Average Property Manager Salary in Brunei for 2024

In this article, we will look at the average Property Manager salary for 2024 in Brunei and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Brunei dollar. To keep things simple, we are using the BND currency code instead of the currency symbol $.

How Much Does a Property Manager Make in Brunei?

A Property Manager working in Brunei will typically earn around 48,640 BND per year, and this can range from the lowest average salary of about 23,260 BND to the highest average salary of 73,820 BND.

Average Annual Salary
48,640 BND
Average Monthly Salary
4,053 BND

Lowest Annual Salary
23,260 BND
Lowest Monthly Salary
1,938 BND

Highest Annual Salary
73,820 BND
Highest Monthly Salary
6,151 BND

These are average salaries for a Property Manager in Brunei and include benefits such as housing and transport. It's also possible for a Property Manager to earn more or less than the average salaries shown above.

Property Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Property Manager Salaries in Brunei

So we've looked at the average salaries a Property Manager will earn in Brunei. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Property Manager can earn between 23,260 BND and 73,820 BND on average in Brunei. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Property Manager in Brunei is 48,640 BND. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 48,640 BND, and 50% of the population earn more than 48,640 BND.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Property Manager salary in Brunei, 25% of the population are earning less than 32,900 BND while 75% of the population earn more than 32,900 BND.

75% of the population earn less than 61,780 BND, and 25% of the population earn more than 61,780 BND.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Property Manager Salary by Experience Level in Brunei

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average property manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Property Manager in Brunei that has less than two years of experience can expect to earn somewhere in the region of 27,480 BND.
  • 2 - 5 Years Experience. With two to five years of experience the average Property Manager salary would increase to 39,960 BND.
  • 5 - 10 Years Experience. From five to ten years of experience as a Property Manager, the average salary would be 51,340 BND.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 60,600 BND.
  • 15 - 20 Years Experience. A Property Manager with 15 to 20 years of experience can earn an average of 67,020 BND.
  • 20+ Years Experience. For a Property Manager with more than 20 years, the expected average salary increases to 72,120 BND.

Average Salary by Experience Chart

0-2 Years
27,480 BND
2-5 Years +32%
39,960 BND
5-10 Years +34%
51,340 BND
10-15 Years +19%
60,600 BND
15-20 Years +8%
67,020 BND
20+ Years +7%
72,120 BND

Property Manager Salary by Education Level in Brunei

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Property Manager in Brunei based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Property Manager in Brunei with a high school education can earn an average salary of 36,020 BND.

  • Certificate or Diploma. A Property Manager in Brunei with a certificate or diploma education can earn an average salary of 43,480 BND.

  • Bachelor's Degree. A Property Manager in Brunei with a bachelor's degree education can earn an average salary of 56,460 BND.

  • Master's Degree. A Property Manager in Brunei with a master's degree education can earn an average salary of 72,120 BND.

Average Salary by Education Chart

High School
36,020 BND
Certificate or Diploma +14%
43,480 BND
Bachelor's Degree +36%
56,460 BND
Master's Degree +26%
72,120 BND

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Brunei is around 16,100 to 48,200 BND and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Property Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Brunei, a male property manager will earn an average of 49,560 BND, while a female property manager will earn around 45,260 BND.

This means that a male property manager earns approximately 10% more than a female property manager for performing the same job.

Average Salary by Gender Chart in Brunei

Male
49,560 BND
Female -10%
45,260 BND

Property Manager Average Pay Raise in Brunei

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Property Manager in Brunei is around 8% every 29 months.

The national average pay raise across all professions and industries in Brunei is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Property Manager in Brunei can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Brunei for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Brunei.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Property Manager Bonus and Incentive Rates in Brunei

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Property Manager is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
38%
No Bonus
62%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Brunei earn approximately 6% more than private sector employees in the same role.

Public Sector
38,620 BND
Private Sector -6%
36,580 BND

Salaries for Jobs Similar to a Property Manager

In the table below, we have salary information for jobs that are similar to a Property Manager in Brunei.

Job Title Category Salary
Acquisition Associate Real Estate 29,160 BND
Assistant Leasing Manager Real Estate 44,180 BND
Assistant Property Manager Real Estate 45,200 BND
Brokerage Real Estate 32,900 BND
Brokerage Clerk Real Estate 17,560 BND
Commercial Leasing Manager Real Estate 64,300 BND
Commercial Real Estate Manager Real Estate 69,780 BND
Community Development Manager Real Estate 62,460 BND
Compliance Specialist Real Estate 32,020 BND
Development Coordinator Real Estate 29,600 BND
Director of Real Estate Real Estate 77,640 BND
Lease Administrator Real Estate 40,040 BND
Leasing Agent Real Estate 34,360 BND
Leasing Consultant Real Estate 41,700 BND
Leasing Manager Real Estate 45,060 BND
Lettings Assistant Real Estate 16,720 BND
Portfolio Analyst Real Estate 54,280 BND
Portfolio Manager Real Estate 77,100 BND
Property Acquisition Agent Real Estate 26,280 BND
Property and Claims Specialist Real Estate 38,620 BND
Property Operations Manager Real Estate 72,780 BND
Property Tax Assistant Real Estate 34,980 BND
Real Estate Administrator Real Estate 35,260 BND
Real Estate Agent Real Estate 34,980 BND
Real Estate Analyst Real Estate 45,200 BND
Real Estate Appraiser Real Estate 32,420 BND
Real Estate Appraiser Real Estate 34,120 BND
Real Estate Appraiser Real Estate 35,520 BND
Real Estate Assistant Real Estate 32,900 BND
Real Estate Association Manager Real Estate 46,160 BND
Real Estate Broker Real Estate 31,040 BND
Real Estate General Manager Real Estate 66,180 BND
Real Estate Project Director Real Estate 62,420 BND
Real Estate Project Manager Real Estate 56,460 BND
Real Estate Sales Agent Real Estate 31,040 BND
Real Estate Valuer Real Estate 35,300 BND
Research Analyst Real Estate 30,700 BND
Residential Advisor Real Estate 39,560 BND
Residential Property Manager Real Estate 45,620 BND
Shopping Center Manager Real Estate 69,260 BND
Town Planner Real Estate 67,320 BND

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