Latest Property Listings

  • Comments Off on Covillea, Bukit Jalil
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Covillea, Bukit Jalil

RM 900,000Jalan Jalil Perkasa 7, Bukit Jalil, 57000, Kuala LumpurBuilt-up : 1,293 sq. ft.Land area : -43SaveDownload PDFDownload PDF

  • Comments Off on The Fennel, Sentul
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The Fennel, Sentul

RM 928,000Sentul Selatan, Sentul, Kuala LumpurBuilt-up : 1,186 sq. ft.Land area : -333SaveDownload PDFDownload PDF

  • Comments Off on M city, Ampang
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M city, Ampang

RM 868,000Jalan Ampang, Ampang, 50450, Kuala LumpurBuilt-up : 911 sq. ft.Land area : -121SaveDownload PDFDownload PDF

New property and Subsale

Property Market Value Vs Selling Price

Property market price is determined by fluctuations of supply and demand, it indicates that someone is willing to pay for a price of an asset, refer to who is motivated, but not cause by compelled to buy a property. It is the best price reasonably obtainable by the seller and buyer at the date of the valuation.

Malaysia Valuation Standard (MVS) define Market Value is the estimated amount for which a property should exchange on the date of valuation between willing buyer and a willing seller in an arm’s-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without compulsion.

Normally, property price will be transacted on its market value, otherwise purchaser has to top up the amount of differential sum between purchase price and loan financing amount.

Agreement to Purchase/Offer to Purchase

Terms and Conditions

Deposit: Ten (10%) percentage of total purchase price as deposit inclusive of 3% earnest deposit shall pay to Vendor upon signing of Sale and Purchase Agreement.

Balance Purchase Price: The ninety (90%) percentage of balance purchase price shall be paid within ninety (90) days from the date of signing Sale and Purchase Agreement or obtaining developer confirmation or consent, land office consent, or foreigner consent or any relevant authority consent or obtaining certificate of completion and compliance or certificate of fitness whichever is later and applicable.

Extension of Payment of Balance Purchase Price

In the event of purchaser failing to pay the balance purchase price within the specified period, purchaser is granted the extension of one month or as agree period, with the interest rate of eight percentage (8%) or as agree percentage per annum on the balance purchase price, calculated on a day to day basis on the balance outstanding of purchase price.

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