New!!! Get A FREE Sale and Purchase Agreement & Loan Agreement Quotation Today !
How Much Is Lawyer Fees When Buying A House In Malaysia? One day, I was having a conversation with our associate lawyer. What interesting in the conversation was, she mentioned that some client was unaware that they were required to pay two types of legal fees when buying a house. On that note, I [...]
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% [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
Is first-time house buyer stamp duty exemption applicable to SoHo, SoVo, SoFo and service apartment property? - Stamp Duty Exemption for First-Time House Buyer 2019 Last week we posted a video about stamp duty 2019 and if you missed that video, click the following link to get you there. https://youtu.be/QgqI8fEfDYk In that video, [...]
Budget 2019 has been carefully crafted to balance fiscal discipline and growth. The government commitment in addressing the need for affordable homes, for example, the special RM1bil fund by Bank Negara which can be accessed by purchasers of homes below RM150,000. The mortgage guarantee for buyers with a household income of up to RM5,000 [...]
