4. How much is the stamp duty payable on sale transaction / tenancy?

1. Stamp Duty on Sale Transaction / Tenancy

   House Value	Stamp Duty Payable
   1st RM100,000.00	1%
   Next RM400,000.00	2%
   > RM500,000.00	3%

   For Example:
   House Value = RM3,600,000.00
   1st RM100,000.00	(1%)	=	Rm 1,000.00
   next RM400,000.00	(2%)	=	Rm 8,000.00
   next RM3,100,000.00	(3%)	=	Rm 93,000.00
   Total		=	Rm 102,000.00
   *Note: Stamp Duty shall be paid by Purchaser.

2. Stamp Duty on Sale Transaction / Tenancy

   Rate of Stamp Duty
   	< 1 year	1 – 3 year	> 3 year
   1st RM2,400.00	Nil	Nil	Nil
   Every RM250.00	1.00	2.00	4.00
   *Note: 1st RM2,400.00 is exempted

   For Example:
   • Rental = RM2,000.00
     Tenancy Period : 2 year + 1 year (option to renew)
      
   • Stamp Duty
     { ( RM2,000.00 x 12mth ) – RM2,400.00 } / 250
     = RM86.40 (Round up to RM87.00)
     
     For 2 years, then RM87.00 x 2 = RM174.00 (For 1st Copy of Tenancy Agreement)
     For 2nd copy of the Tenancy Agreement, the fixed duty is RM10.00
     So, the Total Stamp Duty shall be paid by the Tenant is RM184.00

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