You’ve decided on your first property. It’s time to crunch the numbers.
Purchasing a property is not just about forking out the initial 10% downpayment. In addition to the 10%, there are extra costs and fees to take into account: mortgage, legal fees, valuation fee, stamp duty, etc.
* In Malaysia, the downpayment is 10%, compared to other countries which practices a 20% downpayment.
When selling a property, there are also costs and fees involved. Here are four must-know fees when selling a property in Malaysia.
To save time and brain cells, I use the EasyLaw app to help in the calculations. Below is a YouTube walkthrough video.