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Colliers, Jordan Lee & Jaafar is
registered with the Malaysian Board of Valuers & Real Estate Agents to carry out real
estate brokerage. Our wide network of local contacts coupled with our wide global
network ensures that our listings receives maximum exposure.
Procedures
The first step to appointing us your agent for the sale or lease of your
property is to
complete our Listing Form
and submit it to us.
Our Valuation Division will ascertain the Open Market Value
or the Prevailing Rental Rate for the property. (No charges for ascertaining the value).
For Colliers to list your property, the asking price or rental must be within reasonable range of our ascertained value.
Our Exclusive Agency Agreement will be
presented to you for endorsement authorizing us to act as your exclusive agent
for a period of between three months to a year. The duration depends on the size and
marketability of the property.
Your listed property will be
assigned to one property executive. As an international consultant, we do
not consider non-exclusive listing.
Agency Fees
According to the guidelines issued by the Malaysian Board of Valuers
and real estate agents, we are to use the following scale of fees:
Sale of Property
Land and Buildings
i) 3% on the first RM500,000
ii) 2% on the balance over RM500,000
Chattels including Plant & Machinery
i) 10% of the proceeds
As above, but 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.
Rental of Property
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Duration of Tenancy |
Maximum Fee |
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Up to 2 years
Exceeding 2 years up to 3 years
Exceeding 3 years up to 4 years
Exceeding 4 years (with option for
renewal)
Exceeding 4 years (without option for
renewal) |
1.25 months rental
1.50 months rental
1.75 months rental
1.75 months rental
1.75 months rental
plus
0.25 months rental for
every additional year |
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