Stamp Duty (Remission) Order 2016 – Stamp Duty payable on Memorandum of Transfer / Deed of Assignment (Sale and Purchase) and Principal Loan Agreement (Loan) May 7, 2017May 8, 2017Leave a comment Examples:- For Loan Agreement Share this:TwitterFacebookPrintWhatsAppLike this:Like Loading...
Stamp Duty (Memorandum of Transfer and Loan Agreement) – Stamp Act 1949 – for normal case without remission September 24, 2014March 30, 2018Leave a comment 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% Stamp Duty Calculator 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 % Share this:TwitterFacebookPrintWhatsAppLike this:Like Loading...