Property Guidelines

Maintenance tips to keep your house in top shape ... Can proper maintenance increase the value of my home? What are some home maintenance steps I can do myself? Increase the energy-efficiency of my home without spending a fortune? Is it worth the money to call a professional just to handle maintenance? What maintenance records do I need to keep?   1. Can proper maintenance increase the value of my home? Yes. Careful maintenance can pay off when it's time to sell your home. A neat...
Selling Your House ? Here are some valuable tips to help you ... Can I sell my house myself? What makes a house sell? When is the best time to list a house for sale? How long should it take to sell? What if I am unable to sell my old house before I have to move? How do I price my house? What is "fair market value" and how do I determine mine? What is the difference between fair market value and asking price? Who can help me determine the right asking price? How flexible should I be...
Buying a House ? Here are some valuable tips to help you ... Advantages of using a real estate salesperson to help me buy a home? Where do I begin the process of looking for a home? How do I find the right real estate salesperson to work with? How do I know for sure which home I can afford? How does buying compare to renting? Where can I get information about the neighbourhood schools? How can I find out what homes are selling for in a given neighbourhood? Can I find out what my...
  It is a TAX to be charged in respect of chargeable gain accruing on the disposal of any real property fall under this Act. RPGT = Disposal Price – Acquisition Price   Acquisition Price Purchase Consideration (a) Fees, Commission, cost of professional services (b) Cost of Transfer (Stamp Duty) (c) Cost of advertising (looking for Seller) (d) Compensation for damage (e) Receipt of Insurance policy for damages (f) Deposits forfeited   Disposal Price Dispose Consideration...
Stamp Duty on Sale Transaction House Value Stamp Duty Payable 1st RM100,000.00 1% Next RM400,000.00 2% > RM500,000.00 3%   For Example: House Value = RM3,600,000.00 1st RM100,000.00 (1%) = RM 1,000.00 next RM400,000.00 (2%) = RM 8,000.00 next RM3,100,000.00 (3%) = RM 93,000.00...
REAL ESTATE GENERAL INFORMATION Renting & Buying Procedures   Renting Procedures   Buying Procedures 1 Property found 1 Pay earnest deposit of 2% of purchase price for confirmation (Signing an option to purchase) 2 Pay one month deposit 2 Pay 8% of purchase price 14 days later (Signing of Sale and Purchase Agreement) 3...