Individual Investor Opportunities
Guidelines
Solicitor's fees are set out under the Solicitors' Remuneration Order 2006. Investors are advised to approach the Malaysian Bar Council for any recommendations and enquiries pertaining to legal representation and fee payments related to property investments. Where the consideration/ adjudicated value is in excess of RM7,500,000, fees are negotiable on the excess (but shall not exceed 0.4% of such excess). Stamp Duty & Legal Fees are subject to 5% government tax.
| Consideration or Adjudicated Value |
Scale 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% |
Sources: Malaysian Economy in Figures 2010 (Economic Planning Unit), Social Statistics Bulletin Malaysia 2009 (Department of Statistics) |
