SPEEDMANAGE is an online platform that allows you to sign the rental contract digitally. You can read the user manual to help you create a digital rental contract via SPEEDMANAGE for the first information. Rental fees, stamp duty and leases can be confusing for anyone moving in or renting property. To make things simpler, let`s calculate your stamp duty for you. Fill in your monthly rental and rental period in the calculator below to find out how much you should pay for the lease stamp. Exemption of stamp duty on the transfer instrument and loan contract for the purchase of a home worth 300.001 rm30.001 to 2,500,000 RM by Malaysian citizens under the Home Ownership Campaign 2020/2021: To calculate: How much you must pay for the stamp of your rental contract, fill your monthly rental and rental time in the next computer. Stamp duty for housing rent takes into account two factors. First, the duration of the agreement is the second is the annual rent of RM2.400. Your stamp duty is RM1000, if you rent for 2 years at the price of RM10k/mo, you advise using SPEEDHOME for your next rental contract. Our rental and stamp duty are a lump sum of RM399/year. The breakdown of payments will also be made transparent.
Good luck! You should consider your options, whether you need to use SPEEDMANAGE or the lawyer`s rental contract. SPEEDMANAGE is completely free for the owner to sign the contract. The tenant pays RM399 for 1 year for Speedsign`s fees. The fee is included in the stamp duty. In addition, if tenants wish to continue renting after the end of the first year of rental, Speedsign`s fees for subsequent years cost only RM199 – 6% ABILITY per year. speedhome.com/blog/tenancy-agreement-charges-in-malaysia/ b) Government contract (i.e. between the Malaysian government or the government/local authority and service providers) Our speedsign fees are charged for RM399-6% NTS for a one-year lease (including stamp duty). To find out the exact stamp duty you need to pay, you can visit our free stamp duty calculator. Understand the formula, how Stamping Fee is calculated for rent inside Malaysia by reading our article here.
