Frequently Asked Question             


PROPERTY MANAGEMENT PROFESSIONAL FEES

The scale of fees as gazetted under the Valuers, Appraisers & Estate Agents Rules, dated March 6, 1986, prescribed to be the scale for property management services is as follows:

12.5 % of the gross annual rent on the first RM50,000/-

10 % of the gross annual rent on the residue up to RM100,000/-

7.5  % of the gross annual rent on the residue over RM100,000/-

(Gross annual rent is defined to mean "the rents reserved or deemed to be reserved by the lease or lettings plus any incidental receipts collected and/or accounted for in the course of management)

(Minimum Fee : RM50 per month per holding)

  1. When and why is a professional agent required ?

  2. What are the brokerage fees ?

  3. What are the necessary fees required for a real estate property transaction ?

  4. What are your scope of work when you manage a property ?

  5. What are your management fees ?

  6. What sort of consultancy services do Colliers offer ?

  7. What is your scope of work in doing feasibility & marketability study ?

  8. When is a property appraisal needed ?

  9. Who can appraise my property  and what does an appraisal report contain?

  10. What are the appraisal fees ?

  11. How can I become an appraiser ?

 

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