Motorcycle ownership transfer fee reduced for Sabah and Sarawak – inline with Peninsular Malaysia at RM3

Motorcycle ownership transfer fee reduced for Sabah and Sarawak – inline with Peninsular Malaysia at RM3

Motorcycle ownership transfer fees for Sabah and Sarawak has been brought inline with the rate for Peninsular Malaysia, which is RM3. In a press statement issued by the Ministry of Transport, the new fee is effective April 1.

While the current ownership transfer rate for Peninsular Malaysia RM3, in Sabah it is RM40 while in Sarawak, a fee of RM5 is charged. The fee standardisation is to help reduce the financial burden for Malaysians, especially those in the B40 group, which is households with a monthly average income of less than RM3,860.

A total of 12,933,042 motorcycles of all capacities were registered and on-the-road in Malaysia, as of June 2017. For the previous year, 496,000 motorcycles were registered and in January 2018, 50,000 motorcycles were sold, representing a 5% increase over the same period last year.

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Mohan K Ramanujam

Coming with diverse and extensive experience in heavy engineering, Mohan enjoys making anything with wheels go fast, especially motorcycles. His weapon of choice is the Desmoquattro engine, and he has a penchant for anything with a dash of Italian design. Strangely enough, he insists he's a slow rider.

 

Comments

  • sick&tired on Mar 14, 2018 at 8:04 pm

    should also standardise the road tax! we in peninsular should be paying the same as Sabah/Sarawak!

    Like or Dislike: Thumb up 3 Thumb down 1
  • panjang on Mar 15, 2018 at 1:05 pm

    They should ‘standardize’ semenanjung MY road tax with borneo rate…

    Like or Dislike: Thumb up 2 Thumb down 1
 

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