State |
Minimum Threshold in Property Purchase |
Foreign Resident |
|
Perak (Ipoh) |
RM1,000,000-00 |
Selangor |
RM2,000,000-00 (for Zone 1 & 2) |
RM1,000,000-00 (for Zone 3) |
|
Kedah, Perlis |
RM1,000,000-00 |
Kelantan, Sabah |
RM1,000,000-00 |
Melaka |
RM500,000-00 (strata title) |
RM1,000,000-00 (landed property) |
|
Penang |
Landed Terrace or Bungalow |
Strata Title Apartment |
|
Sarawak |
RM350,000-00 |
Johor | RM2,000,000-00 (international zones) RM1,000,000-00 (non-international) |
*Zones in Selangor
Zone 1 - Districts of Petaling, Gombak, Hulu Langat, Sepang and Klang
Zone 2 - Districts of Kuala Selangor & Kuala Langat,
Zone 3 - Districts of Hulu Selangor and Sabak Bernam
Costs Involved in Purchasing Property in Malaysia |
1. Stamp duty (transfer of land deed): According to the total price of property and levied in proportion
Below RM100,000 |
1% |
RM100,001–RM500,000 |
2% |
RM500,001 - RM1,000,000 |
3% |
RM1,000,000 and above |
4% |
2. Stamp Duty for Loan Contract:
About 0.5% of the total loan amount.
3. Sales and Purchase Agreement’s legal fees and disbursements:
About 1.5 % of the purchase price
4. Legal fees of Loan Contract and disbursements:
About 0.8% of the total loan amount
Holding |
Companies |
Individual |
Individual |
Up to 3 years |
30% |
30% |
30% |
4th year |
20% |
20% |
30% |
5th year |
15% |
15% |
30% |
6th year and above |
10% |
5% |
10% |
Note:-
* RPGT is subject to revision by the Malaysia Annual Budget approved by the Parliament every year
** Individual (non-citizen) includes all expatriates working in Malaysia and MM2H visa holders.