Guidebook on Registering Property in Malaysia.pdf
Guidebook on Registering Property in Malaysia.pdf
Guidebook on Registering Property in Malaysia.pdf
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GUIDEBOOK <strong>on</strong> REGISTERING PROPERTY <strong>in</strong> MALAYSIA2010 ReportDurati<strong>on</strong> forSTPH / STAMPS1 1(105 days) Simplificati<strong>on</strong>andstandardisati<strong>on</strong>of formscaptured bythe checklistfor lawyers.(to benchmarkaga<strong>in</strong>st KualaLumpur LandRegistry).191: Generally purchases from property developers are not referred to JPPH for valuati<strong>on</strong>.The purchase price is normally taken to be the market value of the subject property.2: Both systems exclude the revised durati<strong>on</strong> required for gett<strong>in</strong>g the State approval for c<strong>on</strong>sent to transfer of 21 daysfor leasehold property and for acquisiti<strong>on</strong> of property by a foreigner.3: For Standard <strong>Property</strong> the process can be completed <strong>in</strong> 2 days.