3 Storey Terrace House at Wangsa Ukay

Freehold, renovated terrace house, Land Area 2900 square feet. Built-up area 4800 square feet with swimming pool.

Latest Development Progress of Milano Kemuning

Legal fees and Stamp Duty

Legal Fees

Sale And Purchase Agreement

Scale Percentage

1)First RM150,000.00 1%

2)Next RM850,000.00 0.7%

3)Next RM2,000,000.00 0.6%

4)Next RM2,000,000.00 0.5%

5)Next RM2,000,000.00 0.4%

6)Excess of RM7,500,000.00 Negotiable on the excess but shall not excess 0.4% of such excess

Loan Agreement

Scale Percentage

1)First RM150,000.00 1%

2)Next RM850,000.00 0.7%

3)Next RM2,000,000.00 0.6%

4)Next RM2,000,000.00 0.5%

5)Next RM2,000,000.00 0.4%

6)Excess of RM7,500,000.00 Negotiable on the excess but shall not excess 0.4% of such excess

Sales and Purchase Agreement Stamp Duty Rates:

First RM 100,000.00 = 1%

Next RM 100,000.01 – RM 500,000.00 = 2%

Next RM 500,000.01 – RM 2,000,000.00 = 3%

Above RM 2,000,000.00 = 4%

Loan Agreement Stamp Duty Rates:

Any Amount = 0.5%

Standard Procedure of Purchasing or Renting A Property

Standard Procedure

Standard Procedure of Purchasing or Renting A Property

Purchasing a Property In Malaysia

Pay 4% of purchase price as earnest deposit (Sign letter or offer).

Pay 6% or purchase price 14 days later (Sign Sale & Purchase Agreement).

Pay 90% of purchase price 3+1 month later.

Professional Fee:

Schedule 7(C)(1) uner Rule 48 (a) of the VALUERS, APPRAISERS AND ESTATE AGENT RULES 1986, provide: The scale of Fees to be charged by registered agents for their professional services for the Sale & Purchase of Land and Buildings shall be:

a) Land and Buildings – Fee of 3%

b) Fees for other services such as joint venture, sale of company, property swaps, etc. – Fee of 3%

c) Chattels including Plant and Machinery – 10% of the proceeds

plus 6% Government Service Tax, payable by the Landlord.

Residential Renting a Property In Malaysia

Pay 1 month Rent as earnest deposit (Sign letter of offer)

Pay in 7 days

2 months rental as security deposit.

1/2 month as utility deposit.

Stamp Duty and disbursement (Sign Tenancy Agreement)

Commercial Renting a Property In Malaysia

Pay 1 month Rent as earnest deposit (Sign letter of offer)

Pay in 7 days

2 months rental as security deposit.

1 month as utility deposit.

Stamp Duty and disbursement (Sign Tenancy Agreement)

Professional Fee:

Professional fee is equivalent to 1 month’s rental plus 6% Government Service Tax, payable by the Landlord.

Midfields Condo Sungai Besi Kuala Lumpur

Midfields in Sungai Besi is a newly launched project by the well established developer, YTL Land & Development under YTL group of companies. The project which is being built on leasehold land, Build up area from 1,042 sf to 2,116 square feet,

All units have air-conditioning installed in the master bedroom and in the living room.

There is also an option of a dry and wet kitchen in the yard.

24 hour security with CCTV to ensure the safety of residents. Other facilities include a gymnasium, park area, swimming pool, badminton courts and squash courts. Football lovers will also love the fact that there are fustal courts available.

Midfields is accessible from 4 major highways – the Federal Highway, Metrama East-West, Besraya, and KL-Putrajaya. It is also located close to trains for the urban warrior who prefers to avoid traffic jams. The nearby train stations are Salak Selatan and Bandar Tasik Selatan stations.