ESTATE AGENCY FEES

ESTATE AGENCY FEES

1. Sale or Purchase
(1) Land and Buildings

(i) 2.75% on the first RM 500,000 (ii) 2 % on the residue over RM 500,000

(2) Chattels including Plant and Machinery - 10 % of the proceeds

Minimum 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 Sales and Marketing of projects by registered estate agents the fees is 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 sales of Malaysian properties in foreign countries.