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Question: Hi, what would the property stamp duty fee be if it includes stamp duty exemption for purchase price RM500k and RM550k? Thanks in advance. Answer: Hi N, thanks for the question. Here is The Property Stamp Duty in Malaysia scale. For the first RM100,000, 1% From RM100,001 to RM500,000, 2% From [...]
Are you buying a house? This Property Stamp Duty Malaysia scale might come handy. The property market at first seems to be challenging in the year 2020, but surprisingly the Central Bank reduces overnight policy rate (OPR), and this seems like a good year to do some borrowing. Since the announcement of the overnight [...]
Property stamp duty can be a considerable amount to pay when buying a house. Still, you might entitle to a property stamp duty exemption; continue to read this article to find out more. Some might see this year as a challenging year; spending on any big purchases such as houses or cars are very [...]
Hi Melissa, I bought an apartment in year 1998 directly from the developer. Recently, I received a letter from liquidator requesting me to assign my own lawyer for POT. Stamp duty should be calculated from purchase price or market price? Some lawyer quote me from purchase price, some by market price! Answer : [...]
Do you know you have to pay Legal Fees For Buying A House? And that's not the only cost you will need to pay. Want to find out more about SPA Lawyer Fee? This is the article for you. When buying a house in Malaysia, you will need to hire a lawyer to [...]
The Short-Term economic recovery plan or in Bahasa Melayu is Pelan Jana Semula Ekonomi Negara was announced today (5 June 2020), by our Prime Minister, Tan Sri Muhyiddin Yassin. It's a 19 pages long speech that craft carefully and detailing all the economic recovery plan for Malaysia for the next couple of months. One [...]
Stamp Duty Exemption Malaysia 2020 Are you going to buy a house for the first time in the year 2020? Then this Exemption For Stamp Duty can be handy to you. When buying a house, the property stamp duty can stand a considerable amount compared to other fees involved. So, let's get to [...]
