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 rental and rating valuation services are as below:

 

7 % on the first RM 6,000 of annual rental

4 % on the next RM 12,000 of annual rental

3 % on the next RM 24,000 of annual rental

2.5 % on the next RM 120,000 of annual rental

1.5 % on the next RM 1,000,000 of annual rental

1 % on the residue over RM 1,000,000 of annual rental

Minimum Fee : As above, but may be subject to a maximum discount of 30% rent and a minimum fee of RM 300 per case.