Entry Cost of Property Purchase
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 May 23 2017, 01:56 PM, updated 9y ago
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#1
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Senior Member
2,724 posts Joined: Nov 2012  
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Dear all,
What are the relevant Entry Costs of Purchasing Properties (New Project & Sub-Sales)? And what are the percentage/proportion of the total Entry Costs to the Purchase Price? # SPA Legal Fees # SPA Stamp Duty # Loan Facilities Legal Fees # Loan Stamp Duty # Valuation Fees Are there any other fees involved? |
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May 23 2017, 04:03 PM
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#2
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Senior Member
2,724 posts Joined: Nov 2012
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QUOTE(hanhanhan @ May 23 2017, 02:40 PM) » Click to show Spoiler - click again to hide... « # SPA Legal Fees Scroll to the middle portion of this website # SPA Stamp Duty SPA stamp duty - RM10 per copy Transfer Stamp Duty:- 1st 100k - 1% next 400k - 2% > 500k - 3% add them all up # Loan Facilities Legal Fees same calculation method as SPA legal fees, based on loan amount # Loan Stamp Duty 0.5% of loan amount (excluding MRTA only) # Valuation Fees it's a percentage of the property market price, maybe a valuer can help out on this. agent fee (usually 2-3% of property price), if u buy subsale and if you're the seller.   |
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May 24 2017, 09:10 AM
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#3
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Senior Member
2,724 posts Joined: Nov 2012
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QUOTE(AskarPerang @ May 23 2017, 11:36 PM) Got apps to calculate. if you are using ios, just search for lkc property malaysia charges. free apps. yes all will be calculated once you enter your spa price. loan. interest. etc. That is nice. Thank you for the apps recommendations. |
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May 29 2017, 09:04 AM
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#4
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Senior Member
2,724 posts Joined: Nov 2012
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QUOTE(aaron1717 @ May 27 2017, 12:24 PM) nope.... u need to pay full.... Because of the total amount of the house exceeds certain price range? |
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May 29 2017, 09:28 AM
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#5
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Senior Member
2,724 posts Joined: Nov 2012
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QUOTE(aaron1717 @ May 29 2017, 09:06 AM) yea... as per reply above.... haha Alright got it. Read back the thread and saw it, it is at RM500k as the benchmark. Thank you mate. |
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May 30 2017, 05:25 PM
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#6
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Senior Member
2,724 posts Joined: Nov 2012
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QUOTE(Rehired @ May 30 2017, 04:06 PM) Hi, if i join name to purchase a property with my wife. Seeking advice from wild_card_my and lifebalance.Can we both withdraw 10% of the property value from EPF ? Is each can withdraw 10% of the property value or both combine 10% which is 5% each ? |
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