Sales & Purchase Agreement

FIRST TIME HOME BUYER

Fees involves in Sales & Purchase Agreement

It’s important to prepare a solid budget that maps out the costs and expenses involved in home-buying before sealing the deal. Aside from down payment, there’s also Legal fees and Stamp Duty for the Sales & Purchase Agreement.

LEGAL FEE

CATEGORY

PRICE TIER

SCALE OF FEES

Sale & Transfer

First RM500,000

1.25% (subject to a minimum fee of RM500)

Next RM7,000,000

1%

More than RM7,500,000

Negotiable (shall not exceed 1%)

Lease

RM10,000 or less

60% (subject to a minimum fee of RM1,000)

Exceeding RM10,000

Minimum of 30% but shall not exceed 50% of monthly rental

Tenancy

RM10,000 or less

30% (subject to a minimum fee of RM500)

Exceeding RM10,000

Minimum of 15% but shall not exceed 25% of monthly rental

Charges, Debentures, & other Security / Financing Documents

First RM500,000

1.25% (subject to a minimum fee of RM500)

Next RM7,000,000

1%

Exceeding RM7,500,000

Negotiable (shall not exceed 1%)

For the principal instrument

Full scale fee

For each subsidiary instrument

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

Discharge of Charge

First title

RM400

Each additional title in the same instrument

RM100

Deed of Reassignment

First property

RM500

Each additional property in the same deed

RM100

Revocation of Power of Attorney

RM200

Preparing, Filing or Witnessing Miscellaneous Documents

Witness execution of a document

RM100 for first and RM50 for subsequent copy

Witness execution of a document and giving attestation certificate

RM200 for first and RM100 for subsequent copy

Forms under sections 352 - 364 Companies Act 2016

RM500 per set

STAMP DUTY​

Stamp Duty Fees for Instrument of Transfer 2023

PRICE TIER

STAMP DUTY (% of PROPERTY PRICE)

For first RM100,000

1%

For RM100,001 - RM500,000

2%

For RM5,000,001 - RM1,000,000

3%

For RM1,000,001 and above

4%

Stamp Duty Fees for Loan Agreement 2023

0.5% of loan amount

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