For secondary market, 90% will need to be paid around 3 months from the date you get the approval of state authority. As for primary market, payment is based on the statis of completion by %.

In general, foreigners can buy houses (landed and high rise) in Johor Bahru as long as the minimum purchase price is RM 1 mil

Usually the MM2H program that you signed up for, all the requirements will not change during the period. After the expiry of your MM2H period and if there are new requirements like higher fixed deposits etc, then you will probably need to comply in order to renew for further terms.

Property Title is clean and safe in Malaysia, guided by the Torrens law (indefensible title when title is under your name). As for lawyer fee, they follow a tier. You can easily find an online calculator for that. Hope this helps 👍🏽

Currently there are no concrete answer for that as the government has not laid out all the rules.

From my understanding, the money deposited as per visa requirement can only be withdrawn to purchase the property in Sarawak but you can always purchase properties in KL via different funds.

@@yewfoong Thanks, that was my intention. Funds in Sarawak will be solely used to maintain visa!

Nope can't add up. Each property must be a minimum of RM 1 M.

@@yewfoong got it, thanks.

Nope. Not true.

Depending on the area and type of property. On average in Mont Kiara, a good condo will fetch around 5% ROI.

@@yewfoong Thank you, I appreciate.

For foreigners without MM2H, condos and apartments is minimum of RM 1 mil. Landed houses, minimum is RM 3 mil. Hope it helps 👍🏽

Is this resale a peculiar problem for foreign owned property only?

Issue with resale value and finding buyers depends on the area, type of development and developer etc. No difference whether is foreign or local owned. These days there are many many developments to choose from and its so important to choose the right one.

How much capital gain tax for foreigners? Do foreigners(non mm2h) property buyer get residence visa for malaysia with the property purchase?

Real property gain tax (RPGT) in Malaysia for foreigner is: 1st 5 years = 30% on the capital gain >5 years = 10% on capital gain Property buyer so not automatically receive the MM2H visa when purchasing property. It has to be applied separately based on the conditions and criteria.

@@yewfoong Hi thanks for the video. I've a few questions: -> Should MM2H be applied first and then after 1 year buy property or other way is possible? -> With MM2H, are foreigners allowed to work in Malaysia? -> Can a dependent fulfill the requirement of 60 days stay in Malaysia instead of the main applicant? -> If a foreigner is investing for rental income, how much percent income tax needs to be paid to the Malaysian government? -> What is the annual property tax in KL on a property?

No

Nope

Sorry I do not provide that service as I'm a registered estate agent. You can look for registered MM2H agents in Malaysia to help you with that 🙏🏽😊

Why foreigners have to buy property with the minimum 1million price in KL?

It is set by the Malaysian government.

Buying properties in Malaysia does not automatically give you residency. They are 2 separate matters.

For first timer interested in MM2H, the best way to apply for MM2H is to go through a registered MM2H agent in Malaysia.

Depending on where the land is located as each state in Malaysia has different requirements. What type of land are you interested in? Commercial, residential, industrial or agricultural?

@@yewfoong Residential ,preferably near Beach area / mountain / Lighthouse

@@rgkafk5djsk291 Perhaps you can look into Penang

@@yewfoong Thanks YewFoong! Looking forward to the next video.Keep up the good work 🙏

Yes for sure. When it comes to Mont Kiara rental investment, MK 10, MK 11 and MK28 are consistent in at least 5% ROI

You are residing in Malaysia now?

Where do you stay?

Not in Msia, invested in 1990s, exited 2015

Yes you can. As long as the miminum price of property is RM 1 mil onwards in Kuala Lumpur.