iProperty.com.my present HOME and PROPERTY FAIR at AEON Mall Cheras Selatan, 23 - 28 October, 2018
10am to 10pm
Showing posts with label real property gain tax. Show all posts
Showing posts with label real property gain tax. Show all posts
Sunday, October 21, 2018
Property Expo at AEON Mall Cheras Selatan Balakong
iProperty.com.my present HOME and PROPERTY FAIR at AEON Mall Cheras Selatan, 23 - 28 October, 2018
10am to 10pm
Thursday, September 20, 2018
Star Property Road Show 28 Sept - 30 Sept 2018
Star Property Road Show 28 Sept - 30 Sept 2018.
Location : Atria Shopping Gallery , Petaling Jaya.
Location : Atria Shopping Gallery , Petaling Jaya.
Tuesday, September 19, 2017
Home and Property Investment Fair , Johor Bahru, Johor.
Home and Property Investment Fair , Johor Bahru, Johor.
From 26 September 2017 to 1st October 2017.
10am to 10pm
From 26 September 2017 to 1st October 2017.
10am to 10pm
Tuesday, August 29, 2017
Tiara Damansara Condo Section 17 Petaling Jaya
Tiara Damansara freehold low rise condominium in Section 17, Petaling Jaya.
Total 351 units with swimming pool, Gym, Squash, Tennis, jogging track, CCTV, and 24 hours security Gated and Guarded.
1323 square feet, step down one floor from ground. One car park.
Renovated with larger kitchen space,
Kitchen cabinet and built-in wardrobe.
3 Bedrooms, 2 bathroom, 1 toilet, 1 store room.
Tiara Damansara is located on Jalan 17/1. Amenities are mostly located two to three kilometres away from the low rise condominium. There are schools, hospitals, colleges and universities, malls, cafes, and restaurants. Being off the Sprint Highway means that it’s easy to access both PJ town and also KL. These include the Penchala Link, New Klang Valley Expressway, the SPRINT Highway, Lebuhraya Damansara Puchong, and the Federal Highway. Residents can take these roads to take them to the city central, as well as other locations in Kuala Lumpur. Commuting is also easy, thanks to the nearby LRT station which is Asia Jaya station, and the latest start operation MRT Phileo Damansara station.
There are also schools, institutes, colleges and universities located at the vicinity areas for the convenience of families who living in Tiara Damansara. They are SJK Sri Damai, SJK Taman Sea, SJK Puay Chai, SJK Sri Petaling, SJK Shah Alam, SMK Sultan Abdul Samad, University Islam Antarabangsa, Faculty of Sciennce, University of Malaya (UM), University Tun Abdul Rahman (UTAR), Help University College and so on.
Total 351 units with swimming pool, Gym, Squash, Tennis, jogging track, CCTV, and 24 hours security Gated and Guarded.
1323 square feet, step down one floor from ground. One car park.
Renovated with larger kitchen space,
Kitchen cabinet and built-in wardrobe.
3 Bedrooms, 2 bathroom, 1 toilet, 1 store room.
Tiara Damansara is located on Jalan 17/1. Amenities are mostly located two to three kilometres away from the low rise condominium. There are schools, hospitals, colleges and universities, malls, cafes, and restaurants. Being off the Sprint Highway means that it’s easy to access both PJ town and also KL. These include the Penchala Link, New Klang Valley Expressway, the SPRINT Highway, Lebuhraya Damansara Puchong, and the Federal Highway. Residents can take these roads to take them to the city central, as well as other locations in Kuala Lumpur. Commuting is also easy, thanks to the nearby LRT station which is Asia Jaya station, and the latest start operation MRT Phileo Damansara station.
There are also schools, institutes, colleges and universities located at the vicinity areas for the convenience of families who living in Tiara Damansara. They are SJK Sri Damai, SJK Taman Sea, SJK Puay Chai, SJK Sri Petaling, SJK Shah Alam, SMK Sultan Abdul Samad, University Islam Antarabangsa, Faculty of Sciennce, University of Malaya (UM), University Tun Abdul Rahman (UTAR), Help University College and so on.
Regalia Studio Apartment @ Jalan Sultan Ismail, Kuala Lumpur.
Regalia Studio Apartment @ Jalan Sultan Ismail, Kuala Lumpur.
Freehold.
631 square feet,
Bathroom attached.
Furnished with Bed, TV, Sofa, Kitchen cabinet, Writing table, open cloth rack. Chest Height cabinet
35th floor Sky Deck swimming pool
34th floor Restaurant and Bar
5th Floor Swimming pool and Sun Deck.
4th Floor Lobby, Gym, Mini Market, Coin-operated Washing machine.
Contact 012-7887701 (REN02721) for viewing appointment.
Freehold.
631 square feet,
Bathroom attached.
Furnished with Bed, TV, Sofa, Kitchen cabinet, Writing table, open cloth rack. Chest Height cabinet
35th floor Sky Deck swimming pool
34th floor Restaurant and Bar
5th Floor Swimming pool and Sun Deck.
4th Floor Lobby, Gym, Mini Market, Coin-operated Washing machine.
Contact 012-7887701 (REN02721) for viewing appointment.
Monday, April 4, 2016
Real Property Gain Tax Effective from Jan 2014 Until Now
Malaysian Citizen or PR Individual is 0% if they sell the property on the year 6th.
