Friday, April 19, 2013

Costs involved in purchasing a property in Johor Malaysia

This should be used only as a reference, please seek proper legal and tax advisors on your property transactions.

Immediate / During Purchase
1. Purchase Price (10% downpayment , balance progressive )
Depending on which stage of completion, may have to fork out next stage of payment if already completed during sale.

2. State Consent Fee (Applicable to foreigners only.)
- Johor State Consent (Approval fee- RM10,000, Application fee - RM500)
- Processing time about 3 months

3. Stamp Duty for Sales and Purchase Agreement(SPA)

4. Stamp Duty for Loan Agreement(0.5% of loan)

5. Legal Fee for Sales and Purchase Agreement(SPA)

6. Legal Fee for Loan
 First RM150,000 – 1%
 Next RM850,000 - 0.7%
 Next RM 2,000,000 – 0.6%

7. Disbursement Fee
- include fees for registration of charge, land search and bankruptcy search, etc)


Upon Issue of Certificate of Completion and Compliance (CCC)
a. Stamp Duty (Memorandum of Transfer – MOT/ transfer of title)
b. Registration Fee
c. Legal Fee

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