Buying Property Procedures

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Payment Procedures

100% Purchase Price

2% or 3% or others upon booking – signing of letter of offer to purchase

8% or 7% or balance 10% to be paid upon signing Sale and Purchase Agreement

90% within 3 months from		(a) Date of S&P (property with title with restriction)
		(b) Date of State Authority’s Consent (property with title with restriction)
		(c) Date of Developer’s Consent (without title, without restriction)
		(d) Date of Developer’s or State Authority’s consent, whichever will be later (without title, with restriction of which SA consent is required)
		(e) Date of receipt of Memorandum of Transfer duly executed by Developer (direct transfer)

*Restriction – Land cannot be sold / transferred in any way without the consent from the State Authority’s