(eng) Luxury 2.5 Storey Super Terrace Straits Quay Penang | RM3.9million | Scott Seow Penang Realtor

🔗: Click on the WhatsApp link for more info / appointment for visit: api.whatsapp.com/send?phone=6...
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Straits Quay 2.5 storey terrace at Medan Bayu , Seri Tanjung Pinang, Tanjung Tokong (Ariza Seafront Terrace)
📌 Prestigious Location: Straits Quay, Seri Tanjung Pinang, Tanjung Tokong, Penang (Medan Bayu Seri Tanjung Pinang)
📌 Land area 3,939 sq ft (365 square meter)
📌 Built up area 3,781sf (351 square meter)
📌 4+1bedroom
📌 5 bathroom
📌more info & floor plan please click here: www.mypropertydeals.com.my/ar...
📌 Cost to own this property ?
IF: Sales & purchase agreement follow RM 3,900,000
(if purchase by loan, 90% margin) Loan agreement RM 3,900,000 x 90% loan = RM 3,510,000
📌*Total fees involved (estimated only)
1. Legal fees for sales & purchase agreement RM 29,000 (estimation)
2. legal fees for loan agreement RM 27,000 (estimation)(exclude this if purchase by cash)
3. MOT stamp duty RM 140,000 (cannot discount , give to government 💸🙈)
4. Loan stamp duty @ 0.5% of loan amount = RM 17,550 (cannot discount , give to government 💸🙈)(exclude this if purchase by cash)
5. down payment 10% (if loan @ 90%) = RM 390,000
6. agent fees 1% of nett purchase price include SST RM 41,340
*total estimated fees / cash involved RM 644,890
(applicable to foreigner, paid to government)
7. State Consent RM 30,000
8. State level @ 3% of purchase price = 3% x RM 3.9m = Rm 117,000
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时间线Timestamp:
00:00 : scenes
00:08 : drone shot for straits quay house/ property
00:20 : intro for the 2.5 storey terrace, medan bayu seri tanjung pinang
01:00 : entrance, study area, bathroom
01:59 : kitchen, washing area, maid room
03:10 : courtyard, living area, extra land, backyard
04:27 : all bedrooms at level 1
07:33 : top floor
09:10 : summary, conclusion
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Project Name: Ariza Seafront terraces, medan bayu seri tanjung pinang
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Selling Price: RM 3,900,000
(please contact me to check for availability/ arrange for a visit)
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Scott Seow - Focus on Sharp Details
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[@wanderingsoul2909]

Hi Scott, another good "High Roller" property. The description shows estimated purchase closing costs. I was also interested in holding cost property taxes: "Quit rent is an annual land tax imposed on private properties in Malaysia while parcel rent is its equivalent for stratified properties - both are payable to the state authority. Meanwhile, assessment tax (Cukai Taksiran) is collected by local authorities to finance the construction and maintenance of public infrastructure." Maybe you can discuss these taxes in the future ? Thanks :)

[@scottseowrealestate]

Yeah I'm planning for it… … … but…… at least 2 months later… short of hand and time