Cheaper properties now available to foreigners in Penang

Posted on Leave a commentPosted in Investments, MM2H, Penang, Property

Following my recent article on property purchase by foreigners (https://samchoong.com/2020/06/03/purchasing- property-malaysian-secondary-market-foreign-purchaser-needs-know/), it was reported on June 11th, 2020 that the Penang state government is lowering the price threshold of properties foreigners are entitled to purchase. Here is the summary of the price threshold of properties available for purchase by foreigners in Penang (island): The current […]

Purchasing a property in the Malaysian secondary market – What a foreign purchaser needs to know

Posted on Leave a commentPosted in MM2H, Penang, Property, Stamp Duty

Facebook and various large companies have recently given employees the option of working from home permanently. Whatsapp, Wechat, Zoom or Team calls feel like second nature as we get accustomed to the new way of life. Air travel, hotels, restaurants, theme parks to name just a few have become victims of this shift. Yet as […]

what properties can foreigners buy in Malaysia

What properties can foreigners buy in Malaysia in a nutshell – as at 29 August 2019 Making Malaysia My Second Home

Posted on Leave a commentPosted in Investments, MM2H, Property

On the topic of what properties can foreigners buy in Malaysia, a few days ago, a developer asked if I would be willing to do a seminar for them in Hong Kong to explore the possibility of Hong Kong nationals relocating or retiring to Malaysia via Malaysia’s long-stay visa, more commonly known as Malaysia my […]

Stamp Duty may increase for Property Transfers WEF 1st January, 2018 – Stamp (Amendment) Bill 2017

Posted on 1 CommentPosted in Property, Stamp Duty, Tax

On a trip to Kuala Lumpur last week, I was discussing the acquisition of an oil palm plantation with clients when the issue of disbursements such as estate land board application & registration fees,  stamp duty on the instrument of transfer cropped up. Although my team & I are aware, as announced in the 2017 […]