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Total Rental Costs Calculator

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Total Rental Costs Calculator

Calculate Tenancy Agreement Security Deposits, Utilities Deposit, Stamp Duty, Agent Fees, Legal Fees, etc. for industrial property rentals in Penang to get a total picture of the upfront Total Rental Cost.

Compare other different scenarios in a table to see the differences.

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Industrial Rental Cost Analysis
Item
Scenario A
Scenario B
Scenario C
1. Lease Details
Monthly Rental (RM)
Tenancy Period (Years)
Land Status (PDC Fees?)
2. Payments to Landlord
Advance Rental (Earnest Deposit)
Mths
0
Mths
0
Mths
0
Security Deposit
Mths
0
Mths
0
Mths
0
Utility Deposit
Mths
0
Mths
0
Mths
0
Subtotal A (Landlord)
0
0
0
3. Govt & PDC Fees
Stamp Duty (LHDN + Stamping)
0
0
0
PDC Consent Fee (Contract %)
Pay?
Share %
0
Pay?
Share %
0
Pay?
Share %
0
PDC Admin Fee (RM10 / RM20 psf)
0
0
0
Subtotal B (Govt/PDC)
0
0
0
4. Professional Fees
Legal Fee (Tenancy Agreement)
0
0
0
Agency Fee
Mths
0
Mths
0
Mths
0
SST (8%) (On Legal & Agency)
0
0
0
Subtotal C (Professionals)
0
0
0
Total Move-In Cost
0
0
0
General Disclaimer: The tools and calculators provided on PenangIndustrial.com are designed for preliminary estimation and strategic planning purposes only. While every effort is made to ensure accuracy based on current Malaysian standards and guidelines, these results do not constitute official technical or financial advice. Users are strongly advised to consult with qualified professionals (Surveyors, Engineers, Accountants, Valuers or Solicitors) before making final investment or operational decisions. PenangIndustrial.com assumes no liability for errors, omissions, or decisions made based on these estimates.
TOTAL A 0
TOTAL B 0
TOTAL C 0
Prepared by PenangIndustrial.com
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Fee Structures & Calculation Logic

  • Stamp Duty (Tenancy Agreement): Calculated based on the Stamp Act 1949 (LHDN). The duty applies to annual rental in excess of RM2,400. The standard rates used are: RM1 per RM250 (Tenancy < 1 year), RM2 per RM250 (1–3 years), and RM4 per RM250 (> 3 years). The calculation includes a standard RM10 stamping fee.

  • Legal Fees (SRO Scale): Estimated using the Solicitors’ Remuneration Order (SRO) 2023, Second Schedule. The standard scale for tenancy agreements is typically 30% on the first RM10,000 of monthly rental and 15% on the next RM90,000. (Note: You may select “% Rate” or “Fixed” in the calculator if you have a private arrangement).

  • PDC Consent Fee: Applicable only to leasehold properties on Penang Development Corporation (PDC) land. The fee is calculated on the Total Contract Value (Monthly Rent × 12 months × Years).

    • Operating Owners: Charged at 5%.

    • Non-Operating Owners: Charged at 10%.

  • PDC Admin (Approval) Fee: A processing fee applicable primarily to Non-Operating Owners on PDC land. This is estimated at RM10 psf (Mainland) or RM20 psf (Island) based on the land area input.

  • Agency Fees: Based on the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEA) 7th Schedule. 

  • SST: A Service Tax of 8% is automatically calculated on Professional Services (Legal Fees and Agency Fees) effective March 1, 2024.

General Disclaimer: The tools and calculators provided on PenangIndustrial.com are designed for preliminary estimation and strategic planning purposes only. While every effort is made to ensure accuracy based on current Malaysian standards and guidelines, these results do not constitute official technical or  financial advice. Users are strongly advised to consult with qualified professionals (Surveyors, Engineers, Accountants, Valuers or Solicitors) before making final investment or operational decisions. PenangIndustrial.com assumes no liability for errors, omissions, or decisions made based on these estimates.