Outline ·
[ Standard ] ·
Linear+
[WTA] Fees and charges when buying property
|
TSokk
|
 Dec 23 2007, 08:19 PM, updated 18y ago
|
|
Hi guys,
May I know what exactly the legal fees and stamp duty that I need to pay when buying a property?
I am a little confused here because when I search the Internet, I found that theer is legal fees for SPA, legal fees for loan agreement, stamp duty for SPA and also stamp duty for loan agreement.
Is that correct?
Can you guys tell me what's the % fees bracket for each of these?
Btw, does anyone know how much quit rent and access fees cause for a 1200 square feet condo?
Thanks..
|
|
|
|
|
|
b00n
|
Dec 23 2007, 10:15 PM
|
delusional
|
Try surfing this website: http://www.hba.org.my/main.htmhttp://www.hba.org.my/faq/on_housing_loans.htmQUOTE Professional Legal Fees
Sale & Purchase Agreement - 1.0% for the first RM100,000
0.5% for the next RM4,900,000
Stamp Duties
Loan Agreement - 0.5% of the loan amount
Transfer of Title (for completed properties only - 1% for the first RM100,000
2% for the next RM400,000
Disbursement Fees
Include fees for registration of charge, land search and bankruptcy search These fees vary by state, land office and type of property. For instance, in Selangor and Wilayah
Persekutuan, the fees could range from
RM300 to RM700
Processing Fees Rate (RM) Range (RM)
One time fee charged by the financial institution for loan processing 50 25,001-30,000
100 30,001-100,000
200 100,000 above Don't know whether or not still valid. |
|
|
|
|
|
feralee
|
Dec 23 2007, 11:52 PM
|
|
|
wat i can say is prepare at least 10% of the property tat u wanna buy  |
|
|
|
|
Quote
0.0142sec
0.85
5 queries
GZIP Disabled