Hi All Sifu,

As know the 2008 bugdet announcement that properties under 250k will discount 50% for stamp duty .

Do anyone know is this effective immediately or year 2008?

Bcoz banker told me effective on the announced date but legal firm told the different.

i suppose it is effective on 2008 onwards.

Is the gazette out?

History has proven that it is prudent to make major decisions only after one has seen the gazette.

I'm in the process of buying a house and the stamp duty already given discount of 50%. The proposal is effective for sale and purchase agreements executed from Sept 8, 2007, to Dec 31, 2010.

To Ju-On, I think you need to change your lawyer.

Thanks All.
Is anyone know which department that i can call to verify this issue.

You can call LHDN to clarify it. that's what my lawyer told me.

guys... the 50% dicount if the fees for title transfer rite only? or loan stamp duty as well?

I was told by my lawyer as well. The 50% is not effetive yet. She said the Housing Kementerian haven't issue official MOT letter yet.

The lawyer said, she will write rayuan letter once the MOT letter is out to Housing Kementerian.

You should call LHDN or Housing Kementerian?

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Added on January 18, 2008, 3:50 pmThis is the feedback I received from LHDN today.

Tuan/puan,

Emel tuan/puan bertarikh 16 Januari 2008 dirujuk.Terima kasih diatas e-mel tuan/puan.

Harap maklum pengecualian duti setem diberi sebanyak 50 % kepada setiap individu ke atas pembelian rumah kediaman yang berharga tidak melebihi RM 250000.00 yang diumumkan dalam Bajet 2008 telah berkuatkuasa serta-merta (mulai sekarang) di LHDNM walaupun warta belum dikeluarkan oleh Menteri Kewangan.

Untuk sebarang pertanyaan yang selanjutnya sila hubungi mana-mana cawangan LHDNM (Unit Duti Setem) yang berhampiran.


Sekian, terima kasih.

Yew Swee Choo
Pusat Khidmat Pelanggan
JabatanPemprosesan
b/p Ketua Pegawai Eksekutif/Ketua Pengarah Hasil Dalam Negeri
Lembaga Hasil Dalam Negeri Malaysia .
YSC 039/18.01.2008


This post has been edited by wongck: Jan 18 2008, 03:50 PM

i buying my 1st house at 240k in puchong..so how much should i pay for the stamp duty?

@hanif444,
And wouldn't the developer or ur lawyers be able to give u more accurate information than us?

i buying 2nd hand house..so far i dun trust on my property agent..i need to know more detail..

@hanif444,
Am afraid I don't know what the answer to ur question is - let's hope other forumers be able to help. Also, I thought the 50% discount is onli applicable to first house purchase.

50% discount applicable to 1 house per person, doesnt matter new or second hand house and its for a limited time only.
from my experience, by default they wont give you the 50% discount, you have to ask your lawyer to write to the tax office.

RM250k can't buy much here in KL - what for want to implement such stuff?! *ish* Onli benefit those who's staying in the outskirts

250k..low cost house,apartment even condo...

@hanif444,
It's not impossible, just difficult! *ugh*

ok..it true...

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Added on June 3, 2008, 4:36 pm

so anyone can help me on this?Or any lawyer has done 50% stamp duty for buyer here?Might share the contact with me?

Just pm me..thanks alots...

This post has been edited by hanif444: Jun 3 2008, 04:36 PM

I bought my house cost RM213k. 50% stamp duty is waived by gov. My developer absorb the rest 50%. Total I paid RM840 to my lawyer. I just signed the legal documentation last monday.

To TS, yes the 50% stamp duty waiver already applicable

hi ronald,want me intro my lawyer to you?
since u dont trust the property agent, better SPA dont folo his/her lawyer =)

we discuss more tomolo okies..

hi all... need some advise here...

im a 1st time buyer, house price at 177K, my lawyer charging me at RM5000++ , i think its a bit expensive, (dont u all think so?) he told me thrs no disc for stamp duty property above 150k, somemore im suppose to meet him another 2 days to sign snp.. wht should i do now? change lawyer? but he had become my witness during my 5k downpayment to the vendor and i have sign letter of downpayment.. besides.. the vendor's lawyer havent got any draft snp from him, wht should i do now? im confusedddd