Question and Answer

Question Classification
Q
1.Can foreigners apply loan in Malaysian property?
A

Yes, the conditions are as follows:

I. Age requirement: 18-70 years old

II. Maximum loan duration: 60 years-current age ...


Q
2. What is the loan application process in Malaysia?
A

(1) Prepare relevant materials and documents

(2) Submit application forms and related materials

(3) Bank review will take about 1 month ...


Q
3. What are the required documents to apply loan in Malaysia?
A

(1) Chinese Loan Information Form

(2) Photocopy of passport

(3) Certificate of Employment (employment certificate ...


Q
4. What are the cost will incur after buying a property in Malaysia?How to calculate?
A

Cost calculation

(1) Lawyer fee (sale contract)

First RM 150,000 = 1.0% (minimum cost RM 300) ...


Q
5. How to calculate Real Property Gain Tax in Malaysia?
A

Year of Resale     Tax Rate

Between 5 years     Around 30%

After 5 years     Around 10% ...


Q
6. What is the lower minimum purchase price for high-rise units for foreigners?
A

The threshold price:

Johor Bahru: RM500,000

Malacca: RM 500,000 ...


Q
1.Can foreigners apply loan in Malaysian property?
A

Yes, the conditions are as follows:

I. Age requirement: 18-70 years old

II. Maximum loan duration: 60 years-current age ...


Q
2. What is the loan application process in Malaysia?
A

(1) Prepare relevant materials and documents

(2) Submit application forms and related materials

(3) Bank review will take about 1 month ...


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