Legal Fee Calculation Method
The Legal Fee for a standard Sale & Purchase Agreement is based on Solicitors’ Remuneration Order 2005. The scale fees are as follow:
Consideration or Adjudicated Value | Scale of Fees |
For the first RM150,000 | 1.0% (subject to a minimum fee of RM300) |
For the next RM850,000 | 0.70% |
For the next RM2,000,000 | 0.60% |
For the next RM2,000,000 | 0.50% |
For the next RM2,500,000 | 0.40% |
Where the consideration or adjudicated value is in excess of RM 7,500,000 | Negotiable on the excess (but shall not exceed 0.4% 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 (with 6% service tax & disbursement) 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 0.4%.