Buying property in Malaysia

Whether it is for retirement or investment, buying property in Malaysia as a foreigner is relative easy and straightforward.

Foreign Buyer’s Guide

  • Min Price

    Minimum purchase price for foreigners buyers is RM 1 million (~210K Euro, ~240K USD) as per the Sales Purchase Agreement (SPA).

  • Consent

    Foreigners must obtain official approval before purchase. This is usually a formality done by the developer’s legal team and takes 1-2 months.

  • Stamp Duty

    At the time of ownership handover, the buyer is required to pay an 8% stamp duty (Memorandum of Transfer) to the Malaysian government.

  • Resale Tax

    Real Property Gain Tax (RPGT) after 5 year of ownership drops to 10%. This tax is solely on the value increase of the property, i.e. the difference in purchase and resale amount.

  • Location

    Malaysia has many diverse varied locations, from the metropolitan Kuala Lumpur to the island living of Penang. Take your time to consider your options.

  • Purpose

    Malaysia is developing rapidly and subsequently has many options for buying property. Options range from fully developed and furnished, ready for immediate occupation, to planning phase for delivery in the near future.