Q2. What is the commission payable to an agent? Is it dependent on the duration of lease?
2 Answers
Although condominiums and serviced apartments have rather similar amenities, there are some notable differences between both property types. One difference between the two is that a service apartment is almost always flagged for commercial use, as opposed to residential stays at condominiums. The other key differences are here: https://www.propertyguru.com.my/property-guides/serviced-apartment-condo-malaysia-16623
For homes or rooms to let, the fees are subject to a minimum fee of 1 month’s rental. If you are renting for a year or less, the fee is pro-rated. These rates do not apply for serviced apartments and serviced offices. We've a table of how much one can expect to pay for the agent's fees when it comes to rental properties. It's here:
https://www.propertyguru.com.my/property-guides/pay-property-agent-fees-buyer-or-seller-13261
Best regards,
Team PropertyGuru Read More