Since this is my Professional Practice Class

Legal Fees Payable in Buying or Selling a Property

The legal fees payable to a lawyer acting for you when you buy or sell a property is calculated based on the purchase price as follows:-

- For the first RM 150,000, the legal fees payable is 1 %
- For the next RM 850,000, the legal fees payable is 0.7%
- For the next RM 2,000,000, the legal fees payable is 0.6%
- For the next RM 2,000,000, the legal fees payable is 0.5%
- For the next Rm 2,500,000, the legal fees payable is 0.4%
- For the remaining, if any, negotiable

For instance, if the purchase price is RM 400,000. The calculation is as follows-
Total legal fees = ( RM 150,000 x 1% ) + (RM 250,000 x 0.7%)

No discount rule

According to Solicitors' Remuneration Order, lawyers are strictly not allowed to give discount in conveyancing matters.

So this is how you need to set aside the budget for buying home for current pricing that have gone to RM200 K.
I pity for person who have to pay more for the lawyer and loan percentage.

No really ..

>_<

for more info

go to this LINK