Colliers International Property Consultants, Malaysia

Frequently Asked Question

APPRAISAL FEES

According to the guidelines under 7^th Schedule Valuers, Appraisers and Estate Agents Act, 1981, the scale of fees are as follows:-

Land Acquisition Valuations

For awards greater than RM1,000,000 the fee shall be a minimum of RM3,500 plus the fee based on the following rate :-

Capital Issues and Plant and Machinery Valuations

	³/₈ % on the first RM100,000
	³/₁₀ % on the residue up to RM2 million
	¹/₄ % on the residue up to RM7 million
	³/₁₆ % on the residue up to RM15 million
	³/₂₀ % on the residue up to RM50 million
	¹/₂₀ % on the residue over RM50 million

Minimum Fee : As above, but may be subject to a maximum discount of 30% and a minimum fee of RM2,000 per case.

Other Capital Valuations

	¹/₄% on the first RM100,000
	¹/₅% on the residue up to RM2 million
	¹/₆% on the residue up to RM7 million
	¹/₈% on the residue up to RM15 million
	¹/₁₀% on the residue up to RM50 million
	¹/₂₅% on the residue over RM50 million

Minimum Fee : As above, but may be subject to a maximum discount of 30% and a minimum fee of RM300 per case.

Rental and Rating Valuations

	7 % on the first RM6,000 of Annual Rental
	4 % on the next RM12,000 of Annual Rental
	3 % on the next RM24,000 of Annual Rental
	2.5 % on the next RM120,000 of Annual Rental
	1.5% on the next RM1,000,000 of Annual Rental
	1% on the residue over RM1,000,000 of Annual Rental

Minimum Fee : As above, but may be subject to a maximum discount of 30% and a minimum fee of RM300 per case.

Mass Valuations for Local Authorities

	RM45 per holding for the first 30,000 holdings
	RM40 per holding for the next 20,000 holdings
	RM35 per holding for the balance

The above fee is inclusive of all costs, except for the additional claims for attendance at objection meetings and judicial hearings.

* All fees are exclusive Disbursement and 5% Government Service Tax.