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Forum: Malaysia
Nov 28th 2015, 1:05 am
Replies: 49
Views: 43,895
Posted By JC3

Re: Thresholds for buying property as a foreigner

Thanks for the clarification Columbine. I wasn't aware of this new(ish) levy.

For others reading this, in brief the details are as follows:

To cool property speculation in Penang, from 1...
Forum: Malaysia
Nov 27th 2015, 8:21 am
Replies: 49
Views: 43,895
Posted By JC3

Re: Thresholds for buying property as a foreigner

Hi Columbine,
Regarding the 3% - do you mean Stamp Duty?

JC3
Forum: Malaysia
Nov 3rd 2015, 10:12 am
Replies: 49
Views: 43,895
Posted By JC3

Re: Thresholds for buying property as a foreigner

That sounds correct to me. There's more information on this topic here:

Selangor imposes restrictions on foreigners buying properties in some districts - Business News | The Star Online...
Forum: Malaysia
Feb 4th 2014, 9:51 am
Replies: 49
Views: 43,895
Posted By JC3

Re: Thresholds for buying property as a foreigner

Hi,

As far as I can see, there's been no change yet.


JC3
Forum: Malaysia
Nov 1st 2013, 6:38 am
Replies: 49
Views: 43,895
Posted By JC3

Re: Thresholds for buying property as a foreigner

[QUOTE=bakedbean;10962400]How it is in Penang

The minimum limit of condo purchase for foreigners was raised to RM 1 million, and landed properties to RM 2 million in June 2012. However......
...
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