Land & Buildings
(i) 2.75% on the first RM500,000.00
(ii) 2% on the residue over RM500,000.00
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.
Lettings
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.
Rent Reviews
50% of the fees chargeable under lettings.
Additional Claims
In addition to the fees stated in item 1 to 3, claims may be made for:-
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 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.
