Top Local Real Estate Agencies in Brunei

Published on October 4, 2025 and written by Cyril Jarnias

Brunei, a small sultanate nestled on the island of Borneo, offers unique real estate investment opportunities for international investors. With its stable economy and high quality of life, the Bruneian real estate market is increasingly attracting attention from foreign buyers. To navigate this expanding market, it’s crucial to rely on the expertise of reputable local real estate agencies. In this article, we will explore the best real estate agencies in Brunei, guide you through the selection process, and inform you about the management fees to expect.

Key Players in the Bruneian Real Estate Market

The real estate market in Brunei is dominated by several local agencies that have established themselves as industry references. Here’s an overview of the main agencies, with their strengths and areas for improvement:

1. Armada Properties

Armada Properties has established itself as one of the most respected real estate agencies in Brunei. Founded in 1994, this local company has developed deep expertise in the Bruneian market.

• Extensive portfolio of residential and commercial properties
• Multilingual team speaking English, Malay, and Mandarin
• Excellent knowledge of local regulations
• Comprehensive services, from property search to rental management

• Fees sometimes higher than market average
• Response times can be slow during peak demand periods

Armada Properties stands out for its ability to provide personalized service to each client, whether local or international investors. Their deep knowledge of the luxury market makes them a preferred choice for high-end buyers.

2. Valor Property Agency

Valor Property Agency is a newer agency that has quickly gained recognition through its innovative approach and mastery of new technologies.

• High-performance online platform for property search
• Use of virtual reality for remote viewings
• Young and dynamic team
• Strong social media presence

• Smaller property portfolio than some competitors
• Limited experience in certain market segments

Valor Property Agency distinguishes itself through its modern approach to the real estate market. Their use of cutting-edge technology greatly facilitates the buying process for international investors who cannot always visit in person.

3. Sengkurong Properties

Sengkurong Properties is a family agency that has built a solid reputation through its personalized approach and intimate knowledge of the local market.

• Close relationships with local property owners
• Excellent knowledge of residential neighborhoods
• Warm and attentive customer service
• Competitive pricing

• Fewer resources for commercial investors
• Limited online presence

Sengkurong Properties excels in assisting buyers looking for residential properties. Their deep understanding of local communities is a major asset for investors wanting to integrate into the Bruneian social fabric.

Finding the Perfect Match: How to Select the Ideal Agency

Choosing the right real estate agency in Brunei is a crucial step for successful investment. Here are some tips to help you make the best choice:

Clearly Define Your Objectives

Before starting your search, take time to precisely define your investment objectives. Are you looking for a primary residence, rental property, or commercial investment? Your budget and location preferences are also determining factors.

Conduct Online Research

The internet is your best ally for initial prospecting. Check agency websites, their social media pages, and customer reviews. An agency with strong online presence and positive feedback is generally a good sign.

Verify Accreditations

In Brunei, real estate agents must be accredited by the Board of Valuers, Estate Agents and Property Managers (BOVEAP). Ensure the agency and its agents possess the necessary licenses.

Evaluate Local Expertise

Deep knowledge of the local market is essential. Don’t hesitate to ask specific questions about neighborhoods that interest you, market trends, and local regulations.

Meet Multiple Agents

Take time to meet several agents, whether in person or via video conference. This will allow you to assess their professionalism, responsiveness, and ability to understand your needs.

Examine Contracts Carefully

Before committing, read the contract terms carefully. Make sure you understand the included services, fees, and termination conditions.

By following these steps, you’ll significantly increase your chances of finding a real estate agency that meets your expectations and effectively supports your investment project in Brunei.

Financial Transparency: Understanding Real Estate Management Fees

Investing in real estate in Brunei requires understanding the structure of real estate management fees. These fees can vary between agencies, but here’s a general overview of what to expect:

Leasing Fees

For property leasing, real estate agencies in Brunei typically charge between 8% and 12% of the annual rent. This percentage may vary depending on the property value and lease duration.

Property Management Fees

If you opt for full management of your rental property, monthly fees typically range between 5% and 8% of the monthly rent. These fees cover rent collection, minor repair management, and tenant communication.

Lease Renewal Fees

For renewing existing leases, agencies often charge a flat fee or a percentage of the monthly rent, typically around 50% of one month’s rent.

Maintenance Fees

Maintenance fees are typically charged separately and can vary considerably depending on the property’s needs. Some agencies offer preventive maintenance packages, while others charge per service.

Marketing Fees

For property sales, marketing fees typically range between 2% and 3% of the sale price. This percentage may be negotiable for very high-value properties.

Administrative Fees

Some agencies charge administrative fees for preparing legal documents, declaring rental income to tax authorities, etc. These fees are often flat rates and can range from 100 to 300 BND per year.

It’s important to note that these percentages are indicative and may vary depending on the agency, property type, and nature of services provided. Always request a detailed quote before committing.

Negotiation and Transparency

Don’t hesitate to negotiate fees, especially if you’re considering a long-term relationship with the agency. Most agencies are open to discussion, particularly for significant portfolios.

Always demand total transparency about the fee structure. A good agency will provide a contract clearly detailing all costs associated with their services.

Value Added vs Cost

When evaluating an agency’s fees, consider the value they add. A more expensive agency may be justified if it offers superior services, better market knowledge, or a broader network that could maximize your rental income or accelerate your property sale.

Conclusion: Your Springboard to Real Estate Success in Brunei

Investing in real estate in Brunei offers promising prospects for savvy investors. Choosing a competent local real estate agency is key to successfully navigating this unique market.

Whether you choose the reliability and experience of Armada Properties, the innovative approach of Valor Property Agency, or the personalized service of Sengkurong Properties, the essential thing is to find a partner who understands your objectives and has the necessary expertise to achieve them.

Remember that real estate investment is a long-term commitment. Take time to research thoroughly, compare offers, and ask all your questions before committing. Thorough due diligence at the beginning of your project can save you many headaches later.

The Bruneian real estate market, although relatively small, offers unique opportunities thanks to the country’s economic stability and regulatory framework favorable to foreign investors. With the right local partner, you’ll be well positioned to benefit from these advantages and build a solid, profitable real estate portfolio in this Southeast Asian gem.