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For First RM100K =0.25%
Next residue up to RM2 mil = 0.2%
Next residue up to RM7 mil = 0.167%
Next residue up to RM15 mil = 0.125%
Next residue up to RM50 mil = 0.10%
Next residue up to RM200 mil = 0.067%
Next residue up to RM500 mil = 0.05%
Next residue more than RM500 mil = 0.04%
Minimum Fee : As above, subject to a minimum fee of RM 400 per property.
Example 1
House value at RM 1,000,000
Valuation Fees Calculation:
a. First RM 100K = RM 100,000 x 0.25% = RM 250
b. Residue = (RM 1,000,000 – RM 100,000)x 0.2% = RM 1,800
c. Total Valuation Fees = RM 250 + RM 1,800 = RM 2,050
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