Hello,

First time house buyer here.

Just want to ask about the payment waived under the first scheme home.

i recently acquired a RM245,000 property, apartment..2nd hand unit.


Here's the list that I have been notified to pay :-

SPA Legal Fees - RM11,879
Stamp Duty - waived
Evaluation Fees - RM1,100 (estimate)
Deposit 10% - RM24,500.

The question is, do i need to pay the fees? i thought its cover under the first scheme thing.

extra info,

Applied for RM290,000 loan from Public Bank Islamic. Rate is 3.80%. Quite high because apartment is not under strata title.

thank you and have a nice day

This post has been edited by aizielectreon: Aug 4 2022, 12:15 AM

Do subsale house entitled for such benefits?

i am not sure. the agent said the same thing. only waive stamp duty. i just need to double confirm.

Haiya.. If new house, i only pay for booking, all other are free because it is absorb by the developer, I can confirm this as my 2nd house is new unit. But my 1st house as subsale, I pay for everything...

Try HLB bank bro... I recently bought a condo also. The valuation fee for HLB is lower and better rate compared to PBB.

Stamp Duty(ies) memang waived for 1st home purchase.

But the scheme never mentions waiver of legal fees, 9/10 times the developer will absorb because they will have their panel solicitors and they have factored it into their selling price.

But this is not a guarantee.

the Skim Rumah Pertamaku (if you are referring to this) only says you can get 100% loan, not waiver of fees.

Try shop around for other banks. Sometimes banks give higher rate due to credit scoring, too "clean" profile, house lower value, and etc reasons.
The reason you mentioned, not under strata title, meaning? It is still under master title not yet sub divided?

Are you able to take conventional loan?

Yes, subsale, entitled to waive off your stamp duty. In sarawak's practice, buyer and seller share 50/50 on legal and MOT fees.


This post has been edited by Michaelbyz23: Aug 4 2022, 11:14 AM

other banks gave 3.9, 4%

this is the lowest as of now..

thanks for the clarification everyone. got the monies, but the 'cashback' now is quite low considering i need to pay these fees.. cant do renovation all out.

No worries. If that's the case, PB is the best option now. My personal experience (so far have had a few loans with PBB), they are the lowest. But you need to build your profile with them over the years. Once you are able to take another loan with them, you can negotiate your interest in the future purchase.

For subsale cases like yours (i.e. buying from secondary market), you can only get waiver of stamp duty for both SPA and Loan since it's your first house and below 500k. You will still need to pay for lawyer's legal fees & disbursement charges for SPA & Loan and valuation fees to Bank's valuer.

But the SPA legal fees of rm11,879 for rm245k property is way too high le. Maybe u should double check.

ok will do, thanks!

maybe because i took a higher loan of RM290,000?

SPA Legal Fees for rm245k is rm2,450
Loan Legal Fees for rm290k is rm2,900
Total legal fees for both SPA and Loan is rm5,350...

Even if include disbursement charges should go up to 11.8k

hmm.. thanks. i will ask the agent about this.

Your SPA fees too high.

it seems like it,

by the way i asked the agent about this, he will come back to me later with quotation. still waiting for it.

i got the quotation here..

its open quote so i can share here i think..


what do you think?


Attached File(s)
 Edwin_SPA_290K.pdf ( 587.86k ) Number of downloads: 25

here's the second one

This post has been edited by aizielectreon: Aug 8 2022, 11:04 AM


Attached File(s)
 Edwin_SPA_290K.pdf ( 587.86k ) Number of downloads: 33
 Edwin_300K_Loan.pdf ( 590.82k ) Number of downloads: 28

Processing and consultation fees?

Your quotation is quite different from my lawyer's quotation. I suggest you look around and compare the quotation first.

i got the quotes from your contact.

Almost 3k lower from the the agent's lawyer!

however the seller used the agent lawyer and the agent recommended me to use the same.

Not necessarily to use same lawyer. If use same lawyer, seller can save cost and no need to pay legal fees to lawyer