Estate Agent Fee

Sale or purchase 1

Land and buildings

3% on the first RM 500,000
2% on the residue over RM 500,000

Chattels including Plant & Machinery

10% of the proceeds


Lettings 2
Duration of tenancy
Maximum fee


Up to 2 years
- 1.25 months rental

Exceeding 2 years up to 3 years
- 1.5 months rental

Exceeding 3 years up to 4 years
- 1.75 months rental

Exceeding 4 years (with renewal option)
- 1.75 months rental

Exceeding 4 years (without renewal option)
- 1.75 months rental plus 0.25 month rental for every additional year


Rent reviews
50% of the fees chargeable under lettings


Additional claims
The cost of printing, plans, copies of documents, lithography, traveling (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 material


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


Note:
1.
The fee may be subject to a maximum discount of 30% if the sale price of the property exceeds RM20 million. The above scale applies to any sale or purchase by way of private treaty, tender or any other mode of disposal or acquisition.

2.
The above fee may be subject to a maximum discount of 30%.