Stamp Duty & Legal Fees

Property Stamp Duty 2020 Question & Answer

Property Stamp Duty 2019 Question & Answer Client Question: A property SPA was signed in May 2019 and purchased price RM2.555mio, how much will be the amount of Stamp Duty for MOT? (Not under Home Ownership Campaign - HOC) Answer: The property stamp duty for property price RM2.55 mio are as follow : If [...]

Home Loan Question & Answer (auction house) Stamp Suty

Home Loan Question & Answer Client Question : Hi, I would like to know if I’m buying auction house did I still can get the exemption for stamp duty? MHL Answer: Hi, Thanks for your question and it is an excellent question. If you're a first-time house buyer and buying an auction property, the [...]

Home Loan Question & Answer

Home Loan Question & Answer Client Question : 1) I bought a property since last year December, and I am a first-time buyer. Am I qualify to apply for the stamp duty exemption? 2) If yes, what should I do & where can I apply this? MHL Answer: Hi, Thanks for your questions. If [...]

Stamp Duty Changes After 1st July 2019

If you're going to buy a house after 1st July 2019, I'd suggest reading till the end of the article. There are a few Stamp Duty Exemption will be ended by 30th June 2019. And there are a few will be started effective 1st July 2019. So, let's talk about the one that will [...]

Is first-time house buyer buying RM450,000 property price entitles for stamp duty exemption?

Client Question: Hi, If I buy property price 450k SUB SALE first timer. Am I entitle for the exemption of stamp duty? MHL Answer: This year there is two stamp duty exemption for a first-time house buyer. The difference between these two exemptions is the property price. The first exemption. 1. If you buy [...]

Is it true that the transfer of ownership has to be done after five years of staying in the property?

Client Question: Is it true that the transfer of ownership has to be done after five years of staying in the property? How much is the stamp duty? MHL Answer: Once the property completed, the transfer of ownership can be done. However, there is a specific house like under 1Malaysia People’s Housing (PR1MA) program [...]

Q & A : Stamp Duty exemption for first-time house buyer 2020

Q & A : Stamp Duty exemption for first-time house buyer 2020 We received these enquiries on Sunday. The enquiries are about Stamp Duty exemption for first-time house buyer. And we thought why not share the conversation to benefit all. Question: Mr. E : Hi I'm Mr. E here. sorry to bother you. Just [...]

Transfer Of Property From Parent To Child In Malaysia

Hey guys, This week video, I'm talking about the benefit of transferring the property from a Parent to Children. Recently, we received lots of questions about this topic. Some parents wonder should they transfer their existing house to their children now? As they're getting older, they want to make sure their children will [...]

Divorce Case With Property

A few weeks ago, we have a client that going through a divorce and need to transfer their existing property to one of the spouses. So, we're going to talk about the divorce topic today. I believe, no couple wants to go through a divorce. But, if the divorce is going to make two [...]

Appoint The Same Lawyer For SPA And Loan Agreement

Question: My banker don't allow me to appoint my Sale & Purchase Agreement Lawyer as the Loan Agreement Lawyer. Can they do that? Answer: #HomeBuyingTips First of all, know your rights. Don't let anyone stripe your right when buying a property. 1. You can always appoint your own Sale & Purchase Agreement Lawyer. 2. [...]

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