Jul 10 2023, 05:25 PM
QUOTE(dopamine @ Jul 10 2023, 04:40 PM)
Hi all, i'm the first time home buyer and going to purchase a subsale property.
Understand the stamping duty fees is excluded since first time home buyer and property price below RM500K.
The property agents has quoted me the Legal Fees as below.
Kindly seek your guys advice whether the quoted fees are reasonable or should i survey more option ?
I'm still under learning and exploring more info since i'm the first time home buyer.
Thanks and appreciate your feedback.
SPA & Transfer fees : RM 3854
1. Scale fee for Sale and Purchase of Property (at the purchase price of RM485,000.00) : RM 4850 + 6% SST = RM 5141
2. Preparing and filling Borang CKHT 2A : RM300 + 6% SST = RM 318
3. Statutory Declaration for 1st time home purchase : n/a
REIMBURSEMENT-Sub to SST:-
4. Miscellaneous charges (printing & Stationery, telephone, fax, postage, photostating) : RM 100 + 6% SST = RM 106
5. General travelling & despatch : RM 50 + 6% SST = RM 53
6. Change name in Assessment list : RM 100 + 6% SST= RM 106
DISBURSEMENTS
1. Stamp duty on Sale & Purchase Agreement (4 copies) : RM 40
2. LHDN's processing fee : RM 10
3. Registration fee for Transfer : RM 1000
4. Title search fee : RM 80
Less: - RM 3000
TOTAL AMOUNT : RM 3854
Loan Agreement fees : RM 4402.90
1. Scale fee for Facility Agreement (securing loan sum of RM436,500.00) : RM 4365 + 6% SST = RM 4626.90
2. Subsidiary Instrument - Charge (16A) & Annexure : RM 436.50 + 6% SST = RM 462.69
3. Entry and Withdrawal of Private Caveat -(19B, 19G) : RM 350 + 6% SST = RM 371
4. Statutory Declaration (SD) for owner occupation, non-bankruptcy : RM 100 + 6% SST = RM 106
REIMBURSEMENT-Sub to SST:-
5. Affirmation fee on SD : RM 50 + 6% SST = RM 53
6. Miscellaneous charges (Stationery, photostating, telephone, fax, postage) : RM 100 + 6% SST = RM 106
7. Bankruptcy /Winding-up search fee : RM 100 + 6% SST = RM 106
8. General travelling & despatch : RM 100 + 6% SST = RM 106
9. Bank's Document Fee/Printing charges : RM 100 + 6% SST = RM 106
DISBURSEMENTS:
1. LHDN's processing fee : RM 10
2. Stamp duty on Form 16A, SD, LO : RM 80
3. Title search fee (Official / Private) : RM 220
4. Registration fee on 16A, 19B, 19G (Inclusive of PA Noting fee) : RM 900
Less: -RM 2,851.50
TOTAL AMOUNT : RM 4,402.09
Although the lawyer overcharge on certain items, but considering the discount, I think it's okay la Understand the stamping duty fees is excluded since first time home buyer and property price below RM500K.
The property agents has quoted me the Legal Fees as below.
Kindly seek your guys advice whether the quoted fees are reasonable or should i survey more option ?
I'm still under learning and exploring more info since i'm the first time home buyer.
Thanks and appreciate your feedback.
SPA & Transfer fees : RM 3854
1. Scale fee for Sale and Purchase of Property (at the purchase price of RM485,000.00) : RM 4850 + 6% SST = RM 5141
2. Preparing and filling Borang CKHT 2A : RM300 + 6% SST = RM 318
3. Statutory Declaration for 1st time home purchase : n/a
REIMBURSEMENT-Sub to SST:-
4. Miscellaneous charges (printing & Stationery, telephone, fax, postage, photostating) : RM 100 + 6% SST = RM 106
5. General travelling & despatch : RM 50 + 6% SST = RM 53
6. Change name in Assessment list : RM 100 + 6% SST= RM 106
DISBURSEMENTS
1. Stamp duty on Sale & Purchase Agreement (4 copies) : RM 40
2. LHDN's processing fee : RM 10
3. Registration fee for Transfer : RM 1000
4. Title search fee : RM 80
Less: - RM 3000
TOTAL AMOUNT : RM 3854
Loan Agreement fees : RM 4402.90
1. Scale fee for Facility Agreement (securing loan sum of RM436,500.00) : RM 4365 + 6% SST = RM 4626.90
2. Subsidiary Instrument - Charge (16A) & Annexure : RM 436.50 + 6% SST = RM 462.69
3. Entry and Withdrawal of Private Caveat -(19B, 19G) : RM 350 + 6% SST = RM 371
4. Statutory Declaration (SD) for owner occupation, non-bankruptcy : RM 100 + 6% SST = RM 106
REIMBURSEMENT-Sub to SST:-
5. Affirmation fee on SD : RM 50 + 6% SST = RM 53
6. Miscellaneous charges (Stationery, photostating, telephone, fax, postage) : RM 100 + 6% SST = RM 106
7. Bankruptcy /Winding-up search fee : RM 100 + 6% SST = RM 106
8. General travelling & despatch : RM 100 + 6% SST = RM 106
9. Bank's Document Fee/Printing charges : RM 100 + 6% SST = RM 106
DISBURSEMENTS:
1. LHDN's processing fee : RM 10
2. Stamp duty on Form 16A, SD, LO : RM 80
3. Title search fee (Official / Private) : RM 220
4. Registration fee on 16A, 19B, 19G (Inclusive of PA Noting fee) : RM 900
Less: -RM 2,851.50
TOTAL AMOUNT : RM 4,402.09
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