Simplified Step by step guide for buyer:

Step 1: Land selection

Contact us, ask as many information you may need and schedule an appointment to survey the plots you are interested in.

Step 2: Contractual Agreement

Should you decide to purchase a land plot, as buyer you will be required to
a)    Sign the Binding Sale & Purchase Agreement (BSPA); and
b)    Pay the Initial Deposit.
This will ensure the land will be taken off the market.

Standard Payment schedule:
15% – Initial Deposit (refundable to buyer until end of the Due Diligence period).
75% – 1st Payment (payable upon Buyer’s approval of Due Diligence and execution of the Sale and Purchase Deed).
10% – Final Payment (payable on issuance of new certificate to Buyer).
 

Step 3: Due Diligence (DD)

Following execution of the BSPA, the acquirer would, through a legal representative or notary, conduct due diligence on the property. 
A standard DD period is set in 2 weeks.
In case of material issue highlighted, the seller has to refund the buyer of the Initial Deposit.
 

Step 4: Notarial Documents execution

In order to formally conclude the acquisition of the property the involved parties would subsequently enter into notarial documents reflecting the acquisition of the property executing a Sale and Purchase Deed (Akta Perjanjian Jual Beli or AJB).
Until full payment of the price is made and any other conditions for completion are met, the notary would hold the land certificates or deeds relating to the property transaction in escrow.
 

Step 5: Title transfer

Once the seller has received full payment and all taxes accruing from the transaction have been paid, the title of the property is transferred and copies of the deeds released to the respective parties. In case of a formal transfer of title over a land plot, i.e. Hak Milik, Hak Pakai or HGB title, the transfer will be effectuated and concluded upon the issuance of the land certificate by the competent land office reflecting the name of the acquirer on the certificate.