


Let Andrew clarify for you below.

Don't la all also call stamp duty.
1st is call S&P (for lawyer-a few k)
2nd is call loan agreement fee(also for lawyer)
3rd which I refer here, is actually call MOT ( for Pejabat tanah)

1. Stamping fees - 1 Original 4 Duplicates
2. Stamping fees
3. Stamp Duty (MOT)

Guys,

Any1 get bank approval?

Which bank have the best package?

Thanks

RHB can give up to BLR - 2.5 (but must take MRTA), without MRTA it'll be BLR - 2.45

Hello Hello..

Phase 2 buyers.. Which bank loan you take ya?
Share Share please.. Thank you

Reallly???????????????????

Got land for next township meh?

Dont think so, the land still own by a company.

masterplan pls? anyone?

Very much agree with you.