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Property
Stay informed with the latest property trends and insights.
Can Foreigners Buy Property in Malaysia?
Can Foreigners Buy Property in Malaysia? Yes, foreigners can generally buy property in Malaysia, but there are rules they must follow. The main points are the minimum purchase price, the type of property allowed, and approval from the relevant State Authority before the transfer can be completed. Malaysia does not have one single rule that applies everywhere. Each state may set its own minimum price and its own restrictions, so buyers should always check the state rules befor
Carol Chee
Apr 22
What Is Perfection of Transfer and Why Does It Matter?
In property transactions, buyers often hear the term “Perfection of Transfer” after signing the sale and purchase agreement and paying the purchase price. Although it may sound technical, it is an important legal process that affects ownership, future dealings with the property, and the buyer’s legal protection. Q1: What is “Perfection of Transfer”? Perfection of Transfer is the legal process of registering the purchaser as the owner of a property in the relevant land office
Chee & Partners
Apr 21
Understanding Real Property Gains Tax
Selling a property in Malaysia involves more than just finding a buyer and signing an agreement. One crucial legal and financial consideration is the Real Property Gains Tax (RPGT). Administered by the Inland Revenue Board of Malaysia, RPGT is a tax levied on the profit derived from the disposal of real property. As a property owner, understanding how this tax works can help you manage your financial expectations and avoid compliance issues. This guide breaks down the essenti
Carol Chee
Apr 18
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