Buying and Selling Guidline
Step 1 :
- Pay booking fee 3%
- Receipt will be given to buyers upon paying booking fee
- Sign Letter Of Offer / Acceptance
- Booking fee is forfeitable if purchaser aborts the transaction
- The seller has to double pay the booking fee if the seller decides not to sell the said property
Step 2:
- Pay 7% balance of 10% the sale price upon signing Sale & Purchase Agreement and 14 days after signing Letter Of Offer / Acceptance
Step 3:
- The date of settlement of outstanding balance can be discuss by both party before signing Sale & Purchase Agreement
- Normally, the buyer will be given 3 month to settle outstanding balance after execution of the Sale & Purchase Agreement.
- The buyer can request extend for one month. Within this one month, the buyer has to pay interest calculated per day.
- In the event that the consent has to obtain from the relevant government authorities (Leasehold/Malay Reserves/Some Of Freehold) or Developer (for master title) and /or issuance of Certificated of Fitness, settlement period are count on date receipt of consent.
Step 4:
- The property would be given upon full payment.