1 Answer

The buyer should pay the cukai harta (property tax) for the period from July to December after signing the Sales and Purchase Agreement (SNP) in September.

Here's a breakdown of why:

Ownership transfer: The SNP signifies the transfer of ownership of the property from the seller to the buyer. From the date of the SNP, the buyer becomes the legal owner.  
Tax liability: As the property owner, the buyer is responsible for all property-related taxes, including cukai harta.
Pro-rated payment: If the buyer takes possession of the property before the end of the year, they might be able to negotiate a pro-rated payment of the cukai harta with the seller. However, this is typically not a requirement.
Search LinkIn Edmund Liao for more related real estate resources Read More
0

Still looking for answers?

Get advice from our community of experts

Previously Asked Questions