What is the process of buying a house in Malaysia? What are the pitfalls of investing in real estate in Malaysia?

What is the process of buying a house in Malaysia? 1. To buy property management in Malaysia, you must hire a real estate lawyer to help with the sales. Once you decide to buy a property, you need to pay a down payment.

2./kloc-Sign the house purchase agreement within 0/4 days.

3. Pay in installments according to the prescribed procedures.

4. The sales contract must be stamped with the clothing stamp, and then submitted to the property management price department for review.

5. The transfer must be registered in the Land Resources Registry.

House purchase cost 1, contract stamp duty 1%-3%.

(1) The price of the first property 100000 ringgit, and the collection rate1%;

(2) Followed by RM 400,000 and RM 400,000, with a collection rate of 2%;

(3) For the excess, the levy rate is 3%.

The lawyer's fee is 0.4%- 1%( 1). The industry value is RM 65,438+0.5 million, and the cost is RM 65,438 +0%.

(2) RM150001-850000, with a cost of 0.7%;

(3) 850,0001-2,000,000 with a cost of 0.6%.

Other expenses (search fee, evaluation fee, etc.). ) 180 (equivalent to 400 RMB) Foreigners can buy a house in Malaysia, and most foreigners can also buy a house in Malaysia at will. The following properties are excluded: properties with a price below1100,000, low-cost housing enterprises designated by the district government, properties with engineering construction in reserved areas of Malaysia, and properties designated by government departments as indigenous enterprises under development. There is another important point: in Malaysia, it is impossible to buy a house and immigrate.

Malaysia has two kinds of property rights: 99 years and permanent property rights. In the case of buying real estate, it must be marked. Malaysia's real estate area is basically a specific total area, there is no shared housing area, and the real estate is basically renovated. Even if you don't settle in Malaysia in the future, you can rent or sell your own house.

What are the pitfalls of investing in real estate in Malaysia? Foreigners who invest in Malaysia to buy a house will pay 30% of the value-added part within five years and 5% of the value-added part after five years. Local Malaysians pay 30% of the value-added part in three years, 20% in the fourth year, 15% in the fifth year, and tax exemption policy for five years and above.

You have to pay all kinds of fees to buy real estate. First, the purchase of Malaysian real estate must pay lawyer's agency fee, GST tax and individual tax. Then, if you don't need to pay in the transaction, you have already paid the real estate agent, and the price of the house will double.