Based on Stamp Duty Scale in 2017:
Stamp Duty Fee: RM
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Based on Stamp Duty Scale in 2018:
Stamp Duty Fee: RM
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Stamp Duty Scale in 2017 | ||||||||||
| Consideration or Adjudicated Value | Scale of Fees | |||||||||
| First RM100,000 | 1% | |||||||||
| Next RM400,000 | 2% | |||||||||
| Thereafter | 3% | |||||||||
| For example: | ||||||||||
| If the property price is RM1,500,000: | ||||||||||
| First RM100,000 @ 1% | RM1,000 | |||||||||
| Next RM400,000 @ 2% | RM8,000 | |||||||||
| Next RM1,000,000 @ 3% | RM30,000 | |||||||||
| Total Legal Fee | RM39,000 | |||||||||
| Stamp Duty Scale in 2018 | ||||||||||
| Effective Jan 1, 2018, the rate of stamp duty on instruments of transfer of real estate worth more than RM1 million up from 3% to 4%. | ||||||||||
| Consideration or Adjudicated Value | Scale of Fees | |||||||||
| First RM100,000 | 1% | |||||||||
| Next RM400,000 | 2% | |||||||||
| Next RM500,000 | 3% | |||||||||
| Thereafter | 4% | |||||||||
| For example: | ||||||||||
| If the property price is RM1,500,000: | ||||||||||
| First RM100,000 @ 1% | RM1,000 | |||||||||
| Next RM400,000 @ 2% | RM8,000 | |||||||||
| Next RM500,000 @ 3% | RM15,000 | |||||||||
| Next RM500,000 @ 4% | RM20,000 | |||||||||
| Total Legal Fee | RM44,000 | |||||||||
| Compared to 2017, the stamp duty fee for property valued more than RM1 million will be higher. | ||||||||||
