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 Sub sale stamp duty etc

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TSAzrage
post Mar 15 2021, 12:05 AM, updated 5y ago

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Hi Sifus,

Currently looking to buy a sub sales house around 565k, not first time buyer.

What are the additional charges need to prepare (Stamp Duty, MOT, legal fee etc) other than DP 10%.

Thanks.
YeohKW
post Mar 16 2021, 09:54 PM

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From: Kota Kinabalu, Sabah
QUOTE(Azrage @ Mar 15 2021, 12:05 AM)
Hi Sifus,

Currently looking to buy a sub sales house around 565k, not first time buyer.

What are the additional charges need to prepare (Stamp Duty, MOT, legal fee etc) other than DP 10%.

Thanks.
*
SPA - SPA legal fees, SPA Stamp Duty, SPA disbursement fees
Loan Agreement (if applicable) - Loan legal fees, Loan Stamp duty, loan disbursement fees, Valuation fees (some banks might not require it)

if high rise or strata titled property - Utilities deposit, security deposit, advanced management fees


This post has been edited by YeohKW: Mar 16 2021, 10:00 PM
okgun
post Mar 16 2021, 09:57 PM

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If you are taking loan from bank, you need to pay stamp duty for loan agreement & legal fees for loan.
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