RM10 stamp duty on transfers of property by way of love between family members beyond husband and wife “shows the government’s soft spot for the family unit and will be a welcome move”.
The National House Buyers Association (HBA) acknowledges the challenges faced by our Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in tabling the national Budget 2023 on Oct 7, in view of the post Covid-19 pandemic affecting the global and regional economies as well as the financial health of Malaysia.
It will benefit a wider pool of buyers, especially the upgraders, said Rehda president, Datuk NK Tong.
Buyers of houses priced between RM500,000 and RM1 million will enjoy an increase in stamp duty exemption from 50% to 75% until Dec 31, 2023.
Meanwhile, the government has proposed a stamp duty fee of RM10 on transfers of property by way of love and affection between family members, such as husband to wife, father to child, or grandfather to grandson.
NCT said the proposed private placement entails the issuance of up to 120.
The “eye-catching Kombi Van” was colourfully decorated in themes that showcased the new Bon Kiara project in Mont’Kiara.
The group said its indirect wholly owned unit, Annum Industries Sdn Bhd, has entered into 10-year agreements to make use of land leased by two parties from the Terengganu government.
As the most populous city in the state of Sarawak, Kuching has long been a major tourist destination infused with a rich cultural heritage and interesting eats.
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