The real cost of buying a property in Malaysia
Beyond the purchase price you pay stamp duty on the transfer, duty on the loan agreement, legal fees on both documents, a valuation fee and disbursements. On a RM600,000 purchase with a 90% loan the upfront cash is about RM83,600: the RM60,000 downpayment plus roughly RM23,600 of fees. If it is your first home, is residential, and the price is RM500,000 or below, the transfer and loan duties are exempt in full (for sale and purchase agreements dated 2021 to 2027). Run the Total Cash Needed calculator with your own numbers.