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Hi. I am in the process of buying in cash a ready built condominium which is 5 years old direct from the developer but the sale would be classified as a sub-sale. I have paid a booking of RM1000. According to the letter of offer for the Sale I am required to pay 10% within 14 days of submitting the Letter of Offer. How then will the remaining 90% be paid? The SPA & Valuation Fee is FOC. Do I need to engage a lawyer to handle the legal necessities of the Sale & Purchase for my side (buyer), if so, when should I engage a lawyer. What would the legal fees be like? Apart from those mentioned, what other overhead fees should I be concerned with? Thanks.
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1 Answer

Morgan Koh
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Hi, If this transaction as sub-sales. You may engage a solicitor for the SPA. You can contact me to intro you reliable and experience's solicitor. there is is standard calculation for the legal fees. You can easily find the details via google search. but that is before special discount. If you need further info, feel free to contact me. 016-6968923  (Morgan Koh) REN06063 Read More
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