The price on the listing is only part of what you will spend. This guide lists the cost items to plan for so there are no surprises. We do not quote tax rates or fee scales here because they change, so confirm the current figures with your lawyer and bank.
1. The money you need up front
- The booking deposit when you make an offer.
- The down payment, which is the part of the price the bank does not finance.
- Legal fees for the sale and purchase agreement and, if you take a loan, the loan agreement.
- Stamp duty on the transfer and on the loan documents, where they apply.
2. Costs people often forget
- Renovation, repainting and any furniture or appliances.
- Moving costs and utility deposits.
- Outstanding bills on the unit that should be settled before handover.
- Agent fees, if they apply to your side of the deal.
3. Monthly costs after you move in
- The loan instalment.
- For condominiums, the monthly maintenance charge and the sinking fund.
- Quit rent and assessment (property taxes) where they apply.
- Insurance, parking and utilities.
4. Check your budget before you shortlist
Add up the up-front costs and the monthly costs, then compare them with your savings and income. Browse our area pages and the market page to see typical asking prices, and message Ben on WhatsApp if you would like a side-by-side cost comparison of homes you like.
Frequently asked questions
How much deposit do I need to buy a home in Johor Bahru?
It depends on the price, the loan the bank approves and your situation. Ask the bank for an assessment and your lawyer for the legal costs before you commit.
Are the listing prices the final price?
No. They are asking prices. The final price is agreed between buyer and seller and the extra costs above come on top.