The assessment and collection of Stamp Duties is sanctioned by statutory law described as the Stamp Act 1949. Stamp Duty is levied by the government on instruments or documents of transfer. In property transaction, the imposition is in the form of Ad Valorem (i.e. according to the value) Duties for:-

1.   Instruments/Documents of transfer (implementing a sale or gift) of property.

• This can be in the form of Memorandum of Transfer of the Title or the Deed of Assignment of the Principal Sales & Purchase Agreement (for cases where the proper title or strata title is yet to be issued).

• The prescribed rate of duty is as shown below based on the transaction price or valuation carried out by the Property Services and Valuation Department.

• The duty at this rate is also payable where the instrument of transfer constitutes a DEED OF ASSIGNMENT executed on sale or gift of the contractual interest on the property.

                 RATE OF DUTY

2.  Instruments/Documents creating interests in property, for Tenancies and Statutory Leases.

• The lease or tenancy instrument which secures annual rent not exceeding RM2,400 is EXEMPTED from duty and presentation of these instruments at a stamping office or center is not necessary.

• The prescribed rate of duty on the instruments which secures annual rent exceeding RM2,400 is as follows:-

 ·       If the consideration for tenancy constitutes or includes a PREMIUM, additional duty is
         chargeable and it is calculated on the amount of the premium at the rate chargeable on   
         immovable property.

• Agency Guide
• Agency Service Form
  (Sell/Lease Property)
• Agency Service Form
  (Source for Property)
• Valuation Guide
• Valuation Service Form
• Legal Fees
• Stamp Duty Rates
• Assessment Rates
• Quit Rent Rates
• Real Property Gains Tax
• Land Conversion Rates
• Foreign Investment Guide
• Other Queries