Real estate agency fee for sale or purchase and letting are provided in the Seventh Schedule (Rule 48) of Valuers, Appraisers and Estate Agents Act 1981 and Rules 1986.

ESTATE AGENCY FEES

(a) Land and Buildings Maximum fee of 3%
 

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

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

 

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

 

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 sale of foreign properties in Malaysia or sale of Malaysian properties in foreign countries.
 

Minimum fee : As above, but may be subject to a maximum discount of 30 % or a minimum fee of 1 month rental.

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

3. Rent Reviews - 50 % of the fees chargeable under lettings
 

4. Additional Claims

In addition to the fees stated in items 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 advertisements, signboards, brochures and other promotional mate