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Foreign ownership of property in malaysia rules and requirements

Posted by Foreign ownership on Jun 26, 2012 in Investing in Malaysia | 13861 Views

Latest Answers by Real Estate Professionals (2 Answers)

David Wong Lai Kwong
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Answer Posted on Jun 26, 2012
Currently, the Government policy is to allow foreigners to buy residential and commercial properties(both landed and strata units)above RM500,000 in value. Industrial properties, agriculture and development land have other requirements to comply. There are news that the Government may increase the threshold to RM1 million and above for foreigners eligibility to purchase if the Government concludes that foreigners are contributing to the substantial increase of property prices beyond the affordability of the average Malaysians. In short, it is easy for foreigners to own residential and commercial properties in Malaysia.
David Wong
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QUANTUM real estate
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www.quantumrealestate.com.my
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Tong Ng
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Answer Posted on Nov 11, 2012
hi foreigner .

i u still looking for property in johor bahru area ,,,,just give a call

tong ng 0127088184
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