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, all update valuations carried out under the Malaysian Valuation Standard 8, the fee payable shall be at a minimum of 15% of the Scale Fees or RM200 per case whichever is higher.