Legal Fee Calculation Method
The Legal Fee for a standard Sale & Purchase Agreement is based on Solicitors’ Remuneration Order 2017. The scale fees are as follow:
Consideration or Adjudicated Value | Scale of Fees |
For the first RM500,000 | 1.0% (subject to a minimum fee of RM500) |
For the next RM500,000 | 0.80% |
For the next RM2,000,000 | 0.70% |
For the next RM2,000,000 | 0.60% |
For the next RM2,500,000 | 0.50% |
Where the consideration or adjudicated value is in excess of RM 7,500,000 | Negotiable on the excess (but shall not exceed 0.5% of such excess) |
Stamp Duty Calculation Method
In addition to Legal Fees, a buyer will also need to pay ad valorem stamp duty on the property transfer:
Consideration or Adjudicated Value | Scale of Fees |
First RM100,000 | 1% |
Next RM400,000 | 2% |
Thereafter | 3% |
To use the calculator key in the property price. The calculator will automatically calculate total legal or lawyer fees and stamp duty or Memorandum of Transfer (MOT).
For property price exceeding RM7.5 million, legal fees of the excess RM7.5 million is negotiable but subjected to maximum of 0.5%.