S&P Legal Fees

The rate of legal fees in Malaysia for a property sale transaction is based on the Solicitor’s Remuneration (Amendment) Order 2017. It works on the following scale:

Sale and Transfer

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	0.8%
For the next RM2,000,000	0.7%
For the next RM2,000,000	0.6%
For the next RM2,500,000	0.5%
Where the consideration or adjudicated value is in excess of RM7,500,000	Negotiable on the excess (but shall not exceed 0.5% of such excess)

As an example, if your property was sold for RM1,250,000 the legal fees that you will have to pay are:

For the first RM500,000 = RM5,000
For the next RM500,000= RM4,000
For the remaining RM250,000 (i.e. RM1,250,000 – RM1,000,000) = RM1,750

Total = RM10,750

Hunting for a lawyer to help with your sale and purchase or property related matter? Feel free to drop me a line at 012 – 698 0833 and I’ll arrange for one of my legal contacts to get in touch with you.