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Monday, March 15, 2010

Government Stamp Duty Fees Structure

GOVERNMENT STAMP DUTY

ADJUDICATION FEES
All transfer of property attract Government Stamp Duty regardless of whether the acquirer gives
consideration for the transfer or not.

Value Of Property

Rate of Stamp Duty

First RM100,000.00

1%

Next RM400,000.00

2%

Excess of RM500,000.00

3%

Value Of Property

Rate of Stamp Duty

Stamping of documentation based on loan amount

0.5%


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.

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