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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 revaluations carried out
under the Malaysian Valuation Standard, the fee payable shall be at a
minimum of 30% of the Scale Fees or RM300 per case whichever is higher.
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