When A Property Is Sold/Transferred

To all my beloved Property Investor!


When A Property Is Sold/Transferred.


All transfers of property attract stamp duty regardless whether the acquirer gives consideration (value in money or kind example by exchange, as gifts from loves one) for the transfer or not.


The Malaysian government at times impose stamp duty exemption for certain property type for a certain period of time so as to encourage housing sale. Currently, no exemption is given.

Stamp duty for transfer of property is chargeable at the following rate:

Up to RM100,000 = 1%
RM100,001 to RM500,000 = 2%
RM500,001 onwards = 3%

So what this implement? 

It means that your next kin (might be parents, spouse, children, relatives) need CASH to transfer your property when you are not belong to this world anymore.

Assuming that you have RM 1 mil worth of property, you need approximate RM 30 000 (simple calculation excluded legal fees etc) just to transfer the property!!!

What happens if your next kin need to bare the monthly loan repayment too?

If you are worried about this, kindly contact me. I will try my best to provide you solutions that will minimize your financial burden and worries.