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 Developer REFUSE direct transfer, lelong LACA case

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TSteacherharvard
post Today, 08:40 AM, updated 44m ago

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as title, i m lelong laca case successful bidder.

developer insist double transfer and refuse to direct transfer which cost additional RM 12-15K costs

anyone successfully persue developer to do direct transfer?
how u guys do.it? my lawyer said can't do anything.

if Double transfer, is RPGT GAIN reduce and recognise such cost ?

according to Chatgpt , said can write letter / email to developer for direct transfer 😬. [B]but,lawyer said no use


This post has been edited by teacherharvard: Today, 02:11 PM
victorian
post Today, 09:00 AM

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QUOTE(teacherharvard @ Dec 9 2025, 08:40 AM)
as title, i m lelong laca case successful bidder.

developer insist double transfer and  refuse to direct transfer which cost additional RM 12-15K costs

anyone successfully persue developer to do direct transfer?
how u guys do.it? my lawyer said can't do anything.

if Double transfer, is RPGT GAIN reduce and recognise such cost ?[B]
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I thought before you bid your agent would have already briefed you on this? Unless you DIY and omitted to do your due diligence
AHGS14
post Today, 09:46 AM

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Below is an AI's answer to your query:-

In Malaysian lelong/LACA cases, developers often insist on a double transfer (bank → developer → buyer) rather than a direct transfer. Unfortunately, buyers usually cannot force a direct transfer if the developer refuses. The extra RM12–15K in stamp duty/legal fees is a common pain point. For RPGT (Real Property Gains Tax), allowable expenses such as legal fees, stamp duty, and incidental costs of acquisition/disposal can be deducted from the taxable gain — meaning the double transfer costs can reduce your RPGT liability, but only if properly documented and claimed.



babu_my
post Today, 10:57 AM

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Most developers do not allow direct transfer, only transfer to primary buyer (or buyers bank). This is common practice and done for compliance reasons.
TSteacherharvard
post Today, 11:10 AM

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QUOTE(victorian @ Dec 9 2025, 09:00 AM)
I thought before you bid your agent would have already briefed you on this? Unless you DIY and omitted to do your due diligence
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the.agent said 90% cases can Direct transfer.
chuanyou
post Today, 11:27 AM

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You should've checked with the developer before bidding, not after. Developer normally won’t allow direct transfer in a lelong LACA case because legally the SPA is between developer and the original purchaser.

If they skip that step and transfer directly to you, the liability becomes unclear for defects, vacant possession issues, outstanding claims, and even compliance with HDA requirements. If anything goes wrong later, the developer may still be held responsible since your name was never part of the original SPA.

Making a phone call to confirm before pulling the trigger isn’t difficult. Don’t rely solely on what the agent says, at the end of the day, it’s your money and your responsibility.

This post has been edited by chuanyou: Today, 11:28 AM
TSteacherharvard
post Today, 01:20 PM

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QUOTE(chuanyou @ Dec 9 2025, 11:27 AM)
You should've checked with the developer before bidding, not after. Developer normally won’t allow direct transfer in a lelong LACA case because legally the SPA is between developer and the original purchaser.

If they skip that step and transfer directly to you, the liability becomes unclear for defects, vacant possession issues, outstanding claims, and even compliance with HDA requirements. If anything goes wrong later, the developer may still be held responsible since your name was never part of the original SPA.

Making a phone call to confirm before pulling the trigger isn’t difficult. Don’t rely solely on what the agent says, at the end of the day, it’s your money and your responsibility.
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thanks for ur reply. Ya , i have done tis beforehand.

but,agent said lawyer can negotiate to.direct transfer.



 

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