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TSicecream
post Aug 16 2009, 03:54 AM, updated 17y ago

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Normally how much will the valuation company will charge for a evaluation report? it is depend on the property type or value of the property?
tyj82
post Aug 16 2009, 04:27 AM

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mine got charged for RM600 from OCBC. for 350K house
airline
post Aug 16 2009, 11:25 AM

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depends on property value.
if together with bank loan, free already nowadays
eucalyptol
post Aug 16 2009, 03:50 PM

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Its Valuation report... not evaluation biggrin.gif

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
1/10 % 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

Eg: RM350K valuation will cost RM875 based on normal scale fees..... but there is a 30% discount. So works out to be abt RM612.




TSicecream
post Aug 17 2009, 08:53 AM

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that valuation company wan to charge me RM500 for a property less than 100k.. izit reasonable?

 

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