Stamp Duty (Memorandum of Transfer and Loan Agreement) – Stamp Act 1949 – for normal case without remission

STAMP DUTY

In addition to Legal Fees, a buyer will also need to pay ad valorem stamp duty on the property transfer:

Consideration or Adjudicated Value	Ad-Valorem Stamp Duty
First RM100,000.00	1%
Next RM400,000.00	2%
Thereafter	3%

For example:

If the property price is RM550,000.00, the calculation is:
First RM100,000.00 @ 1%	RM 1,000
Next RM400,000.00 @ 2%	RM 8,000
Next RM50,000.00 @ 3%	RM 1,500
Total Stamp Duty Payable	RM10,500

For Loan Agreement

Loan Amount x 0.5 %

JTPROPERTYINFO | Malaysia Real Estate Property's Blog, Talk, Review, Resources, Consultancy, Law & Regulations, Transaction and Procedures, TAX ADVISOR ON REAL PROPERTY GAINS TAX AND STAMP DUTY