On Selling

GUIDE TO SELLING YOUR PROPERTY IN MALAYSIA

To dispose your properties in Malaysia, you can engage us as your Independent Investment consultant, the contact point and mass market your property through a wide network of real estate agents for fast selling at the right price. We will coordinate and arrange opening up your property for viewing, arrange booking and negotiate on your behalf the right terms and conditions of selling procedures while you are away Malaysia, back in your home country.

Once the selling is confirmed, we will appoint the lawyer on your behalf to process the legal proceeding with the buyer’s lawyer and agent. We manage and co-ordinate the disposal procedure with a hassle-free ensuring all papers work, legal, taxation complies with the rules and regulations of real estate and monitoring the payment schedule of the selling until handover keys to the new buyer.

You may opt to engage Property agent to handle your selling. The normal agency commission will be maximum 3% of the property price, and this fee is subject to 6% service tax. You may also handle the selling process on your own without the need of an agent. Once the buyer confirmed taking up your property, he/she will pay you 3% as initial deposit and later 7% upon signing (Sales and Purchase Agreement) SPA. Balance of 90% will be paid upon receiving Land Office consent.

Only some legal fees and disbursements (excluding stamp duty of transfer of ownership), are require to pay to your lawyer. The whole process would take about average 3-5 months.

GUIDE TO SELLING YOUR PROPERTY IN MALAYSIA- The complete service as follows:

  • Preparation and dress your property interior and cleanliness ready for property viewing
  • Devise a marketing plan, viewing program and monitor effectiveness
  • Collaborate with the competent agents of wide network to market the property
  • Negotiate the right terms and conditions in the selling booking best to your interest
  • Ensure the whole selling process in order until the complete handover by buyer. Legal procedure will take 4 to 5 months to complete
  • Handover and check out property after all payments has been received

[Read:  2014 -The Latest Changes on Real Property Gain Tax]

Feel free to discuss with us on your requirement on your disposal. Call us today at +603-2181 2882 or email us at contact@expatriateadvisory.com to find out more on our Independent Investment Consultant’s service. We simplify your property disposal process in Malaysia!