| When lease/tenancy is for a period | |||
| Without fine or premium when average rent other considerations calculated for a whole year | Not Exceeding 1 Yr | Exceeding 1 Yr But Not Exceeding 3 Yrs | Exceeding 3 Yrs |
| (i) Does not exceed RM2,400 | Nil | Nil | Nil |
| (ii) For every RM250 or part In excess of RM2,400 | 1.00 | 2.00 | 4.00 |
For example: If a property is rented out for RM800 a month for a 2 year period:
The yearly rental shall be RM9,600.
The stamp duty shall be: (RM9,600 – RM2,400) / RM250 = RM29 X 2 years = RM58 (for the original copy)
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