CALCULATION METHOD (LEGAL FEES) The Legal Fee Calculator for a standard Sale & Purchase Agreement is based

on solicitors' remuneration order 2005. The scale fees are as follow: Consideration or Adjudicated Value For the first RM150,000 For the next RM850,000 For the next RM2,000,000 For the next RM2,000,000 For the next RM2,500,000 Where the consideration or adjudicated value is in excess of RM 7,500,000 Sales & Purchase Agreement Legal Fees Calculator For example: Scale of Fees 1.0% (subject to a minimum fee of RM300) 0.7% 0.6% 0.5% 0.4% Negotiable on the excess (but shall not exceed 0.4% of such excess)

If the property price is RM550,000, the calculation is: First RM150,000 @ 1% Next RM400,000 @ 0.7% Total Legal Fee RM1,500 RM2,800 RM4,300

If the property price is RM10.5 million, the rate above RM7.5 million is negotiable between the law firm and the client. If say the negotiated rate is 0.2%, the calculation is: First RM150,000 @ 1% Next RM850,000 @ 0.7% Next RM2,000,000 @ 0.6% Next RM2,000,000 @ 0.5% Next RM2,500,000 @ 0.4% Next RM3,000,000 @ 0.2% (negotiated rate) RM1,500 RM5,950 RM12,000 RM10,000 RM10,000 RM6,000

Total Legal Fee

RM45,450

STAMP DUTY In addition to Legal Fees, a buyer will also need to pay ad valorem stamp duty on the property transfer: Consideration or Adjudicated Value First RM100,000 Next RM400,000 Thereafter Stamp Duty Calculator For example: Scale of Fees 1% 2% 3%

If the property price is RM550,000, the calculation is: First RM100,000 @ 1% Next RM400,000 @ 2% Next RM50,000 @ 3% Total Legal Fee RM1,000 RM8,000 RM1,500 RM10,500