The Company adheres strictly to the Fee Structure as contained in the Seventh Schedule of the Valuers, Appraisers and Estate Agents (Amendment) Rules 2000. The maximum allowed discount from the scale fee for valuations is 30%.

1. Fees payable by the Land Administrator under the Land Acquisition Act for Valuation reports.

FROM (RM)	TO (RM)	FEES (RM)
1	50,000	1,500
50,001	500,000	2,500
500,001	1,000,000	3,500

For awards greater than RM1,000,000 the fee shall be a minimum of RM 3,500 plus the fee based on the following rate :-

FROM (RM)	TO (RM)	RATE (%)
1,000,001	2,000,000	6/25%
2,000,001	7,000,000	5/25%
7,000,001	15,000,000	3/20%
15,000,001	50,000,000	3/50%
Any amount over - 50,000,000		6/250%

The fees payable shall be based on the amount awarded by the District Land Administrator. It shall be payable upon the submission by the person claiming compensation based upon a valuation report prepared by a registered valuer or appraiser in accordance with the guidelines issued by the Board for the valuation report. It does not include disbursements nor fees/disbursements for work done in preparation for negotiations and court attendance.


2. Fee for capital valuation for submission to the Securities Commission and the Governor of Bank Negara and plant and machinery valuation services.

3/8 % on the first RM 100,000 3/10 % on the residue up to RM 2 million 1/4 % on the residue up to RM 7 million 3/16 % on the residue up to RM 15 million 3/20 % on the residue up to RM 50 million 1/10% on the residue up to RM200 million 1/15% on the residue up to RM500 million 1/20% on the residue over RM500 million

Minimum Fee : As above, but may be subject to a maximum discount of 30% and a minimum fee of RM 2,000 per case.


3. Fee for other capital valuation/rating valuation services based on an “Improved Value” basis.

1/4 % on the first RM 100,000 1/5 % on the residue up to RM 2 million 1/6 % on the residue up to RM 7 million 1/8 % on the residue up to RM 15 million 71/10 % on the residue up to RM 50 million 1/15% on the residue up RM200 million 1/20% on the residue up to RM500 million 1/25% on the residue over RM500 million

Minimum Fee : As above, but may be subject to a maximum discount of 30% and a minimum fee of RM300 per case.


4. Fee for rental and rating valuation services.

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.


5. Fee for mass valuation services for local authorities.

RM 45 per holding for the first 30,000 holdings RM 40 per holding for the next 20,000 holdings RM 35 per holding for the balance

Minimum Fee : As above, but may be subject to a maximum discount of 30%.
The above fee is inclusive of all costs, except for the additional claims for attendance at objection meetings and judical hearings.


6. Update Valuation
For 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.


7. Revaluations
For 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.


8. Retrospective Valuations
For retrospective valuations :
Fees up to ten times the scale fees may be charged, depending on negotiations with the client.

However, such valuations shall not apply to land acquisition valuations.

Such valuations must be retrospective to at least 5 years from the current date.


9. Additional Claims.
In addition to the fees stated in (1) to (8) claims may be made for :

(a) the cost of printing, plans, copies of documents, lithography travelling and other expenses actually incurred;

(b) a fee of RM 150 per hour or RM 800 per working day of 8 hours for negotiations, attendance at meetings with solicitors, consultants or authorities;
(c) a fee of RM 200 per hour or RM 1000 per working day of 8 hours for giving evidence before judicial bodies.

(d) additional fees can be charged to the client for additional works done in preparation for negotiations and court attendance.


Note :
(1) The fees stated in items 9(b) and 9(c) are chargeable for actual appearance at meetings or before judicial bodies. In the case of postponements, adjournments, etc, (where less than 24 hours notice is given) a minimum fee of RM 400 is chargeable if the meeting or judicial appearance is in the same town/city as the location of the practice and a minimum fee of RM800 is chargeable if the meeting or judicial appearance is outside the location of the practice.

(2) The claims and fees stated in item 9(a) to 9(d) with respect to land acquisition valuations shall not be claimed against the land administrator.