SCALE OF FEES FOR ESTATE AGENCY WITH EFFECT FROM 5 JULY 2002
1. Sale or Purchase
a) Land & Buildings
   (i) 2.75% on the first RM500,000.00
   (ii) 2% on the residue over RM500,000.00

b) Chattels including Plant & Machinery
    10 % of the proceeds
 
Minimun Fee:
  • As above, but may be subject to a maximum discount of 30% and the minimum fee shall be RM1,000 per case.
  • The above scale applies to any sale or purchase by way of private treaty, tender or any other mode 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 scale of foreign properties in Malaysia or sale of Malaysian properties in foreign countries.
   
2.

Lettings
Duration of Tenancy/Lease

Minimum Fee (equivalent to)
 Up to 3 years  1.25 months gross rental
 Exceeding 3 years up to 4 years  1.50 months gross rental
 Exceeding 4 years up to 5 years  1.75 months gross rental
 Exceeding 5 years (without option for enewal)  1.75 months gross rental
 Exceeding 5 years (with option for renewal)  1.75 months gross rental
   plus 0.25 months gross rental for  every additional year
Minimum Fee:
  • As above, but may be subject to maximum discount of 30% or a minimum fee of 1 month rental.
  • For tenancies less than one year, the fee may be calculated on pro rata basis.
  • The above scale shall not apply to serviced offices or apartments or any other premises of a similar nature.
   
3.

Rent Reviews
  50% of the fees chargeable under lettings.
   
4. Additional Claims
  In addition to the fees stated in item 1 to 3, claims may be made for:-
a) 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;
   
b) the cost of media advertisement, signboards, brochures and other promotional material.
   
  Note:
  The above additional claims may not be incurred by the registered estate agent without the prior concurrence of the client.
 
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