Description
Penang Batu Ferringhi Freehold Aquarius Apartment For Sale
RM289k Only!
Property Project : Aquarius Apartment
Property Address : Jalan Low Yat, 11100 Batu Feringgi, Penang
Location : Batu Ferringhi, Penang
Property Type : Apartment
Tenure : Freehold
No. of Blocks : 1
Total Units : 92
1. Bank Valuation: RM320,000
Selling Price: RM289,000,
Maximum Bank Loan (90%): RM288,000
Minimum Cash Towards Purchase Price: RM1,000,
2. Estimated Upfront Costs As a first-time homebuyer, if eligible under the current government stamp duty exemption for residential properties below RM500,000, the buyer may enjoy 100% exemption on the Memorandum of Transfer (MOT) stamp duty, resulting in substantial savings.
Item Estimated Cost SPA Legal Fee RM3,612.50
Loan Agreement Legal Fee RM3,600.00 SST
(8% on Legal Fees) RM577.00
Bank Valuation Fee RM690.00
Total Estimated Upfront Fees ~RM8,480 Estimated cash required upfront: Approximately RM9,840, comprising: RM1,000 balance purchase price
3. Estimated Monthly Loan Repayment Loan Amount: RM288,000 Loan Tenure: 30 years Estimated Interest Rate: 4.0% p.a. Estimated Monthly Instalment: ≈ RM1,375 per month
Maintenance Fees: RM185 monthly
For this price you will only get a high density flat and not a low density freehold title condo surrounded by nature