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 Developer REFUSE direct transfer, lelong LACA case

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TSteacherharvard
post Yesterday, 08:40 AM, updated 16h 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: Yesterday, 02:11 PM
victorian
post Yesterday, 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 Yesterday, 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 Yesterday, 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 Yesterday, 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 Yesterday, 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: Yesterday, 11:28 AM
TSteacherharvard
post Yesterday, 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.


UncleRoger93
post Yesterday, 03:32 PM

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QUOTE(teacherharvard @ Dec 9 2025, 01:20 PM)
thanks for ur reply. Ya , i have done tis beforehand.

but,agent said lawyer can negotiate to.direct transfer.
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Can always negotiate but success rate is very low...
Now that you have successfully bid it and they know you are stuck with your deposit,
why developer would do something that brings no benefit to them

Anyhow all the best man!
Boomwick
post Yesterday, 03:44 PM

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Developer adjust the strata title name also got some cost.
So if u mao direct transfer, then pay developer maybe 2k to 3k.. i dunno how much.. maybe 4k
PAChamp
post Yesterday, 03:44 PM

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QUOTE(teacherharvard @ Dec 9 2025, 01:20 PM)
thanks for ur reply. Ya , i have done tis beforehand.

but,agent said lawyer can negotiate to.direct transfer.
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Unlikely to succeed. When you do your costing for lelong case, must always factor in such double transfer costs. If appeal successful consider bonus but don't wait too long because lelong case very time sensitive.
gks
post Yesterday, 04:03 PM

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QUOTE(teacherharvard @ Dec 9 2025, 01:20 PM)
thanks for ur reply. Ya , i have done tis beforehand.

but,agent said lawyer can negotiate to.direct transfer.
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Whoever agent telling you this and earn comm from you, please ask him to get the consent otherwise refund the comm to you. smile.gif
TSteacherharvard
post Yesterday, 05:15 PM

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QUOTE(Boomwick @ Dec 9 2025, 03:44 PM)
Developer adjust the strata title name also got some cost.
So if u mao direct transfer, then pay developer maybe 2k to 3k.. i dunno how much.. maybe 4k
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u done it ? via developer or their lawyer, on what's basis?

yalo. stamp duty for first transfer RM 10k, crazy

This post has been edited by teacherharvard: Yesterday, 05:15 PM
Boomwick
post Today, 09:16 AM

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QUOTE(teacherharvard @ Dec 9 2025, 05:15 PM)
u done it ? via developer or their lawyer, on what's basis?

yalo. stamp duty for first transfer RM 10k, crazy
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Maybe u need to go management office to get some contact
I never done it, but my friend done it before in a lelong condo.

Better ask first only decide, not bid ad only ask, so u know how to do the budgeting

 

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