Stamp Duty

STAMP DUTY ON TRANSFER
All transfer of property attract Government Stamp Duty regardless whether the acquirer gives consideration for the transfer or not.

Value Of Property Rate Of Stamp Duty
RM1.00 to RM100,000.00. - 1%
RM101,001.00. to RM500,000.00. - 2%
RM501,000.00 and above - 3%


STAMP DUTY ON CHARGES
A charge on a property is an instrument created by statute, namely the National Land Code (NLC). It affords the Borrower a loan granted by a Licensed Financial Institution over the property charged. Stamp duty is calculated at the rate of approximately 0.5% of the loan amount.