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马来西亚第二家园

MALAYSIA MY SECOND HOME

House Purchase

  • Property prices in Malaysia are quite low compared to many developed countries and because of an explosion in new developments the prices have not risen that much in recent years. 

  • The government's proposal during Budget 2020 to lower the price threshold for high-rise properties in urban areas from RM1 million to RM600,000.

  • However, each state has the freedom to set their own price threshold, so you would need to check with the registered property agent or a lawyer on the threshold in the state of your choice. (Different states different minimum entry)

Minimum purchase price of property

by state

Minimum requirement for the property value:

Zone 1 – Daerah Petaling, Gombak, Hulu Langat, Sepang, Klang
Zone 2 – Daerah Kuala Selangor, Kuala Langat
Zone 3 – Daerah Hulu Selangor, Sabak Bernam

Car Purchase

  • You will be given exemptions on import duty and excise duty tax:

      1. when you bring in your own personal car 

      2. when you purchase a locally-assembled car 

  • The personal car has to be imported into Malaysia within 6 months from the date of endorsement of MM2H Visa. 

  • Purchase of locally-assembled car has to be completed within 12 months from the endorsement of the MM2H Visa.

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