Question 1

How much are legal fees for buying property in Malaysia?

Accepted Answer

Legal fees for SPA in Malaysia are regulated by the Solicitors Remuneration Order: 1% for the first RM500,000, 0.8% for RM500,001–RM1,000,000, and 0.7% above RM1,000,000. Minimum fee is RM300. Loan agreement legal fees are typically 1% of the loan amount.

Question 2

What are MOT (Memorandum of Transfer) fees in Malaysia?

Accepted Answer

MOT (Memorandum of Transfer) is the document for transferring property ownership. The stamp duty on MOT follows the same rate as SPA stamp duty. The registration fee is a fixed amount per the National Land Code.

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