Malaysia Property - Taxes* / Stamp Duty* / Loan* / SPA Information
*All rates are subject to changes by relevant authorities without notice 

*Buyer Stamp Duty / Memorandum of Transfer (MOT) Scale & Calculation :

• 1% - 1st RM 100,000  
  
• 2% - In excess of RM 100,000 but not exceeding RM 500,000 
  
• 3% - Next RM 500,001 to RM 2,000,000 
  
• 4% - Above RM 2,000,000
  

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*Real Property Gain Tax (RPGT) :

• 15% - Dispose within first 2 years after TOP 
  
• 10% - Dispose between 3rd to 5th years 
  
• 0% - Dispose after 5 years
  

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*Lawyer's fee for SPA / Loan Agreement

• 1.0% - 1st RM 150k
  
• 0.7% - in excess of RM 150k and not exceeding RM1m
  
• 0.6% - above RM 1m
  

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*Foreign Investment  Committee (FIC) Charges

• RM 500 - Registration 
  
• RM 2000 - Runner
  

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*Application of FIC (Foreign Investment Committee)

• Required 1 to 2 months to be approved from date of application
  
• Once approved, pay within 30 days to avoid penalty
• If FIC fee is not borne by developer, the solicitor would request for payment when signing of SPA

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*Real property tax – Individual states in Malaysia levy "quit" rent and assessment at varying rates.

• Quit Rent - charge yearly, based on Land Value
  
• Assessment  Tax - charge half yearly, depends on property value. Currently at 0.13% of government valuation that is revised every 5 years
• http://www.taxrates.cc/html/malaysia-tax-rates.html
  

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*Sale and Purchase Agreement (SPA) for Malaysia Property

• SPA is governed by Malaysia's Housing Development (Control & Licensing) Act 1966 under Schedule H. Format can be view in the following link : 
  
• http://www.kpkt.gov.my/kpkt/borang/lesen/Schedule_H.pdf
  

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*Malaysia My Second Home Programme (MM2H)

• http://www.mm2h.gov.my/
  

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GRR (Guarantee Rental Return)

DIBS (Developer Interest Bearing Scheme) 

• No monthly installment payment of mortgage loan to the bank till TOP of project
  

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*Johor State Levy

• Currently RM 10,560

Disclaimer: While all reasonable care has been taken in preparing these documents, HSR/Tan Chin Huat cannot be held responsible for any inaccuracies. All statements are believed to be correct but are not to be registered as statements or representation of facts. All information and specifications are current at time of printing and are subject to change as may be required and cannot form part of any contract. All plans are subject to any amendments approved by the relevant authorities. Floor areas are approximate measurements and subject to final survey. All plans are not drawn to scale. Likewise the perspectives, model(s) and show flats are artist’s impressions only and should not be considered as representation of facts. Investors will need to exercise caution and do their own due diligence prior to investing.