1. Sale
or Purchase
(a)
Land and Buildings
(i) 2.75% on the first RM
500,000
(ii) 2 % on the residue over RM
500,000
(b)
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.
2.
LETTINGS
| Duration
of Tenancy |
Maximum (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 |
1.75
months gross rental |
Exceeding
5 years
(without option for renewal) |
1.75
months gross rental |
Exceeding
5 years
(with option for renewal) |
1.75
months gross rental plus 0.25 months rental
for every additional year |
Minimum
fee: As above, but may be subjected to a maximum discount of 30% or a
minimum fee of ONE(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
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 material.
Note : The above additional claims may not be incurred by the
registered estate agent without prior concurrence of the client.
|
Effective
: 5th July 2002
|
