The first Schedule of the Solicitors Remuneration Order 1991 sets out the fees based on the purchase price of the property as follows:-

1.5% on the first RM150,000
0.7% on the next RM4,900,000
0.25% on the remainder

For the schedule for legal fees it is advisable to consult your lawyers for the present calculation of the legal fees.


All transfer of property is subject to Government Stamp Duty. Rate of Stamp Duty is based on the value of property.

1% on the first RM100,000
2% on the next RM400,000
3% on the next RM1,500,000

For the schedule for stamp duty it is advisable to consult your lawyers for the present calculation.

Take back the first example, if I am to buy at RM240k, SPA at RM300k.
I apply for 75-80% loan, bank will still happily borrow to me if the valuation from valuer stands that RM240k+/-.
Bank doesn't care how expensive you bought that house, bank cares how much you want to borrow for the prop based on their valuation. Even if you buy a RM240k appraised prop at RM500k but you are only borrowing RM200k, bank will still happily borrow money to you.