Know The Rates - Standard Rates-

Booking fee:
Usually about 2% of the purchase price. The amount is subject to negotiation between the seller and buyer.

Down payment upon signing of Sales & Purchase Agreement (SPA)

10% of the purchase price (inclusive of the booking fee)
Stamp duty chargeable for the SPA

RM 10.00
Stamp duty for Memorandum of Transfer 1


First RM 100,000
1%
Next RM 400,000
2%
Above RM 500,000
3%

Ad valorem duty for principal instrument, e.g. Loan or Facility Agreement

0.5% of the loan amount
Duty for subsidiary instrument, e.g. charge

RM 10.00
Real Property Gain Tax (RPGT)
Fully exempted (effective April 2007)


Note:
1.
Presently, purchasers of low cost houses are given full stamp duty exemption on all instruments, including loan agreements. For medium cost houses, 50% stamp duty exemption is given on the instrument of transfer as well as the loan agreemen
Booking fee:
Usually about 2% of the purchase price. The amount is subject to negotiation between the seller and buyer.

Down payment upon signing of Sales & Purchase Agreement (SPA)

10% of the purchase price (inclusive of the booking fee)
Stamp duty chargeable for the SPA

RM 10.00
Stamp duty for Memorandum of Transfer 1


First RM 100,000
1%
Next RM 400,000
2%
Above RM 500,000
3%

Ad valorem duty for principal instrument, e.g. Loan or Facility Agreement

0.5% of the loan amount
Duty for subsidiary instrument, e.g. charge

RM 10.00
Real Property Gain Tax (RPGT)
Fully exempted (effective April 2007)


Note:
1.
Presently, purchasers of low cost houses are given full stamp duty exemption on all instruments, including loan agreements. For medium cost houses, 50% stamp duty exemption is given on the instrument of transfer as well as the loan agreement