MALAYSIA PROPERTY TAX (Non Malaysian)

Upon Purchase

  • Foreigner Consent Fee

    • Approx RM2,000 (Kuala Lumpur)

    • Approx RM6,000 (Johor Bahru, Langkawi)

    • Approx RM10,000 (Penang)

  • State Levy

    • Kuala Lumpur: RM0

    • Johor Bahru: 3% or RM50,000

    • Penang: 3%

    • Langkawi: 5%

Upon Completion

(Transfer Stage)

  • Stamp Duty on Transfer (MOT)

    • Flat 8%

  • Legal Fees & Miscellaneous Charges

    • Approx 1.5% from Selling Price

  • Utility & Maintenance Deposits

    • Water

    • Electricity

Ongoing Ownership

  • Assessment Tax (Cukai Pintu)

    • Approx. RM 2,000 – RM 4,000 per year

  • Quit Rent / Parcel Tax (Cukai Tanah)

    • Nominal annual fee (approx. RM 100 – RM 500)

  • Fire Insurance

    • Approx. RM 500-RM1000 per year

  • Sewerage Charge

    • RM180 per year (for typical residential/condos)

    (Above Fees are deductible expenses in tax filing)

  • Rental Income Tax

    • 30% Flat Rate on net rental income

      • Effective Rate:

        • Approx. 25% after deductible expenses

Upon Disposal

(Selling)

  • Real Property Gains Tax (RPGT)

    • 1st to 5th Year: 30% of net profit

      • Effective Rate:

        • Appreciation <12% : 0%

        • Appreciation >12% : 1% - 30%

    • 6th Year onwards: 10% of net profit

      • Effective Rate:

        • Appreciation <12% : 0%

        • Appreciation >12% : 1% - 10%

    • (Calculated as: Selling Price - SPA Price - Allowable Expenses)

  • Legal Fee & Miscellaneous Charges

    • Approx 1.5% from Selling Price

Upon Passing On

  • Inheritance Tax

    • 0%

    • (No inheritance or estate tax in Malaysia)

  • Legal Fee & Miscellaneous Charges

    • Approx 1.5% from Selling Price

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