Hi. Actually it depends on the property too. If it’s still under master title, then your lawyer will first need to get the developer’s consent first. Once your lawyer get the consent then only the 3 months start counting. If it’s already under strata or individual title, then it will faster, providing there’s no delay from any party.

And just for your information, a lot of people thought the job is done when all documents signed, but in actual fact, that’s when the real works start. All the chasing and running around to get things done within the timeline ..

A SnP agreement is only a legal document of INTENTION to buy sell. Is NOT ownership per say. A SnP can also be aborted b4 the payment of the full purchase price.

Buyer is ONLY a registered proprietor under the National Land Code when the buyer's name is registered with the land registry office.

Time is needed to complete the registration process as provided in the terms of SnP.

Buyer CANNOT claim ownership/possession with just a payment of 10% and loan approval.

Makes sense now. Thanks guys, looks like I’ll just have to wait it out!

Glad to be able to help even a bit. All the best!

Merry Christmas to All and thank you for your participation, feedbacks and positive comments in the thread.

Information are not meant to be keep, it should be share to everyone so we can learn and grow to be a better person.

Let’s hope for a better year next year. I will be continue to provide rightful, unbiased, accurate information to anyone who needs it.

And I apologise if some of my comments might cause any discomfort to you. Will strive to improve my way of replying too.

Thank you again for the positiveness In 2020 despite a not so good year.

Hi, mind to share how do you screen tenant for house rental? normally what documents(besides of IC) do u ask from the tenant?

Hi.

In KK, the practice is pretty simple.

During first contact (phone call in), we normally ask how many people staying, their occupation amd if they are local or from outstation. Will also explain the required payment.

If tenant ok, before we schedule for a viewing, we will check with owner if they feel comfortable with the tenant profile. If yes then proceed for viewing. If no then call tenant to reject.

During viewing, normally those small talks will let help to get to know more about tenant. From there, will gather information and update owners on tenant profile, I’m the event tenant decided to rent the property. Owner to decided based on his after thought .

Looking for advice on getting a surveyor to look at an old property for me before purchasing it. Are there such surveyors out there for residential properties?

I can offer renovation for your new and old property, but to survey b4 purchasing, i can't advice on that. can contact me after your purchasing to renovate your house,
at O1379O3545. (zack Bangsar)

Why dont write phone number properly as 0137903545? Anything to hide?

Any specific reason why you keen to appoint a surveyor? Anyway, here’s the list of surveyors you can find

https://rism.org.my/professional-listing-rism/

Jus that it's an old property - would like to know more about it before committing to it with regards to the work needed on it before its livable.

Oh. Maybe you try this instead..

http://architectcentre.com.my/ac/p3.asp?id=7

Wow this was exactly what i was looking for. Thank you so much!

glad it help...

I'm planning to buy my first house ever. During my search, I enquired on 1 developer in Alam Impian for their double storey terrace unit, and was told that the units there are individual titled units. But there is a maintenance fee of rm 900+ per month. My question is whether it is common for individual titles to have maintenance fees (i asked them whether its strata landed or individual title, and was told individual) and is the fee stated a norm or on the higher side. Thanks

I assumed that it's gated and guarded residential project? Hence the maintenance fees.

As for the fees amount, i think in west malaysia they started to calculate per parcel. If you have any lawyer friends who specializing in conveyancing can try ask also.. else, maybe any REN here can help to explain? Im not based there hence there might be differences in practice.

Question about buying the first property and the loan.

Does the amount of loan you can get depend on the money you have in your saving account?

Let's just say you can prove that you have X amount of money in bank, then they allow you to get loan based on the amount you have. The higher you have, the easier you can get loan etc..

For example, a property costs Rm600,000 and if a person A has Rm150,000 in his saving account and person B only has Rm20,000 in his saving account. Person A is more likely to get loan approved if he wants to get loan to buy property.

Correct me if I am wrong.

No. Having huge savings is a plus as bank can ask u to convert to FD if necessary but bank loan approval will based on your monthly income and your DSR (debt service ratio).

I am actually working in overseas right now.

My plan is to quit my oversea jobs, then come back to Malaysia to buy property first while maybe doing side job or something (don't have an idea yet).

So if I have no monthly income from Malaysia, how will it be assessed? No debt as well