Asked by Foreign ownership
Foreign ownership of property in malaysia rules and requirements
21539 views
1 Answer
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
Principal
QUANTUM real estate
mobile+60193330573
www.quantumrealestate.com.my Read More
David Wong
Principal
QUANTUM real estate
mobile+60193330573
www.quantumrealestate.com.my Read More
1