Thursday, April 18, 2013

Stamp duty involved in Property Transactions

Again, this list should be used as a reference only.


1. Stamp Duty (Memorandum of Transfer – MOT/ transfer of title)
 First RM 100,000 – 1%
 Next RM 400,000 – 2%
 Balance – 3%
Payable upon obtaining Certificate of Completion & Compliance (CCC)

2. Registration Fee
 Below RM 1,000,000 – RM 3,000
 Every RM 50,000 above RM 1,000,000 – additional RM100

3. Legal Fee
 First RM 150,000 – 1%
 Next RM 850,000 – 0.7%
 Next RM 2,000,000 – 0.6%