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 Buy the house with strata title or without?

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post Oct 23 2017, 02:02 PM

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QUOTE(fun_feng @ Oct 23 2017, 12:47 PM)
Which house should I get?
I am under the impression that since House A already have the strata title, I do not have to pay that hefty sum imposed on the Memorandum of Transfer (MOT). Is this true?
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It’s wrong. Regardless of whether the property has obtained strata title or not, you (as the buyer of second hand property) need to pay the stamp duty on MOT.

 

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