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The Board of Valuers, Appraisers and Estate Agents
(statutory
regulator of the valuation of immovable property and the valuation
profession)
has prescribed a standard fee structure in the SEVENTH
SCHEDULE (RULE 48).
According to this standard, the fee structure for other
capital valuation/rating valuation services based on an “Improved Value”
basis are as below:
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1/4 % on the first RM 100,000
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1/5 % on the residue up to RM 2
million
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1/6 % on the residue up to RM 7
million
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1/8 % on the residue up to RM 15
million
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1/10 % on the residue up to RM 50
million
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1/15%
on the residue up RM200 million
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1/20%
on the residue up to RM500 million
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1/25%
on the residue over RM500 million
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Minimum Fee
: As above, but may be subject to a maximum discount of 30% and a
minimum fee of RM 300 per case.
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