50% Stamp Duty Rebate

The Practice Of S&P, Loan Facility Agreements, The Ins & Out Of Property Conveyancing Services..

Re: 50% Stamp Duty Rebate

Postby monicalee25 » Tue Jan 29, 2013 1:00 pm

andrewlee247 wrote:that means if i apply islamic loan there will be 20% extra?

i just asked someone about it, and we don't think so
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Re: 50% Stamp Duty Rebate

Postby l0ck » Tue Jan 29, 2013 3:07 pm

echoesian wrote:I have bought my first apartment, already signed the offer letter with the legal fee financed. Since this is my first home, I'm entitled to 50% discount on the stamp duty for loan facility. Can I know how do I claim for this rebate please?

Normally the spa lawyer will deduct 50% directly when u pay for the stamp duty. you should check with your lawyer about this.
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Re: 50% Stamp Duty Rebate

Postby alvinyeo » Tue Feb 05, 2013 11:03 am

amiruleffendy wrote:yeah I know maybank islamic got, others not sure, so if the first house 50% then the islamic 20% then total it up 70% ar? or either one only

Yes, usually the lawyer will take the highest rebate. However, in come cases they do have 50% + 20% rebate on the stamp duty but very very seldom.
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