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hi..im a singaporean looking to relocate to malaysia. can i know how to get finance for property and what is the minimum price of property i can buy. i have a property that i will rent out for about sgd2k if i move over. Will that source of income be considered by bank for morgage application?
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<en>G S</en> <en>Cheah Properties</en>
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Dear Mr Anon/Ms Anny TQ for your question in PropertyGuru. Foreigners can purchase properties in Malaysia, beyond certain threshold. In Kuala Lumpur RM 1 Mil & above In the state of Selangor RM 2 Mil & above. Yes, generally, you may state rental income from property in Singapore, provided you have a Stamped Tenancy Agreement, and evidence of rental payments from Bank statements. Then due to Currency fluctuations only 70% of rental income would be taken to calculate your loan eligibility. I hope that the above clarifications would be of some help. TQ v much. Pl feel free to What`s App or e-mail directly, me for faster turnaround. TQ v much. G.S.+ 013 3010 959  gscheah5255@gmail.com Real Estate Negotiator 20008 CBD Properties Sdn Bhd **PROFESSIONAL*ETHICAL*HUMILITY*EXCELLANCE** Read More
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