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 valuer report, need to pay?

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kh8668
post Mar 1 2011, 09:47 PM

Mamma Mia!
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5,488 posts

Joined: Jun 2008
refer to this

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
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

Minimum Fee : As above, subject to a minimum fee of RM 400 per property.


So your property if valued at RM1.2mil

your first 100k fee @ 0.25% = RM250
the rest of 1.1mil @ 0.20% = RM2200

total fee payable without GST 6% = RM2450

if valuer gave you discount, maybe 30% = RM1715
Plus tax 6%
plus disbursement


should me more than RM1715 but slightly higher/lesser than 2000


Added on March 1, 2011, 9:50 pm
QUOTE(lucerne @ Mar 1 2011, 09:02 PM)
bank has panel of valuers to provide estimate wihtout site visits etc. when u apply for loan, they will do a complete site survey and charge u a bomb. as naing said, the report is totally crap. i dun mind to pay if it is oni 100-200rm.
i think it is not fair to charge higher fee if your prop is higher price coz it is the same basic report.

ps: same to legal fee, it is the same work /doc for prop 100k and 100mil, why must we pay more???
*
you thought this is same applied to petrol price in malaysia ar?

kaya kaya one pay 1.85 per litre same as poor poor one?

that's y should apply in percentage based on value.

kekekekeke


kaya kaya one pay 100...poor poor one pay 100


BIG DIFFERENT you KNOW????

This post has been edited by kh8668: Mar 1 2011, 09:50 PM

 

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