How much is the Stamp Duty payable when renting a property?

How much is the Stamp Duty payable when renting a property?

How much is the Stamp Duty payable when renting a property?

The exemption from stamp duty for annual rentals not exceeding RM2,400 has been removed for tenancy agreements effective from January 1, 2025. Therefore, this RM2,400 exemption is no longer a factor in stamp duty calculations for new agreements from that date onwards.

Stamp Duty Computation for 1 year tenancy:  (monthly rent x 12) / 250

For example if the monthly rental is RM8,000: (8000 x 12) / 250 = RM384.00

 

Stamp Duty Computation for 2 years tenancy: stamp duty fee for the corresponding lease term x (monthly rent x 12) / 250

For example if the monthly rental is RM 8,000: 3 x (8000 x 12)/250 = RM 1,152.00

RM10 for each additional copy

The tenancy agreements are legally required to be prepared by a practicing lawyer, as drafting them is considered legal work. Legal fees are  borne by the tenant while, the Landlord bears the Agency fees.