Stamp duty, RPGT exemption
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 Jun 9 2020, 11:24 AM
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#1
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Junior Member
145 posts Joined: Oct 2009 
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Hi i believe under HOC campaign, sub sales was not covered but only cover Developer unit in this case.
RGPT exemption potentially to obtain more discount from the buyers as they are not require to pay any taxes on the gain of disposal, however this might be really subject to case by case basis. |
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Jun 9 2020, 11:52 AM
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#2
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Junior Member
145 posts Joined: Oct 2009
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QUOTE(CSW1990 @ Jun 9 2020, 11:28 AM) I thought all the while for most developer units the stamp duty and legal fee are already exempted or absorbed by developer already ? It depend on the developer but like you mention most of the time legal fee developer do cover.  There are two element under HOC: 1. MOT 2. Loan Stamp duty I do know quite alot of developer sometimes does covered into loan stamp duty also but MOT was hardly covered by developer |
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Jun 9 2020, 03:15 PM
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#3
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Junior Member
145 posts Joined: Oct 2009
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QUOTE(Autocountstick @ Jun 9 2020, 12:35 PM) sub sales still subject for stamp duty ? If you are referring to Loan stamp duty, as long you are taking a loan to purchase a property then you do subject to Loan Stamp Duty, unless cash buy. |
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