25/01/2021
๐ฃATTENTION SABAHAN
๐ช๐๐ฌ ๐๐จ๐ฌ ๐๐ข๐จ๐ฆ๐ ๐๐จ๐ฅ๐๐ก๐ ๐๐ข๐ ๐ฎ๐ฌ๐ฎ๐ฌ-๐ฎ๐ฌ๐ฎ๐ญ? ๐ ๐
Home Ownership Campaign (HOC) 2020-2021 is an initiative by the Government to stimulate the housing sector and help buyers in homeownership and it is open to ALL Malaysian individuals.
๐ง๐๐ ๐๐๐ก๐๐๐๐ง๐ฆ
1๏ธโฃ10% ๐๐ค๐ช๐จ๐ ๐๐๐จ๐๐ค๐ช๐ฃ๐ฉ
You get to enjoy a minimum 10% discount on purchasing price of properties listed under the scheme.
2๏ธโฃ๐๐ฉ๐๐ข๐ฅ ๐ฟ๐ช๐ฉ๐ฎ ๐๐ญ๐๐ข๐ฅ๐ฉ๐๐ค๐ฃ
On top of the discount, you'll also 100% stamp duty exemption on Instrument of Transfer for any residential home purchase up to the value of RM1 million. For properties worth more than RM1 million up to RM2.5 million, you'll only need to pay 3% stamp duty on the Instrument of Transfer for the amount that's more than RM1 million.
3๏ธโฃ๐๐ฃ๐จ๐ฉ๐ง๐ช๐ข๐๐ฃ๐ฉ๐จ ๐ค๐ฃ ๐จ๐๐๐ช๐ง๐๐ฃ๐ ๐ก๐ค๐๐ฃ๐จ ๐๐ญ๐๐ข๐ฅ๐ฉ๐๐ค๐ฃ
All properties within the scheme enjoyed a further stamp duty exemption on the Instrument of Securing Loan or in other words, the Loan Agreement fees.
๐ฆ๐ข ๐ช๐๐ข'๐ฆ ๐๐๐๐๐๐๐๐ ๐๐ข๐ฅ ๐ง๐๐๐ฆ?
1๏ธโฃ๐๐๐ก๐๐ฎ๐จ๐๐๐ฃ ๐๐๐ฉ๐๐ฏ๐๐ฃ๐จ
Purchasers and co-purchasers must be Malaysian citizens.
2๏ธโฃ๐๐ช๐ง๐๐๐๐จ๐ ๐ฟ๐ช๐ง๐๐ฃ๐ ๐พ๐๐ข๐ฅ๐๐๐๐ฃ ๐๐๐ง๐๐ค๐
Sales and Purchase Agreement (SPA) must be stamped between 1 June 2020 and 31 May 2021.
3๏ธโฃ๐๐๐๐๐จ๐ฉ๐๐ง๐๐ ๐๐ง๐ค๐ฅ๐๐ง๐ฉ๐๐๐จ
Eligibility only applies to those registered properties listed by developers within the scheme.
4๏ธโฃ๐๐๐จ๐๐๐๐ฃ๐ฉ๐๐๐ก ๐๐ช๐ง๐ฅ๐ค๐จ๐๐จ
Purchasers must be buying the property for the purpose of residing within it only.
๐๐๐ผ๐ ๐๐๐๐๐๐๐๐๐๐ ๐ผ๐๐ ๐๐๐พ๐๐๐ฟ๐๐ฟ ๐๐ ๐๐๐ ๐๐๐พ?
Registered residential properties with a value between RM300,000 and RM2.5 million. and must be registered with SHAREDA (Sabah), SHEDA, (Sarawak) and REHDA(Peninsular Malaysia).
You can read more through these sources
http://rehda.com/hoc2020-2021/
https://www.propertyguru.com.my/property-guides/home-ownership-campaign-hoc-2020-all-you-need-to-know-15274
Raymond Wong
+60109372284
wa.link/icp70b
IQI Realty Sdn Bhd