Stamp duty is levied on the amount which is higher.

The SNP price may not be the figure in their database. Sometimes there are buyers/seller who wants a lower figure in the SNP than the actual transacted price for only 1 reason.....which is against the law ... cheating for stamp duty/rpgt purpose. That is why the govt would do their own valuation.

A lower purchase price stated may not be an advantage to the buyer if he sells the property within 5 years due to rpgt unless he elects for 1 time exemption if is a residential property.

A person can appeal with a copy of the bank valuation report but then it is not a must the IRB will agreed to the price.

u should be bought under MV property rite ?

last year i did bought an under MV props, SNP price is under MV, my lawyer give quotation of  stamp duty  i need to pay based on the valuation price that did by JPPH which is around MV.

i just pay since that the flow, never did appeal before.

Can try to appeal then don't have high hopes for it.

They usually won't revise the ad valorem stamp duty for you.

The instrument i.e. Transfer is lodge to IRB which IRB then forwarded it to JPPH for valuation. Then JPPH will do a valuation and forward back the valuation to IRB, which IRB will issue a notice of "DUTI AD VALOREM" (which determines the stamp duty).

The amount difference in stamp duty are usually due to JPPH valuation.

1)
Latest Transacted Price : 500k. Stamp duty : RM 9k
JPPH Valuation : >RM 500k. Adjust accordingly
SPA Price : RM 450k. Stamp duty : RM 8k

Whichever is higher. So have to pay RM 9k.

2)
Latest Transacted Price : 500k. Stamp duty : RM 9k
JPPH Valuation : >RM 500k. Adjust accordingly
SPA Price : RM 600k. Stamp duty : RM 12k

Whichever is higher. So have to pay RM 12k.

Like someone mention, one can always appeal the valuation. But if the property value are too small, no point go waste time and appeal value lah... Just pay loh.

Unless talking about a few mil props, then yes. Can try appeal.