How much is the Tenancy Agreement Preparartion fee?

How much is the Tenancy Agreement Preparartion fee?

How much is the Tenancy Agreement Preparartion fee?

Legal fee for preparation of Tenancy Agreement up till 3 years is 30% of the monthly rental (subject to a minimum of RM 500). Subjected to 8% SST.

Example:

To prepare a Tenancy Agreement for a monthly rental of RM 5,000 per month:

Legal fees = RM5,000 x 0.3 = RM 1,500.00

8% SST = RM 1,5000 x 0.08 = RM 120.00

Miscellaneous fees = RM 50.00

8% SST = RM 4.00

Total Legal Fees = RM 1,674