yeah man, that's a necessary cost to purchase a property, stamp duty itself occupied 60% (+-) out of total SPA charges, so if it is confirmed that you are entitled to the waiver, you are very lucky already since you can save a lot of your money.

Great, many thanks
1 more thing,
The waive of MOT's stamp duty will automatically waived and calculated in the bill?
Or we have to apply it through some website or some government office?
Or we have to pay 1st then only claim? 🤔

Hi Guys, wanted to ask regarding the stamp duty waiver announcement yesterday. Will it be entitled for non-first house buyer?

Also noob question, this is my first time in my life getting a property loan. but I have co-named with my parents on a house. will I still be consider as first house buyer?

need to apply. lawyer will do for u.

dont need to pay & claim back. once approve then no need pay.

several conditions must be met

1. first time homebuyer (ur name cannot appear on any other property even if u didnt 'buy' it)
2. spa price below 1mil
3. spa date must be between 1.1.2019 - 30.6.2019

only stamp duty waived. u still need pay legal fees n disbursements to ur lawyer.

My SPA date is 2 months before 2019....

So I cannot get waiver? How about a discount?

Property price at 560k...

Updates:

The lawyer said SPA legal fees are borne by developer. So the Stamp Duty of Transferred section is empty. What does this actually mean? I don't have to pay MOT? Confusing

Hi Guys, Im a first home buyer and looking to purchase a property under 1 million.

These days,there are many developers that offer 'free MOT'(free legal fee and free MOT stamp duty)' as part of their sales promotion.

I wonder, if i purchase a property from these developers, are they supposed to give further price deduction( i mean deduct the MOT expenses)  as they need not pay the MOT on my behalf?

Been asking few developers that offer 'free MOT', but so far they are not willing to further reduce the price. :-(

Advice from anyone is very much appreciated. Thanks a lot.

Hi Guys, wanted to ask regarding the stamp duty waiver announcement yesterday. Will it be entitled for non-first house buyer?

Also noob question, this is my first time in my life getting a property loan. but I have co-named with my parents on a house. will I still be consider as first house buyer?

Is the stamp duty waiver applicable for property up to an amount of 300k or 1m? Seems to be conflicting information online.

This website suggests 300k:
https://malaysiahousingloan.net/calculate-s...me-house-buyer/

While this article mentions 1m:
https://www.malaysiakini.com/news/450220

Also, is the stamp duty waiver applicable for any property or only from selected developers/projects?

I know only first time buyers are eligible for waiver of stamp duties on S&P/loan agreements. How about the waiver of stamp duty on MOT which is added later? Anyone here can confirm with source?

Recently I made booking for house. In my booking receipt it mentioned below statement:

S&P legal fees & stamp duty borne by developer
MOC legal fees & stamp duty borne by developer
MOT legal fees & stamp duty borne by purchaser

I'm quite blur what is different between moc & mot? As nothing much i can find about these 2 things.
Is it moc is referring to bank loan fees?

download from here

loan - pg 6. effective only from 1jul2019 onwards

spa - pg 48-54. 'instrument of transfer' means MOT.

below 300k - can be subsale/ developer
below 1mil - must be from developer. any residential project.

Hi, if im first time homebuyer purchasing service apartment (commercial title HDA status) under RM1million can I get the 100% stamp duty waiver?
...... 5) In this paragraph—
“residential property” means a house, a condominium unit, an apartment or a flat purchased or obtained solely to be used as a dwelling house; ......

Thank you.

if your SPA is under schedule H of the HDA then can get.

MOC - Memorandum of Charge, it's a document required to be perfected when the individual document of title to your property has been issued by the relevant land authority
MOT - Memorandum of Transfer, it's the document which will have your name endorsed and registered in the individual document of title to the property. this guarantees your right as the owner of the property. Vital!
Sale and Purchase Agreement stamp duty refers to the nominal stamp duty chargeable. All documents are required to be stamped in order to be admissible in court and more importantly a required documents before your bank will release any monies from your loan.

MOT stamp duty is the stamp duty payable to effect the transfer of the property to you and is calculated in the ratio provided in the stamp act. Generally, the higher the purchase price, the higher the stamp duty.
Sale and Purchase Agreement is not MOT. Sale and Purchase Agreement is the contract between the developer and you indicating the terms and conditions of the purchase. it's the legal binding document giving rise to the purchase.
Stamp duty for Memorandum of Charge is calculated based on your loan amount as well. the formula is X x 0.5%, where X is your loan amount.

download from here

loan - pg 6. effective only from 1jul2019 onwards

spa - pg 48-54. 'instrument of transfer' means MOT.

below 300k - can be subsale/ developer
below 1mil - must be from developer. any residential project.

Seeking your value advice.
As the summarize page as below:



Question:
1. However, stated at para a) both loan agreement and S&P for property under 300k will get full waiver from 01 Jan. No need to wait until 01 Jul onwards (as per your statement).

2. What if you buy something in the middle of a) and b).
Example 400k property today from the subsale market. Do you get stamp duty waiver for the first 300k?
a) no meet caused is above 300k.
b) no meet caused is before 01 Jul.
c) no meet caused is not from developer units.

Anyway, I guess the summarize page caused confusion and not really co-relate with each of the perintah.
So I think the safest for first home buyer now is to wait and only start buying after 01 Jul.
What is your opinion?