|
LEGAL FEES
SALES PURCHASE AGREEMENT
|
Value Of Property |
Rate of Stamp Duty |
|
1. First RM150,000.00 |
1% |
|
2. Next RM850,000.00 |
0.7% |
|
3. Next RM2,000,000.00 |
0.6% |
|
4. Next RM2,000,000.00 |
0.5% |
|
5. Next RM2,500,000.00 |
0.4% |
|
6. Excess of RM7,500,000.00 |
0.3% |
LOAN AGREEMENT
|
Value Of Property |
Rate of Stamp Duty |
|
1. First RM150,000.00 |
1% |
|
2. Next RM850,000.00 |
0.7% |
|
3. Next RM2,000,000.00 |
0.6% |
|
4. Next RM2,000,000.00 |
0.5% |
|
5. Next RM2,500,000.00 |
0.4% |
|
6. Excess of RM7,500,000.00 |
0.3% |
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.
It will calculate the relevant legal fees and stamp duties.
|
