Category Archives: Property

Will Penang Property Price Continues to Shoot Up?

Posted on July 26, 2011 by David Lee

Nowadays, the property price in Penang Island is far beyond the normal working adult can afford. We also know that lowering down the house price is not going to happen in Penang due to the building construction cost and the … Continue reading →

Posted in Property | Tagged , | Leave a comment

Malaysia Housing Loan Packages

Posted on December 15, 2010 by David Lee

Do you know how much of the latest mortgage rate for our home loan packages? As we known, banks keep on revising the mortgage rate from time to time. Therefore, we cannot tell the exact mortgage rate to someone. Based … Continue reading →

Posted in Bank & Investment, Property | Tagged , , , , , , , , | Leave a comment

How to Calculate Real Property Gains Tax?

Posted on October 11, 2010 by David Lee

Under Budget 2010, effective from 1st January 2010, Real Property Gains Tax (RPGT) has been re-imposed and it has fixed at 5% on the gains from the disposal of real property. The RPGT for the first year is 5% and … Continue reading →

Posted in Finance Tips, Property | Tagged , , , , , , | 3 Comments

50% Stamp Duty Waiver For House Purchased

Posted on August 24, 2010 by David Lee

Now I only realize that there’ll have 50% stamp duty exemption on transfer for the purchasing house which costing not more than RM250,000. This stamp duty will be charged on any loan agreement that is executed between buyer and bank. … Continue reading →

Posted in Property | Tagged , , | 8 Comments

Can Seller Cancel A Property Deal After Receiving Booking Fee?

Posted on August 21, 2010 by David Lee

I am wondering whether seller has the right to cancel a property deal after receiving the booking fee from the buyer. This may happen as seller found higher offer later on. Generally speaking, the seller can’t do that. A booking … Continue reading →

Posted in Property | Tagged , , | 6 Comments