Sale And Purchase Agreement Legal Fees 2023
SPA, Stamp Duty, And Legal Fees For Malaysian Property
The schedule below as a reference of stamp duty and legal fees when purchasing a house.
Latest Update – 2023
Professional Legal Fees:
For The First RM500,000.00 – 1.0% (Subject to a minimum fee of RM500.00)
For The Next RM500,000.00 – 0.80%
For The Next RM2,000,000.00 – 0.70%
For The Next RM2,000,000.00 – 0.60%
For The Next RM2,500,000.00 – 0.50%
2023 STAMP DUTY SCALE (From 1st July 2019)
Stamp duty Fee 1% : For First RM100,000
Stamp duty Fee 2% : RM100,001 To RM500,000
Stamp duty Fee 3% : RM500,001 and RM1,000,000
Stamp duty Fee 4% : >RM1,000,000
- Professional Legal Fees to be included 6% of SST.
- Disbursement Fees to be ranging of RM1000-RM1500.00 (based on estimation)
- For first time house buyer, you can check for the latest stamp duty exemption as the link below:
- https://malaysiahousingloan.net/updates-on-stamp-duty-for-year-2017/
Loan Agreement Legal Fees Latest Update 2023
Professional Legal Fees:
For The First RM500,000.00 – 1.0% (Subject to a minimum fee of RM500.00)
For The Next RM500,000.00 – 0.80%
For The Next RM2,000,000.00 – 0.70%
For The Next RM2,000,000.00 – 0.60%
For The Next RM2,500,000.00 – 0.50%
Loan Stamp Duty
Total Loan Amount X 0.50%
- Professional Legal Fees to be included 6% SST of government tax.
- Disbursement Fees to be ranging of RM1000-RM1500.00 (based on estimation)
- For first time house buyer, you can check for the latest stamp duty exemption as the link below:
- https://malaysiahousingloan.net/updates-on-stamp-duty-for-year-2017/
Check out our home loan legal fees quotation for free: https://malaysiahousingloan.net/legal-fees-calculator/
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