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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 [...]
Today, someone asked Can you guarantee to get a stamp duty exemption for first-time house buyer? We said, "Nope, we can't guarantee it." And he goes on and on about, someone can guarantee it. Now, maybe he doesn't understand the process of getting the stamp duty exemption. It is not up to the lawyer, [...]
Question: Can I transfer half of the house to my spouse & get 100% exempted? Hi, I just bought a property under my name. The loan is under me as well. My agent tells me I can't add my girlfriend's name as we aren't married, and I applied for the loan on my own. [...]
Question: Stamp Duty (Remission) Order 2014 provides for the remission of 50% from the stamp duty chargeable on any loan agreement to finance the purchase of only one unit of residential property costing not more than RM500,000, subject to the stipulated conditions. and this order came into effect on 1 Jan 2015, and are [...]
Today, we received a question about the Perfection of Transfer (POT) & Perfection of Charge ( POC ) from a client. The question is quite general, but I believe some of us might benefit from this. So, this is the story. Five years ago, I bought a condominium from a developer. The property price [...]
Our Finance Minister announced Budget 2020 Malaysia today, and it's quite a comprehensive Budget 2020 that I think will make lots of us very happy. It is a reasonable budget for 2020. It covers a few critical subjects like the move to abolish tolls by stages, Bantuan Sara Hidup ( BSH ) to a [...]
It's that time of the year again where our Finance Minister will announce the new Budget 2020 Malaysia. The new Budget 2020 Malaysia will be announced on 11th October 2019, Friday. It's going to be the second time the new Pakatan Harapan government table their Budget. Budget 2019 theme is Credible Malaysia, Dynamic Economic, [...]
Do you want to know the most commonly asked Stamp Duty Malaysia 2020 Questions? It's been one year since our Finance Minister, YB Lim Guan Eng announced the new Stamp Duty Malaysia 2019 changes. Consequently, the announcement has to affect all of us when we buy a new house from the property agent, seller, [...]
You have a house. Or your parents have a house, and they want to transfer the house to you or your sibling. So, how you're going to do it? Not many people in the industry have experience in doing it right. Well, most will take the easy way by suggesting you do a [...]
Hey guys, This week video, we're going to talk about The Difference Between Master title, Individual Title, and Strata Title. Make sure to hit the subscribe & like button on our YouTube channel and comment on questions or ideas you want to see here. For more Home Loan information and enquiry, please call/ [...]
