In a blink of an eye, we are well over almost half of 2019, stepping into June 2019, there are some of you who are still contemplating to get a property. Why ponder so long when you can enjoy stamp duty exemptions, well-packaged discounts from developers and more benefits with HOC 2019 campaign.
Here’s a little recap of what HOC is all about. HOC 2019 is an initiative by the federal Government and REDHA to address the property overhang issue in the country and to further stimulate the housing sector. As such, the Government offers stamp duties exemption on the instrument of Transfer and Instrument on a Loan agreement for the period of 6 months starting from January 2019 – June 2019.
This is applicable to all residential titled development such as apartments, condominium units, houses, flats and service apartments with a valid Advertising & Sale permit and Developer’s license ( APDL ) or CCC. To add on to that, it is also only applicable to registered developer companies under the campaign and is opened to ALL Malaysian individuals. The pricing of the property eligible for the stamp duty exemption starts from RM300,001.00 – RM2.5 million before discount. A minimum of 10% discount ( from selling price ) is applicable to all units that are not subjected to government price control.
For those of you who want to enjoy the benefits of what the HOC 2019 campaign has to offer, it’s not too late! Make your way to the Malaysian Property Expo (MAPEX-HOC 2019) at Gurney Plaza Penang from 20th June – 23rd June 2019!
Organized by the Real Estate and Housing Developers’ Association (REHDA) Malaysia, the MAPEX- HOC 2019 will be held at the Gurney Plaza in Penang from 20 to 23 June (Thursday-Sunday) from 10am to 10pm.
The Launching ceremony will be held on Thursday, 20 June 2019 at Gurney Plaza. Officiating the ceremony is Minister (TBC)
MAPEX will be bringing in a total of 23 developers showcasing a wide range of innovative developments at their designated booths. The developers include SP Setia Bhd, IJM, AspenGroup, Chong Company, Mah Sing, Zeon, Ideal, UEM Sunrise and etc. The projects featured at the event are from Penang, Kuala Lumpur & Selangor.
Property Queen as the Co-Organizer of MAPEX, aims to encourage home ownership and are fully committed in supports of organizing this event. There is a vast selection of activities that are lined up during the event with interesting gimmicks, there will be a celebrity appearance on the day as well by our local radio host from MY, Emely Poon during the expo, visitors can get their hands on the limited edition stamps by Pos Malaysia, known as ‘Setemku’, Property Queen Magazine giveaway and many more.
Make sure to mark your calendars and join us for MAPEX – HOC 2019 this 20th – 23rd June at Gurney Plaza, Penang ( new wing )! Don’t miss out on the last chance to enjoy the HOC 2019 campaign packages offered and grab the great deals while you can before the campaign ends! You won’t know what you’ve missed until it’s gone!