| 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 |
0.7% |
| For the next RM2,000,000 |
0.6% |
| For the next RM2,000,000 |
0.5% |
| For the next RM2,500,000 |
0.4% |
| 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) |
|
For example:
| If the property price is RM550,000, the calculation is: |
| First RM150,000 @ 1% |
RM1,500 |
| Next RM400,000 @ 0.7% |
RM2,800 |
| Total Legal Fee |
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% |
RM1,500 |
| Next RM850,000 @ 0.7% |
RM5,950 |
| Next RM2,000,000 @ 0.6% |
RM12,000 |
| Next RM2,000,000 @ 0.5% |
RM10,000 |
| Next RM2,500,000 @ 0.4% |
RM10,000 |
| Next RM3,000,000 @ 0.2% (negotiated rate) |
RM6,000 |
| Total Legal Fee |
RM45,450 |
|
