I just paid my lawyer in full for the stamping fee. He say that need to pay in full first and then the 50% will be returned later from the stamp office. Say that he has submitted a lot of cases for the 50% refund but received no reply from the stamping office. Can someone confirmed if this is true? Thanks.

If you look at this thread http://forum.lowyat.net/topic/527479, all are still left in the dark regarding this issue.

if lawyer said so, then it is so.

just wait patiently and pray for the 50% to come back fast fast lor .... good luck !

This is the feedback I received from LHDN today.

Tuan/puan,

Emel tuan/puan bertarikh 16 Januari 2008 dirujuk.Terima kasih diatas e-mel tuan/puan.

Harap maklum pengecualian duti setem diberi sebanyak 50 % kepada setiap individu ke atas pembelian rumah kediaman yang berharga tidak melebihi RM 250000.00 yang diumumkan dalam Bajet 2008 telah berkuatkuasa serta-merta (mulai sekarang) di LHDNM walaupun warta belum dikeluarkan oleh Menteri Kewangan.

Untuk sebarang pertanyaan yang selanjutnya sila hubungi mana-mana cawangan LHDNM (Unit Duti Setem) yang berhampiran.


Sekian, terima kasih.

Yew Swee Choo
Pusat Khidmat Pelanggan
JabatanPemprosesan
b/p Ketua Pegawai Eksekutif/Ketua Pengarah Hasil Dalam Negeri
Lembaga Hasil Dalam Negeri Malaysia .
YSC 039/18.01.2008

wongck,

Can you reply to that email and ask him whether we are suppose to pay only 50% OR pay 100% first and then wait for reimbursement.

Thanks.

lets hope that we dont have to pay 100% first.
so far my lawyer havent come back to me on the total cost of the stamp duty. pray hard its the discounted one

I thought some lawyers are kind enough to only collect 50% from you ?

mine havent collect yet, they just collect their lawyer fees first, they say will collect the stamp duty after gov return with the amount.

Dont know why accurate the information provided via email from them below...

Tuan,

Emel tuan bertarikh 21 Januari 2008 dirujuk.Terima kasih diatas e-mel tuan.

Pihak kami memohon maaf kerana tidak dapat memberi maklumbalas segera ke atas e-mel yang telah tuan kemukakan

Harap maklum tuan hanya perlu membayar 50% aabila membuat pembayaran duti setem ke LHDNM.

Untuk sebarang pertanyaan yang selanjutnya sila hubungi mana-mana cawangan LHDNM

(Unit Duti Setem) yang berhampiran.

The lawyer who handled buying/selling house that I contacted said this "Offer" only valid untill 2010 and for one house only during that period.

You need to pay 50% only upon assessment done by land office. You need not have to pay lump sum or full amount if you know how to talk to lawyer.

You have option also to choose another lawyer if you do not like the one assigned to you.

You can choose to get loan from another bank too.

You have the right with you.

as what i know, the 50% refund of stamp duty for <250k, it subject to stamping office, although they have a guide line, but not 100% entitle, so normally lawyer will charge u 100% first, in case u are not entitle for this.

i have one customer jz looking for best price, and some lawyer quote very cheap fee, dint quote 50% of that stamp duty only, to attract him assign them, when he is not entitle for this, do u think lawyer wont charge him back meh ? i told him b4 but he insist want to choose tht lawyer.. so i jz prepare to watch movie looh.

your lawyer is responsible and pro, not like those lawyer who want to get more sale, jz quote as low as possible, when everything done, only say have to charge another fee, blah blah blah...

hahaha..my lawyer didnt charge me yet on the stamp duty cos waiting reply from IRB...

I just received my letter from lawyer 2 days ago..& been ask to pay 50% stamp duty as approval been given by IRB

out of topic.. if my house is >250k so need to pay 100% lo..no discount on stamping?

no discount at all

so if buying a house worth rm800K, how much stamp duty
?

Immovable Property

The prescribed rate of duty is as shown below. The duty at this rate is also payable where the instrument of transfer constitutes a DEED OF ASSIGNMENT executed on sale or gift of the contractual interest on the property.

-On the first RM100,000:

RM1.00 for every RM100 or fractional part of RM100.

-On any amount in excess of RM100,000 but not exceeding RM500,000:

RM2.00 for every RM100 or fractional part of RM100.

-On any amount in excess of RM500,000
RM3.00 for every RM100 or fractional part of RM100.

From IRB M'sia

Based on above, i believe stamp duty for property worth 800k is RM 17k

i buying my 1st house at 240k in puchong..so how much should i pay for the stamp duty?

somebody from lowyat gave me this link
http://thestarpropertyloan.money3.com.my/f...Calculator.aspx

thanks bro...

Wow... Very accurate..Thanks ttwangsa
But I did nego with lawyer... get discount

i buying 240k my 1st property now..i ask my lawyer,they say they will submit to LDHM for me..not guaranty can get..depent LDHM approved or not..izzt true??

it is guaranteed, as long as its your 1st property for which you are applying for the discount. each person only gets the discount once. only problem is LHDN sometimes makes a mistake and charges the full one, and then its up to your lawyer to appeal.

my lawyer said have to pay full 1st..then wait for rebate..got such thing?

if it will affect the time frame for the money to be handed over to the seller, you might want to pay first. last time when i bought, i didnt want to pay up front the whole amount, wanted to wait for the apeal, took about 2 weeks before it was approved

i guess in this situation your lawyer is worried that you have claimed the half stamp duty before, and as such will not be eligible this time. and since he has to confirm with your loan lawyer that you have paid the stamp duty, he wants to protect himself 1st.

but i think most lawyers will just trust their clients over something small like this. some more you have signed a statutory declaration saying this is your 1st time claiming.

sigh... lawyers

excuse me, which stamp duty r we talking about now ? S&P or loan agreement or MOT?

half stamp duty is only applicable for MOT. for s&p, the stamp duty is only rm10 per copy... half wont save you much.

thanks for clarification.

is it 250K and below or only below 250K property ?

im confused if the property is exactly 250K, will it be entittled for the 50% discount?

does anyone know if serviced apartment is entitled to the 50% as well?

I have checked with Tax consultant...
50% stamp duty is on and is available on all residential property <250k

so if the property is exactly 250K ? can't get 50% discount?

no idea woh, didn't ask... just ask discount for 1k la... play safe

serviced aprtment not entittled?

my lawyer gave this to me:

"50% of the stamp duty chargeable on any instrument of transfer for the purchase of one unit of residential property only by an individual not costing more than rm250k per unit..."

residential = house, condominium unit, apartment or flat built as a dwelling house.

yes, my lawyer said the same thing
cos need to submit to bar council first wo

That's good then. I just wanted to be sure.... I have so much trouble looking for loans because the unit i am buying is a serviced apartment. It's like a totally different type of property.

the 50% discount on stamping fees is for Loan or S&P agreement? or both?

only s&p agreement i thinks..

Is for MOT, pay to LHDN. It will cost u around 2k plus if no 50% discount.

Its for S&P agreement. I got mine approved for the 50% discount last month

quick question. is it logic for s&p cost around 9k for 330k house in kuantan?