Stamp duty: When purchasing property you will be required to pay a stamp duty on the purchase documents which vary from 1% to 3% of the declared value of the property.
Capital gains tax: There is no longer any capital gains tax on gains when selling property in Malaysia.
Lawyer's fees: If the buyer is consulting a real estate lawyer to assist in the transactions, he has to pay a fee which varies from 0,4% to 3%.
Estate agent's fees: If the buyer is consulting a real estate agent to help him find property, he has to pay a fee varying from 2% to 3%.
Other fees: Further fees have to be included to the expenses, like the registration fee which is currently at about RM 100 and the adjudication fee of about RM 10. All together the additional costs, with some other fees, sum up to about RM 180.
Insurance: Insurance is mandatory, if your property is financed by a bank. Numerous Malaysian and international companies offer property insurance plans. There are three types of property insurance in Malaysia: Fire insurance, Houseowner's Insurance and Householder's Insurance/content insurance. Which one you are purchasing depends on whether you cover an individual house or apartment, a whole building complex or if you only want to cover the contents of the building. All schemes can be extended to cover a broader range of risks.