Kuchai Sentral Financing

Contact Us To Arrange For A Loan Health Check Consultation To Identify Your Loan Capacity and Eligibility

Financing Costs Involved

When It Comes to Property Ownership, It Would Be Prudent to Be Aware of Other Costs That Arises

STAMP DUTY

A Fee Paid to The Government
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LEGAL FEES

A Service Fees Paid for Preparing Legal Documents.
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REAL PROPERTY GAIN TAX

A Property Tax Paid For Disposal of Property
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Property Stamp Duty

Stamp Duty Is The Tax Placed on Your Property Documents (SPA & MOT) During the Sale or Transfer of the Property
Price TierStamp Duty (% of Property Price)
First RM100,0001%
Next RM400,000 (RM101,000 – RM500,000)2%
RM500,001 – RM 1 million3%
More than RM 1 million4%
PROPERTY PURCHASE PRICETERMSSTAMP DUTY EXEMPTION
PPP ≤ RM300,0001) SPA Date: 1 Jan’19 – 31 Dec’20
2) Purchase 1 residential property (a house, condo unit, an apartment, a flat)
3) Malaysian citizen & first time home buyer
Full stamp duty exemption on loan agreement AND transfer instrument (14A/DOA)
RM300,000 < PPP ≤ RM500,0001) SPA Date: 1 Jul’19 – 31 Dec’20
2) Purchase 1 residential property (house, condo unit, apartment, flat)
3) Malaysian citizen & first time home buyer
RM 1,500 stamp duty exemption on loan agreement
RM300,000 < PPP ≤ RM500,0001) SPA Date: 1 Jan’19 – 30 Jun’19 (primary property only
2) Purchase 1 residential property (a house, condo unit, an apartment, a flat)
3) Malaysian citizen & first time home buyer
Full stamp duty exemption on transfer instrument (14A/DOA)
PPP ≤ RM2.5 million1) SPA Date: 1 Jan’19 – 30 Jun’19
2) Transfer instrument (14A/DOA) shall be stamped on or before 30 June 2019
Adoption of old stamp duty rate of 3% (not 4%) for the “Thereafter (> RM 1 million)” tier

Legal Fees

The Legal Fees For Preparation of SPA are Calculated as a Percentage of the stated Purchase Price According to Tier
Price TierLEGAL FEES (% OF PROPERTY PRICE)
First RM500,0001%
Next 500,000 (RM500,001 – RM 1 million)0.8%
Following RM2,000,000 (RM1,000,001 – RM 3 million)0.7%
Next RM2,000,000 (RM3,000,001 – RM 5 million)0.6%
Thereafter (> RM 5 million)0.5%
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