My mum and aunt owned a serviced condo. I have been paying half d loan for the house since my mum no longer working together with my aunt. Now my aunt intend to sell her portion to me. I wanted to do transfer of title from my mum to my name too. And takeover my aunt’s portion at the same time.
Any idea how I can proceed to do so?
Heard of transfer of property title under kasih sayang (love and affection) but only half of the house title belongs to my mum. Can I still proceed with this?
Can someone advice which is the first step for me now ?
Engage solicitor ? Or find a bank to get loan first?

Looking for some cost savings on getting the transfer of title done. (Save in MoT and etc )


Many thanks.

S and P lawyer to do the transfer of the property + property TAX

Make sure you value the house as low as possible or even lower than the market value (as you are buying from relatives, i think its possible), this is so that both your mom and aunt, dont have to pay capital gain tax.

Obtain a bank loan to service the remainder of the loan + amount owed to your aunt.

Things to take note
1. get a good rate from the bank
2. make sure you are clear to the bank and lawyers that you are only buying over your aunt portion and the remainder of the house loan.

If the house is fully paid (if it is not you can use cash to settle the remaining loan and your aunt portion) then you can just engage a lawyer to do the transfer. pay only a lawyer fee and low stamp duty.

Still paying loans to the bank.

Any recommendation on which bank n lawyer which gv good service and charge reasonably? Preferably in subang area.

really depends on which bank you are close with.

I get better rates at the bank where i have premier accounts.

For this case recommend you do S&P from your mum and aunt to you. because you will have to "buy out" your aunt's portion.

Yes you can get 50% off the Stamp Duty under Love & Affection when filing for the MOT.

I can recommend you the lawyer that did a similar case. Pm if you want.

50% exemption only her mom's portion isnt it?

50% on the mother's portion. For the aunt's portion will be full amount.

Which is 75% of the grand total I believe.

yes. under kasih sayang scheme only children & parents. and siblings only. others cannot