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Asked by Anonymous 19 Oct 2015

Dear guru, I'm not Malaysian, but I wish to invest in a 1000 sqft condo in KL. My age is 40 years old. Can help me?
How much downpayment needed?
How much loan can I take?
Any foreigner tax?

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4 Answers

Previously Asked Questions

Rebecca Lew · Answer 1 · 2015-10-21T06:34:21+08:00

Rebecca Lew

Replied 21 Oct 2015

Are you work here or travel over here? if you're working here you can get loan from the local bank for about 60-70%. Down payment normal is 2-3%, the balance of 10% need to pay upon signing the Sale and Purchase Agreement. the balance of 20-30% will need to settle after you get the state consent. no matter you're local or foreigner, if you sell your properties within 5 years, there will be a Real Properties Gain Tax. no other additional tax on you. Read More

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Christopher Gooi · Answer 2 · 2015-10-22T22:28:04+08:00

Christopher Gooi

Replied 22 Oct 2015

Hi, Maybe you can give me more detail so that i can assist you. please feel free to contact me if you need any assistant from our company Regards Christopher Gooi 0167739056 Read More

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Lee . · Answer 3 · 2015-10-27T13:56:26+08:00

Lee .

Replied 27 Oct 2015

Dear Sir, for foreigner who working in malaysia you may get loan up to 80% for property only above RM 1M in KL. Normal stamp duty you still need to pay as everyone does. The only different is the RPGT after you sell the unit, you may taxed by government 5% after 5yrs. Any detail please call Lee 0122750018 . It is my pleasure to serve you. Read More