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RPGT & MM2h Property Purchase Standard

RPGT (REAL PROPERTY GAIN TAX)

CITIZEN / PERMANENT RESIDENT

Category of disposal

Disposal within 3th year after the date of
acquisition of the chargeable asset – Rate of tax 30 per cent

Disposal in the 4th year after the date of
acquisition of the chargeable asset – Rate of tax 20 per cent

Disposal in the 5th year after the date of
acquisition of the chargeable asset – Rate of tax 15 per cent

Disposal in the 6th year after the date of
acquisition of the chargeable asset or thereafter – Nil

 

COMPANY 

In the case where the disposer is a company, the following rates of tax shall
apply:

RPGT  – Category of disposal

Disposal within 3th year after the date of
acquisition of the chargeable asset – Rate of tax 30 per cent

Disposal in the 4th year after the date of
acquisition of the chargeable asset – Rate of tax 20 per cent

Disposal in the 5th year after the date of
acquisition of the chargeable asset – Rate of tax 15 per cent

Disposal in the 6th year after the date of
acquisition of the chargeable asset or thereafter – Rate of tax 5 per cent

 

NON-CITIZEN (INDIVIDUAL)

In the case of an individual who is not a citizen and not a permanent resident,
the following rates of tax shall apply:

RPGT  – Category of disposal

Disposal within five years after the date of
acquisition of the chargeable asset – Rate of tax 30 per cent

Disposal in the sixth year after the date of
acquisition of the chargeable asset or thereafter – Rate of tax 5 per cent

 

REAL PROPERTY GAIN TAX
Disposal in CITIZEN / PERMANET RESIDENT COMPANY NON-CITIZEN

(INDIVIDUAL)

1st year 30% 30% 30%
2nd year 30% 30% 30%
3rd year 30% 30% 30%
4th year 20% 20% 30%
5th year 15% 15% 30%
6th year and thereafter 0% 5% 5%

 

MM2H (MALAYSIA MY SECOND HOME)

STANDARD REQUIREMENT FOR MM2H PURCHASER IN DIFFERENT STATES OF MALAYSIA

SELANGOR

ZON 1 & 2

MYR 2,000,000.00

ZON 3
MYR 1,000,000.00

TERENGGANU, JOHOR, PAHANG, W.P KUALA LUMPUR, NEGERI SEMBILAN, W.P PUTRAJAYA, AND KEDAH

MYR 1,000,000

PERLIS, SABAH, KELANTAN

MYR 500,000

MELAKA

Strata Property
MYR500,000

Landed Property
MYR1,000,000

PENANG

MYR 500,000 (minimum 2 units)

PERAK

MYR350,000

SARAWAK

MYR 300,000

 

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