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wild_card_my
post Jul 3 2015, 10:43 PM

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QUOTE(cute_miao @ Jul 3 2015, 10:12 AM)
perhaps u can see, stamping fees...will u get 50% if its ur 1st home
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But that is only for transfers of lower than RM500k in value... good info for those not in the know though
SUScute_miao
post Jul 4 2015, 07:03 AM

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500k and below or below 500k
wild_card_my
post Jul 5 2015, 01:28 AM

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QUOTE(cute_miao @ Jul 4 2015, 07:03 AM)
500k and below or below 500k
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500k and below. That means even if the SPA price is RM500k, you can still get the 50% discount on the stamp duty of the SPA. Thanks for asking, so I could clarify.

Also, this applies to the stamp duty for BOTH the SPA and the LA (legal agreement)

This post has been edited by wild_card_my: Jul 5 2015, 01:30 AM
SUScute_miao
post Jul 5 2015, 02:49 AM

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QUOTE(wild_card_my @ Jul 5 2015, 01:28 AM)
500k and below. That means even if the SPA price is RM500k, you can still get the 50% discount on the stamp duty of the SPA. Thanks for asking, so I could clarify. 

Also, this applies to the stamp duty for BOTH the SPA and the LA (legal agreement)
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Unfortunately i csnt enjoy it anymore now...
Liaw88
post Jul 5 2015, 09:20 PM

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Do ask for quotation for legal fee for both S&P and loan documentation from different law firm. The stamp duty and valuation fee is fixed. There is calculation for legal fee but usually they will mark up. Even bankruptcy search can be charged double.

I've got all legal fee plus stamp duty&valuation for 10k all in for a property price 440k. If i did not ask for discounts, I will be charge 16k. Find law firm that have good clerk, the clerk that incharge of my loan is very fast and helpful.
khoo118
post Aug 28 2015, 09:08 AM

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Asking all the expert , usually when shall we paid the balance of the loan amount to the SPA lawyer after signing the SPA ? Thanks
iluvcalculus
post Aug 28 2015, 03:00 PM

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QUOTE(khoo118 @ Aug 28 2015, 09:08 AM)
Asking all the expert , usually when shall we paid the balance of the loan amount to the SPA lawyer after signing the SPA ? Thanks
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You can pass the balance to your lawyer when signing SnP, or lawyer will inform you when you shall pay.
For freehold most likely when your loan almost disburse, the valuers will contact you first, at that time you also need to pay for the valuation fees.
Mine is almost 2 months and the lawyer ask to pay
PenangLaksa
post Sep 6 2015, 10:22 AM

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removed.

This post has been edited by PenangLaksa: Sep 10 2015, 02:15 PM
PenangLaksa
post Sep 21 2015, 11:36 PM

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QUOTE(Liaw88 @ Jul 5 2015, 09:20 PM)
Do ask for quotation for legal fee for both S&P and loan documentation from different law firm. The stamp duty and valuation fee is fixed. There is calculation for legal fee but usually they will mark up. Even bankruptcy search can be charged double.

I've got all legal fee plus stamp duty&valuation for 10k all in for a property price 440k. If i did not ask for discounts, I will be charge 16k. Find law firm that have good clerk, the clerk that incharge of my loan is very fast and helpful.
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Hi please can you PM me their contact? Thanks a lot.
allophylus
post Oct 25 2015, 10:30 PM

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QUOTE(wild_card_my @ Jul 2 2015, 06:25 AM)
If you need a recommendation for the S&P as well as Legal Agreement lawyer, let me know. I'll hook you up.
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Hi I am going to place a booking for a property soon, please pm me the lawyers contacts. Thanks.

 

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