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Stamp Duty Question & Answer Client Question: Me & my wife plan to buy a property at BM, Penang, with price 435k on July’19, she is a 1st-time buyer but not for me, will entitle stamp duty exemption? Answer: Yes, there is. Only 50% of the property. If the property value is RM435,000, 50% [...]
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 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 [...]
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 [...]
