Asked by
Hi, i am an india. Interested to buy a property in Malaysia. May i know the Eligibility, Minimum Requirements, and Foreigner Loan percentage, down payments, hidden charges, agent fee etc.,?
0
199 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

G S Cheah Properties
Dear Mr Vaishu TQ for your question posted in ASK GURU. The current guidelines for Foreigners to purchase/invest in properties in Malaysia is as follows: a) for Properties in Kuala Lumpur the minimum Purchase Price must be RM 1 Mil and above. b) for Properties in the state of Selangor, the minimum Purchase Price must be RM 2 Mil and above. Normally Banks will approve between 50% to 60% of Purchase Price. However for Foreigners with MM2H(Malaysia My 2nd Home) the margin of financing may be higher unto 70% - 80%, depending on the guidelines of each particular Bank. Banks also tend to be more flexible with Foreigners who are gainfully employed with MNCs(Multi National Companies) I hope the above info would be of some help to you. Please feel free to contact me should you need further assistance on Malaysian Property Guidelines or choice of properties to consider in Malaysia. With the general weakening of the Ringgit, this would be an added advantage for Foreigners to really invest in Malaysia. And you stand to enhance the capital appreciation of your purchase when Ringgit strengthens over time. Warmest Regards. G.S.+ 013 3010 959  gscheah5255@gmail.com Real Estate Negotiator 20008 CBD Properties Sdn Bhd Read More
0
Hi! I am a real estate negotiator from Reapfield Properties Penang, As foreigner buying property in Malaysia, it's depend on which state, different state have different rules & regulation, contact me @ 012-4016888  if you wish to buy property in Penang, i will send you the information.thanks & looking forward to hear from you. Read More
0
Good day Mr Vaishu, I'm Venise Tan from The Roof Realty. I'm here to offer my service to assisit you to sell, buy, let or rent your properties. Please call me @ 012230822  or email to venisetanyc@yahoo.com for further assistance. Appreciate your reply. Thank you Read More
0

Still looking for answers?

Get advice from our community of experts

Previously Asked Questions