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Asked by Philip Soong 24 Mar 2023

I have inherited a house from my father via a WILL but until now I have not done the transfer of title. It is already 7 years. Will I still get RGPT exemption if I do it now? Tq.

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<en>Ryan</en> <en>Chong</en> · Answer 1 · 2023-03-24T16:51:22+08:00

<en>Ryan</en> <en>Chong</en>

Replied 24 Mar 2023

Hi, I am Ryan from PropNex Malaysia. I want to assist you with your enquires.

Under the Real Property Gains Tax Act 1976 (RPGT Act), there is a 100% RPGT exemption in the transfer of property between family members by way of love and affection between spouses, parents and children. The transferor is deemed to have received “no gain and suffered no loss” and not subject to any RPGT.

Don't hesitate to get in touch with me at +6017 3377 998 or WhatsApp: https://wa.link/klzr5z if you need further assistance. Read More

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