All Topics / Overseas Deals / Malaysian property

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  • Profile photo of ctaingctaing
    Participant
    @ctaing
    Join Date: 2006
    Post Count: 111
    August 10, 2006 - 7:08 am

    Hi, I’m about to sell a property to my tenant. It is the best win-win situation for us.

    The trouble is the conveyancing cost there is high and carries a full service lawyer charge of over RM 4000 in comparison to AUD 550 to 600 here. Interestingly, the normal practice is to used the buyer’s solicitor to close the deal.

    Any comment from anyone with Malaysian property selling experience?[blush2]

    Profile photo of ctaingctaing
    Participant
    @ctaing
    Join Date: 2006
    Post Count: 111
    August 20, 2006 - 7:59 am

    I quess I’ll reply as no one can offer insight.

    I’ve since found a reputable lawyer (Skrine Malaysia) myself through the web. He is as thorough as it gets. It has been the best slept few nights I had since he was able to answer all concerns I have in the deal.

    Btw, I was told only to use the buyer’s lawyer when the transfer of title invoves relatives and loved ones, definately not to your average tenant.

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