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Purchasing Consideration
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Foreigners can purchase a property with RM250,000 or more (RM350,000 and |
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above for Sarawak). You can even purchase without a visa. |
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*Foreign Investment Committee (FIC) should agree with the state government |
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before purchasing. |
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Upon purchasing a newly constructed building, there are no additional fees |
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are needed to be paid to the developes. However, there will be a fee or 0 to |
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2% based on the purchased price to the real estate agency and 2% stamp |
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duty. Legal fee of the property is also applied around RM2000. |
- Quality Varies Among Developers
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There are difference in the property quality depends on the developer. It is |
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highly recommended that you choose a reputable developer. |
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There are many problems in housing. You should take time to decide and |
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observe then make the right choice. It is also essential to take advantage of |
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the local lawyers and real estate professionals. |
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