Odenan & Co. All Rights Reserved.
Legal Fees and Stamp Duty Calculator
Legal associated with sale and purchase agreements and loan agreements are governed by the Solicitorsโ Remuneration Order 2023. The stamp duty applicable to these agreements is set out in the Stamp Act 1949 and the Finance Act 2018. The most recent scale of stamp duty will apply to loan agreements dated on or after 1 January 2019, as well as to sale and purchase agreements and transfer instruments dated from 1 July 2019 onwards. You are welcome to utilize our calculators below. For inquiries and legal fee quotations regarding our advisory and transactional services, please donโt hesitate to contact us.
Legal Fees for Sale and Purchase Agreements / Loan Agreements
Purchase Price or Adjudicated value | Scales of Fees |
For the first RM500,000 | 1.25% (subject to a minimum fee of RM500.00) |
Subsequent RM7,000,000.00 | 1% |
Exceeding RM7,500,000.00 | Subject to negotiation regarding the excess, it shall not exceed 1% of the total excess amount |
Stamp Duty for Sale and Purchase Agreements / Transfers of Property
Purchase Price or Adjudicated Value | Scale of Adjudicated |
First RM 100,000 | 1% |
RM 100,001 to 500,000 | 2% |
RM 500,001 to RM1,000,000 | 3% |
above RM1,000,000 | 4% |
Stamp Duty for Loan Agreement
The Stamp duty for loan agreements is at a fixed rate of 0.5% of the loan amount.
Odenan & Co. All Rights Reserved.