KUANTAN: After receiving complaints from the public, the Pahang government has agreed to grant remission on the "office fee" charged for registration of property dealings.
Mentri Besar Datuk Seri Wan Rosdy Wan Ismail (pic) said the state government was always responsive to the people's complaints, especially those considered reasonable, and thus approved the remission for the registration fees of title transfers and certificates of sale (auction purchases).
With the remission, he said the new rates would come into implementation on Feb 1 with a RM100 fee for properties valued at RM50,000 and below.
The other rates would be RM125 for those valued between RM50,000 and RM100,000; RM500 for above RM100,000 to RM150,000; RM750 for above RM150,000 to RM250,000; RM1,000 for above RM250,000 to RM300,000; RM1,200 for above RM300,000 to RM400,000; RM2,500 for above RM400,000 to RM600,000; RM3,000 for above RM600,000 to RM750,000; and RM3,500 for above RM750,000 to RM1mil.
A fee of RM4,000 would be charged for properties valued from RM1mil to RM1.5mil; RM4,500 for above RM1.5mil to RM2mil; RM5,000 for above RM2mil to RM2.5mil; RM5,500 for above RM2.5mil to RM3mil, and RM6,000 for properties exceeding RM3mil and above.
The Pahang Bar recently expressed its dissatisfaction over the fee, calling it an exorbitant and unreasonable increase by the state government.
Chairman Muthukumar Suya Kumanan pointed out that the rate was gazetted as 50% of the stamp duty payable which meant the registration fee would be RM22,000 for properties with values exceeding RM1mil.
Wan Rosdy said the state government also decided on a number of related matters such as charging the old rates for sales and purchase agreements with stamp duty closed before or on Jan 31,2021.
He added that refunds would be made to landowners for the excess registration fees that had been paid.
Other than that, the registration fee for first home buyers would be charged at a minimum rate of RM100 only, said Wan Rosdy.
"For buyers of the PR1MA Pahang project, Rumah Makmur Pahang or other housing projects under the state government, the implementation of the new land transfer registration fee is given a moratorium until Dec 31,2021," he said.
The state government had also expanded the definition of gifts of affection between parents and children, spouses and siblings. A minimum fee of RM100 would be charged for this type of transfer.
"With the implementation of remission and new fee rates that have been decided, it is hoped that it can relieve all parties, especially those who are affected by it," said Wan Rosdy.
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