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 transfer property thru Gift Transfer (non-muslim), shit just hit the fan

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TSnelson969
post Mar 20 2025, 09:36 PM, updated 9 months ago

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shit just hit the fan, i am planning to do this asap in september , anyone got idea how much the cost will be ? can pay installment to lawyer ? my house is super old like 1980 era, the house is bought in 1990 till now 2025 ( 35 years ) , it is lease hold , what will the lawyer do ? need the sale and purchase agreement document and what else ? i heard the lawyer will come to my house and check the value.

chatgpt told me it is 1.5-3.0k but i doubt this little.

thank u kind /k
gashout
post Mar 21 2025, 03:08 AM

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Is it to own family member.. How much is the estimated market price now..

A 200k property with individual strata, no loan, costs more than 5k for everything.

This post has been edited by gashout: Mar 21 2025, 03:09 AM
TSnelson969
post Mar 21 2025, 03:13 AM

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QUOTE(gashout @ Mar 21 2025, 03:08 AM)
Is it to own family member.. How much is the estimated market price now..

A 200k property with individual strata, no loan, costs more than 5k for everything.
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Okay i die , hint : more than the 200k base on my neighbour house value recently
gashout
post Mar 21 2025, 03:17 AM

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QUOTE(nelson969 @ Mar 21 2025, 03:13 AM)
Okay i die , hint : more than the 200k base on my neighbour house value recently
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Then price will be more than that.

No point spending money doing will listing property to who.. If something happens to you, lawyer will still do that transfer later and charge some %. Double expenses. So best to just do title transfer.
mini orchard
post Mar 21 2025, 09:55 AM

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It doesn't cost you money to walk into a legal firm to ask for a quotation to complete the transfer.
nexona88
post Mar 21 2025, 10:48 AM

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Not sure yours more 200k is actually how much...

If around 450k valuation... Then it's around 12k++ fees involved...


gashout
post Mar 21 2025, 12:14 PM

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QUOTE(nexona88 @ Mar 21 2025, 10:48 AM)
Not sure yours more 200k is actually how much...

If around 450k valuation... Then it's around 12k++ fees involved...
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200k = 5k++
450k = 12k ++

not cheap blush.gif
TSnelson969
post Mar 21 2025, 12:19 PM

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at least give me mentally prepare...
gashout
post Mar 21 2025, 12:36 PM

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QUOTE(nelson969 @ Mar 21 2025, 12:19 PM)
user posted image

at least give me mentally prepare...
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by the way,

need SnP, grant title,

if pass within fam, show recipient IC, recipient birth cert, so they know you two are linked.

and quit rent, assessment receipt, to make sure all payment is up to date.

all the best. i dunno what happened to you - hope all goes well.
TSnelson969
post Mar 21 2025, 01:00 PM

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QUOTE(gashout @ Mar 21 2025, 12:36 PM)
by the way,

need SnP, grant title,

if pass within fam, show recipient IC, recipient birth cert, so they know you two are linked.

and quit rent, assessment receipt, to make sure all payment is up to date.

all the best. i dunno what happened to you - hope all goes well.
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ahh nice nice nice info. Thank u, may God bless u with wealth
nexona88
post Mar 21 2025, 02:14 PM

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QUOTE(gashout @ Mar 21 2025, 12:14 PM)
200k = 5k++
450k = 12k ++

not cheap  blush.gif
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Nowadays everything is money....

So just be prepared for this 😔


gashout
post Mar 21 2025, 03:03 PM

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QUOTE(nelson969 @ Mar 21 2025, 01:00 PM)
ahh nice nice nice info. Thank u, may God bless u with wealth
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God has been good.

at this stage, health > wealth.


QUOTE(nexona88 @ Mar 21 2025, 02:14 PM)
Nowadays everything is money....

So just be prepared for this 😔
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property is good business for lawyer.

 

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