Hi, I bought my first condo unit during the end of 2020, now that I'm going to VP soon, i want to sell off this condo unit, and I would like to know what fees I have to pay in order to sell. I know I might need to pay
- RPGT, but first time seller can waived this right?
- Loan early settlement fee, but how the locked-in period calculate? Start from the date I signed SPA?


Beside these two, what other fees am I not aware of? Thank you sifus for replying!!

The exemption is for everyone, once in a lifetime those you have to weight if it's worthy to use the quota. Do you foresee selling above SPA price to trigger the RPGT, bear in mind you can deduct all the expenses related to the purchase. Appreciation are rather stagnant, good luck

If you make a profit, best to wait until 5 year period passed then you won't be taxed. But knowing the market now, it is very unlikely to make profit. breakeven considered good. most likely you will sell at a loss so don't worry about RPGT. Usually lock in period is calculated from final disbursement. So it is likely you are still in your lock in period. Read your letter of offer from Bank. There is a way around this... pm me for info

My bad, I should have mention that I am not trying to make a profit, just trying to break even..

Depending on location, but most likely very hard for you to breakeven. Desperate sellers will usually sell it at "after rebate" price since technically they don't need to pay that 10%. So you will definitely make a loss after the legal fees, agent fees etc. just a matter of how much loss you can take. And when the buyers have those "sold" price as references, you won't have negotiating power.

This coming from me as an agent ya as I have clients who wants to sell their units upon VP as well.

This post has been edited by raymondleong29: Mar 4 2025, 02:16 PM

Once engage with agent. He or she will let you know all of the above.

1. Agency fee, if sale concluded by an agent.
2. Early bank loan settlement fee.
3. MOT, unless waived by developer.
4. Legal expenses for sale.
5. RPGT, if applicable.
6. Maintenance fee until date of transfer.

For your 2nd question.
It starts from the loan disbursement date, not the date you signed the SPA.

Since your condo is under construction, the bank progressively disburses the loan to the developer. The lock-in period typically starts from the date of full disbursement (which is often close to the VP date).

Check with your bank to confirm the exact date your lock-in period began.

Btw, what condo U selling?

normally MOT is paid only after strata is issued. I have sold property without paying MOT before because the local govt delayed in issuing the strata title

Malaysia Property 80% Condo Will Lose Money one. I GUARANTEE ...

Only 20% TipTop Location can earn money such like Desa Park City, KLCC, Bangsar South, Sunway

So you need to prepare sell in Loss....

or other method is you renting out. hahahaha