Asked by
Thanks Ryan. how much is it to do valuation? how long is it valid for?
If i transfer my half share to my spouse the half of property will start again from year 1 right? If he is malaysian, he can apply for exemption on the first home in his lifetime right anytime? This is for malaysian only i believe. Is there any con applying for exemption. Do you have a convenyancing arm and how is the charges in general pls
0
50 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

<en>Ryan</en> <en>Chong</en>
Hi, I am Ryan from PropNex Malaysia. I want to assist you with your enquires.
Valuation cost will depend on how much your property is valued, the higher the value the higher the price. Usually, it will be more than a thousand.

If your property is still under a loan you will need to do refinance to transfer the share, if there is no more loan then you can appoint a lawyer to assist with the transfer for a fee.

Yes, your husband can opt for the once-in-a-lifetime RPGT exemption.
Cons only can use it once. If the RPGT amount is a huge amount then I will suggest using it, but if both of you don't plan to have or have any other properties in Malaysia then go ahead and make good use of it.

If you need the contact of the lawyer, do contact me.
Don't hesitate to contact me at +6017 3377 998  or WhatsApp: https://wa.link/klzr5z if you need further assistance. Read More
1

Still looking for answers?

Get advice from our community of experts

Previously Asked Questions