House Purchase Process

House Purchase Process

What is stamp duty?

A fee on legal documents such as the instrument of transfer and loan agreement when you purchase a house.

First RM 100,000
Eg. 1% x 100,000 = RM 1,000
RM 100,001 - RM 500,000
Eg. 2% x 500,000 = RM 10,000
RM 500,001 - RM 1,000,000
Eg. 3% x 1,000,000 = RM 30,000
Above RM 1,000,000
Eg. 4% x 1,200,000 = RM 48,000