The progressive payment schedule for property in Malaysia

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The following is what you need to know about the progressive payment schedule for buying new property under construction in Malaysia.

Within twenty one working days after receipt by the Purchaser of the Vendor’s written notice of the completion of:-

the work below ground level including piling and foundation of the said Building comprising the said Parcel the walls of the said Parcel with door and window frames placed in position the roofing/ceiling, electrical wiring, plumbing , gas piping and internal telephone trunking and cabling to the said Parcel the sewerage works serving the said BuildingOn the date the Purchaser takes possession of the said Parcel with water and electricity supply ready for connection to the said ParcelWithin...

 

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