First property Strata title stamp duty exemption
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 May 8 2023, 04:42 PM, updated 3y ago
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#1
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Senior Member
1,065 posts Joined: Apr 2020 
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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 |
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May 8 2023, 04:58 PM
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#2
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1,065 posts Joined: Apr 2020
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QUOTE(lalakiki @ May 8 2023, 04:47 PM) if i not mistaken nope. dunno which year(probably 2019) only got exemption. (correct me if im wrong)  QUOTE(poweredbydiscuz @ May 8 2023, 04:50 PM) The exemption follows the SPA date right? 10 years ago no exemption iinm. Correct me if i'm wrong. QUOTE(Boom Mortar @ May 8 2023, 04:52 PM) 10yr ago got exemption? I read online, say got exemption, i thought 10%ask your lawyer please 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? 😂 lalakiki liked this post
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May 8 2023, 04:59 PM
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#3
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1,065 posts Joined: Apr 2020
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QUOTE(LazyCat666 @ May 8 2023, 04:56 PM) 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. Yea, u r right, my wifr lawyer say based on her s&p date, 50% |
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May 8 2023, 05:00 PM
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#4
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1,065 posts Joined: Apr 2020
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QUOTE(stupiak07 @ May 8 2023, 04:57 PM) There a cap for those liable first home buyer for stamp duty exemption. Not sure how much for current one. Cap 350k,ours are entitled |
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May 8 2023, 05:19 PM
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#5
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1,065 posts Joined: Apr 2020
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QUOTE(poweredbydiscuz @ May 8 2023, 05:01 PM) Mine s&p, june 2011...the list in the link doesnt state the %? |
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May 8 2023, 05:43 PM
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#6
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Senior Member
1,065 posts Joined: Apr 2020
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QUOTE(LazyCat666 @ May 8 2023, 04:56 PM) 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. Mid 2011, lawyer say 50%But i can't find the precise % info in lhdn site |
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May 8 2023, 06:15 PM
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#7
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1,065 posts Joined: Apr 2020
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QUOTE(poweredbydiscuz @ May 8 2023, 06:06 PM) Thank you very much bro!Very specific & informative help Maybe i looked at wrong file 😂 |
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May 8 2023, 06:28 PM
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#8
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1,065 posts Joined: Apr 2020
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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! |
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May 9 2023, 02:07 AM
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#9
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1,065 posts Joined: Apr 2020
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QUOTE(hanhanhan @ May 9 2023, 12:47 AM) Yup, 50% it is, which is ~3k for our property |
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May 9 2023, 04:49 PM
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#10
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1,065 posts Joined: Apr 2020
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QUOTE(LazyCat666 @ May 9 2023, 09:37 AM) 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 |
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