Wow... Very accurate..Thanks ttwangsa
But I did nego with lawyer... get discount

i buying 240k my 1st property now..i ask my lawyer,they say they will submit to LDHM for me..not guaranty can get..depent LDHM approved or not..izzt true??

it is guaranteed, as long as its your 1st property for which you are applying for the discount. each person only gets the discount once. only problem is LHDN sometimes makes a mistake and charges the full one, and then its up to your lawyer to appeal.

my lawyer said have to pay full 1st..then wait for rebate..got such thing?

if it will affect the time frame for the money to be handed over to the seller, you might want to pay first. last time when i bought, i didnt want to pay up front the whole amount, wanted to wait for the apeal, took about 2 weeks before it was approved

i guess in this situation your lawyer is worried that you have claimed the half stamp duty before, and as such will not be eligible this time. and since he has to confirm with your loan lawyer that you have paid the stamp duty, he wants to protect himself 1st.

but i think most lawyers will just trust their clients over something small like this. some more you have signed a statutory declaration saying this is your 1st time claiming.

sigh... lawyers

excuse me, which stamp duty r we talking about now ? S&P or loan agreement or MOT?

half stamp duty is only applicable for MOT. for s&p, the stamp duty is only rm10 per copy... half wont save you much.

thanks for clarification.

is it 250K and below or only below 250K property ?

im confused if the property is exactly 250K, will it be entittled for the 50% discount?

does anyone know if serviced apartment is entitled to the 50% as well?

I have checked with Tax consultant...
50% stamp duty is on and is available on all residential property <250k

so if the property is exactly 250K ? can't get 50% discount?

no idea woh, didn't ask... just ask discount for 1k la... play safe

serviced aprtment not entittled?

my lawyer gave this to me:

"50% of the stamp duty chargeable on any instrument of transfer for the purchase of one unit of residential property only by an individual not costing more than rm250k per unit..."

residential = house, condominium unit, apartment or flat built as a dwelling house.

yes, my lawyer said the same thing
cos need to submit to bar council first wo

That's good then. I just wanted to be sure.... I have so much trouble looking for loans because the unit i am buying is a serviced apartment. It's like a totally different type of property.

the 50% discount on stamping fees is for Loan or S&P agreement? or both?

only s&p agreement i thinks..