Scale of fees - Estate agency

Sale or purchase

  • Land and building (Maximum fee of 3%)

  • Fees for other services such as joint venture, sale of company, property swaps, etc. (Maximum fee of 3%)

  • Chattels including Plant & Machinery (10% of the proceeds)

Minimum fee : As above, subject to a minimum fee of RM1,000 per property.

The above scale applies to any sale or purchase by way of private treaty, tender or any other modes of disposal or acquisition.

For sale and marketing of projects by registered estate agents, the fees are to be agreed between the estate agent and the client.

The above scale of fees shall not apply to the sale of foreign properties in Malaysia or sale of Malaysian properties in foreign countries.

Scale of fees

  • Valuation services

    • Capital / Rating valuation 

    • For land acquisition cases

    • Submission to SC / Central Bank & Plant & Machinery valuation

    • Rental / Rating valuation

    • Mass valuation for local authorities

    • Update valuation

    • Revaluation

    • Retrospective valuation

    • Additional claims

Additional claims

I​n addition to the above fees, claims may be made for the following:

  • The cost of printing, plans, copies of documents, lithography, travelling (only where the distance between the estate agent's office and the property is more than 40 km) and other expenses actually incurred;

  • The cost of media advertisements, signboards, brochures and other promotional materials.

Note: The above additional claims may not be incurred by the registered estate agent without the prior concurrence of the client.​

Lettings

  • Duration of tenancy up to 3 years - 1.25 months of gross rental (maximum fee)

  • Duration of tenancy exceeding 3 years up to 4 years - 1.5 months of gross rental (maximum fee)

  • Duration of tenancy exceeding 4 years up to 5 years - 1.75 months of gross rental (maximum fee)

  • Duration of tenancy exceeding 5 years - 1.75 months of gross rental (maximum fee)

  • Duration of tenancy exceeding 5 years (without option to renewal) - 1.75 months of gross rental (maximum fee)

  • Duration of tenancy exceeding 5 years (with option to renewal) - 1.75 months of gross rental plus 0.25 month rental for every additional year (maximum fee)

Minimum fee : As above, subject to a minimum fee of 1 month rental.

For tenancies less than one year, the fee may be calculated based on a pro rata basis. The above scale shall not apply to serviced offices or apartments or any other premises of a similar nature.

Rent reviews

  • 50% of the fees chargeable under lettings.