In An Emergency
Edit
Click here to add content.
Make an Appointment

Legal Fees Scale

Legal Fees For Sale And Purchase Of Property

Pursuant to the Solicitors’ Remuneration Order (Amendment) 2017, the scale of professional fees is as follows:

Sales & Transfer

Consideration or Adjudicated Value

Scale of Fees

For the first RM500,000

1.25% (subject to a minimum fee of RM500)

For the next RM7,000,000

1%

Where the consideration or adjudicated value is in excess of RM 7,500,000

Negotiable on the excess (but shall not exceed 1% of such excess)

Legal Fees For Loan Agreement

Charge, Debenture and other Security or Financing Documents

Amount Secured or Financed

Scale of Fees

For the first RM500,000

1.25% (subject to a minimum fee of RM500)

For the next RM7,000,000

1%

Where the amount secured or financed is in excess of RM 7,500,000

Negotiable on the excess (but shall not exceed 1% of such excess)

For the principal instrument

Full scale fee

For each subsidiary instrument within the meaning of s.4(3) Stamp Act 1949

10% of scale fee (subject to a minimum fee of RM500 and a maximum fee of RM2,000)

Stamp Duty For Sale of Property

Pursuant to the Stamp Act 1949, the stamp duty calculation for sale of property is as follows:

Consideration or Adjudicated Value

Ad Valorem Rate

First RM100,000

1.0% (subject to a minimum fee of RM500)

Next RM400,000

2%

Thereafter

3%

Stamp Duty For Loan Agreement

The stamp duty on loan agreement for the purchase of property is 0.5% of the loan value.

Quick Links

JB Office

  • 07-3352668 / 07-3357668
  • tan@ourlawyer.com.my
  • No.14-2,2nd Floor, Jalan Harimau, Century Garden, 80250 Johor Bahru, Johor Darul Takzim.

PJ Office

  • 03-61406966
  • wong@ourlawyer.com.my
  • No.31-3, 2nd Floor, PJU 5/10, Dataran Sunway, Kota Damansara, 47810 Petaling Jaya, Selangor

Kulai Office

© 2022 All Rights Reserved | Develpoed by Channel Soft PLT.