Property Calculator Malaysia 2026

Refinancing can save you RM 50,000–200,000 over the remaining tenure, depending on the interest rate difference. For example, refinancing a RM 400,000 loan from 4.5% to 3.5% saves approximately RM 200/month. However, consider the costs: legal fees (RM 3,000–8,000), valuation fees (RM 500–2,000), and any lock-in period penalties from your current bank.

Quit rent is an annual land tax payable to the state government. It's calculated based on the land area and category (residential, commercial, agricultural). Rates vary by state — in Selangor, residential land is charged around RM 0.035–0.15 per sq ft. Quit rent must be paid by June 1 each year to avoid penalties. Most state land offices now accept online payments.

The best time to refinance is when: (1) current market rates are at least 0.5-1% lower than your existing rate, (2) your lock-in period has expired (usually 3-5 years), (3) you have at least 10+ years remaining on your tenure, and (4) your property value has increased. Check with multiple banks as rates and cash-back offers vary significantly.

Stamp duty on property transfers is calculated on a tiered basis: 1% on the first RM 100,000, 2% on RM 100,001–500,000, 3% on RM 500,001–1,000,000, and 4% on amounts above RM 1,000,000. First-time homebuyers may be eligible for stamp duty exemptions on properties priced up to RM 500,000. Loan agreement stamp duty is fixed at 0.5% of the loan amount.