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Forum: Malaysia
Aug 16th 2017, 5:37 am
Replies: 29
Views: 3,437
Posted By InVinoVeritas

Re: Penang - minimum property prices

Actually it turns out the levy is still at 3% EXCEPT for strata properties sold for between RM1M and RM1.5M, when it is reduced to 1.5%.
Forum: Malaysia
Aug 3rd 2017, 2:32 pm
Replies: 29
Views: 3,437
Posted By InVinoVeritas

Re: Penang - minimum property prices

There are two Penangs. The Google one and the real one :rofl:
Forum: Malaysia
Aug 3rd 2017, 8:47 am
Replies: 29
Views: 3,437
Posted By InVinoVeritas

Re: Penang - minimum property prices

I fully agree. In Penang, there is not the expat "us-and-them" culture which you find in other retirement destinations and this is simply because Penang has always been very multi-cultural.

Apart...
Forum: Malaysia
Aug 2nd 2017, 10:33 am
Replies: 29
Views: 3,437
Posted By InVinoVeritas

Re: Penang - minimum property prices

This is the $64,000 question and there is probably no consensus amongst MM2Hers except that, up until now, the market has been falling due to oversupply.

Will it carry on or will it bottom out? ...
Forum: Malaysia
Aug 2nd 2017, 4:16 am
Replies: 29
Views: 3,437
Posted By InVinoVeritas

Penang - minimum property prices

I thought I would just clear up some widespread confusion over minimum property prices in Penang since the changes on 1st July 2017.

For MM2H visa holders, the minimum price for strata properties...
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