My wife bought her first house > 10 yrs ago,year 2011.. now applying for strata title, first property should be able to get stamp duty exemption? 100% or 50%?

Any sifus know? I ask 3 lawyers, get different answers
1 even say no exemption.. Weird

This post has been edited by LA773: May 8 2023, 05:36 PM

if i not mistaken nope.
dunno which year(probably 2019) only got exemption. (correct me if im wrong)

The exemption follows the SPA date right? 10 years ago no exemption iinm. Correct me if i'm wrong.

wasnt you supposed to sort out during house purchase (snp phase)

10yr ago got exemption?

ask your lawyer please

Ask the lawyer to check whether there is any stamp duty exemption order that covers the date of the SPA. Not all first purchase is entitled to stamp duty exemption.

i didn't know got exemption. already paid full price

oh wai, mine was sub-sale

This post has been edited by Rusty Nail: May 8 2023, 04:54 PM

This shits i still remember. Purchase 500k. Galian valuation 600k knnccb. So no stamp duty exemption even first buyer. Niamaaaaa

From time to time got exemption order.

There is only stamp duty exemption for first property if the government at that time (i.e. 10 yrs ago) made such order. So you need to check your S&P's date and check with LHDN or lawyer whether there is any such order made for that year.

There a cap for those liable first home buyer for stamp duty exemption. Not sure how much for current one.

I read online, say got exemption, i thought 10%

My wife lawyer say 50%

Then i ask my friends lawyer, say no exemption..
These should be standard charges, yet i get diff answers
He also say, 10 yrs ago where got? 😂

Yea, u r right, my wifr lawyer say based on her s&p date, 50%

Cap 350k,ours are entitled

Ask the lawyer to check Stamp Duty (Remission) (No. 4) Order 2012 that covers SPA dated between 1/1/2013 and 31/12/2014 for residential property costing not more than RM400,000.00

Which year?

https://www.hasil.gov.my/en/stamp-duty/stamp-duty-order/

This post has been edited by poweredbydiscuz: May 8 2023, 05:04 PM

Based on S&P date (whether there are any exemptions given during that time)

anyone know how much legal fee for receipt and reassignment, after loan completion? this one bank will assign lawyer wan or i need to find lawyer to do this?

currently ongoing on strata/individual title process, they said need to lantik lawyer to transfer title to bank. i want to bypass that by settling loan instead, hopefully prove of housing loan settlement is enough.

This post has been edited by zerorating: May 8 2023, 05:12 PM

Subsale should have exemption / discount as well

Only for first property

Mine s&p, june 2011...the list in the link doesnt state the %?

Mid 2011, lawyer say 50%
But i can't find the precise % info in lhdn site

Check 2010 Order for SPA date 2011-2012.

https://phl.hasil.gov.my/pdf/pdfam/PUA_475_2010.pdf

50%

This post has been edited by poweredbydiscuz: May 8 2023, 06:08 PM

find a good lawyer

Thank you very much bro!
Very specific & informative help

Maybe i looked at wrong file 😂

Should be no

I think many ppl is not aware of these things
I ask few friends also, they not sure

Sometimes lawyers also not that proactive to check for u

Luckily i checked mine..
Check yours too!

2017 can?

but but but
Stamp Duty Exemption is for SPA wo....not title...
Free stamp duty is for SPA below 300k or something for first property nia...

This post has been edited by taitianhin: May 9 2023, 12:33 AM

Sorry, no exemption..please engage a property lawyer and not criminal lawyer.

Every lawyer has their bidang kuasa, not all well verse in certain laws.

Just like docs and surgeons. Heart surgeon may not know much about E.N.T

50% , below 350k SPA price , first housebuyer

Yup, 50% it is, which is ~3k for our property

I asked my lawyer. She says got 50% stamp duty remission under Stamp Duty (Remission) (No. 2) Order 2010 for loan & Stamp Duty (Remission) (No. 3) Order 2010 for transfer.

Yea, just submitted surat akuan to lhdn for the remission