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Recent content by ymike27

  1. Y

    All about cars in Malaysia

    Dear Bros and Sis, Kindly please recommend a good tyre shop at around Bukit Indah / Bestari area. TQ !
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    Bukit Indah - The Address

    SP Setia employs their own security officers to patrol Bukit Indah. I was told that they are affiliated to the Police too.
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    General Help

    Re: Urgently Needing to Sell Away Nusajaya Properties I believe you could....provided the developer could grant you their consent (usually at a penalty fee). Condo under construction would usually still be under a master title. In order for you to sell now, developer would need to do some...
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    Eco Botanic @ Nusajaya

    Thanks Bro. That's a very nice gesture of you. 1. Any bungalow units ? 2. Do they absorb legal feel & stamp duty ? 3. If this is a strata title property, then we may only need to pay the stamp duty for MOT only when the master title is converted into strata title. 4. What are the...
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    Eco Botanic @ Nusajaya

    Please enlighten me how exactly do they plan to carry out the balloting : 1. First pick your unit and then go for ballot; OR 2. First go for ballot, and if selected, then go pick your unit. Thanks....
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    Legal issues/questions - Anything to do with lawyers and banks

    There are 2 legal fees : 1. On S&P - Use S&P selling price to calc 2. On Loan - Use loan amount Both use the same schedule/scale. Now there are also stamp duty: 1. On S&P - Use S&P selling price or valuation price, whichever higher 2. On Loan - Use loan amount Both are 0.5%.
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    Legal issues/questions - Anything to do with lawyers and banks

    Legal fee is 1% on 1st 150k & 0.7% on next 850k. So your facility agreement should be 4.5k. Would suggest you nego for 50-65% scale fee, i.e., get down to ~2.3-2.9k. Then add legal charge of ~10% & 6% government tax => 2.7-3.4k. Stamp Duty is flat 0.5% on loan amount => 2.9k. Not sure why...
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