Tuesday, November 25, 2014
Thursday, October 2, 2014
MAPEX Malaysia Property Expo 2014 October
Malaysia property expo 2014
10 - 12 October
Mid Valley Exhibition Hall, Kuala Lumpur
10 - 12 October
Mid Valley Exhibition Hall, Kuala Lumpur
Sunday, September 21, 2014
New Selangor Guidelines on Property Purchase by Foreigners
Source from The Star newspaper. PETALING JAYA: Developers and property agents were thrown into a flux last week over a new set of guidelines on property purchases in Selangor by foreigners, permanent residents (PR) and foreign companies.
Generally, the new guidelines restrict foreigners from buying all types of properties costing less than RM2mil in most of the districts inthestate. Previously,the cap was set at RM1mil,as announced during last October’s budget. Some property developers are still in the dark over the matter while others are coming to grips with the significance of the move’s effectin an already slowing market.
The measures, outlined in a circular dated Aug 28, were effective from Sept 1 this year. The circular was signed by Department of Lands and Mines Selangor director Datuk Kamarulzaman Jamil.
According to the new guideines, residential, commercial and industrial properties are divided into three zones. The minimum price for purchases by foreigners is based on the zones. Foreigners, PR holders and foreign companies are only permitted to buy residential properties that are priced at a minimum RM2mil for Zone 1 and 2, and a minimum threshold of RM1mil for those located in zone 3, according to the circular. Zone one encompasses the districts of Petaling, Gombak, Hulu Langat, Sepang and Klang.
Zone two are Kuala Selangor and Kuala Langat while the districts under zone three are Hulu Selangor and Sabak Bernam. Besides increasing the minimum threshold, the land office permits foreigners, PR holders and foreign companies to buy strata and landed strata properties only.
Generally, the new guidelines restrict foreigners from buying all types of properties costing less than RM2mil in most of the districts inthestate. Previously,the cap was set at RM1mil,as announced during last October’s budget. Some property developers are still in the dark over the matter while others are coming to grips with the significance of the move’s effectin an already slowing market.
The measures, outlined in a circular dated Aug 28, were effective from Sept 1 this year. The circular was signed by Department of Lands and Mines Selangor director Datuk Kamarulzaman Jamil.
According to the new guideines, residential, commercial and industrial properties are divided into three zones. The minimum price for purchases by foreigners is based on the zones. Foreigners, PR holders and foreign companies are only permitted to buy residential properties that are priced at a minimum RM2mil for Zone 1 and 2, and a minimum threshold of RM1mil for those located in zone 3, according to the circular. Zone one encompasses the districts of Petaling, Gombak, Hulu Langat, Sepang and Klang.
Zone two are Kuala Selangor and Kuala Langat while the districts under zone three are Hulu Selangor and Sabak Bernam. Besides increasing the minimum threshold, the land office permits foreigners, PR holders and foreign companies to buy strata and landed strata properties only.
Tuesday, November 5, 2013
How RPGT ( Real Property Gain Tax ) are Calculated ?
How RPGT is calculated?
The bad news is that if you are disposing off a property at a significant gain, you are likely to be taxed for it. But here is the good news. You will only be taxed on your net capital gains as opposed to the gross capital gain. Gross capital gains are simply calculated by taking the selling price less the purchase price.
To arrive at your net capital gains, you are allowed to subtract from the gross capital gain certain expenses (don’t forget to keep the bills!) such as:
Legal fees Real estate fees (sales commission) incurred to sell the property (typically between 2% – 3% of the selling price)
Administrative fees Expenditure incurred to maintain/upgrade the property. This can include upgrade works done the property such as renovations and interior design works
The maximum allowable deduction here is the larger of RM10,000 or 10% of the capital gain.
To read more on this topic, please goto
http://savemoney.my/real-property-gains-tax-in-malaysia/
After the Budget 2014 announcement, RPGT has been increased substantially to 30% for properties disposed within 3 years years or less (previously, it was 15% for 2 years and below and 10% for 3 years and below), 20% for properties disposed within 4 years of purchase and 15% for 5 years (previously it was 10% for both 4 and 5 years).0% RPGT for properties older than 5 years kept as it is.
The new rates will be in effect from 1st January 2014 onwards.
Foreigners can only buy properties with a minimum value or RM 1million.
RPGT at 30% for first 5 years and 5% thereafter.
To read more on this topic, please goto
http://savemoney.my/real-property-gains-tax-in-malaysia/
The bad news is that if you are disposing off a property at a significant gain, you are likely to be taxed for it. But here is the good news. You will only be taxed on your net capital gains as opposed to the gross capital gain. Gross capital gains are simply calculated by taking the selling price less the purchase price.
To arrive at your net capital gains, you are allowed to subtract from the gross capital gain certain expenses (don’t forget to keep the bills!) such as:
Legal fees Real estate fees (sales commission) incurred to sell the property (typically between 2% – 3% of the selling price)
Administrative fees Expenditure incurred to maintain/upgrade the property. This can include upgrade works done the property such as renovations and interior design works
The maximum allowable deduction here is the larger of RM10,000 or 10% of the capital gain.
To read more on this topic, please goto
http://savemoney.my/real-property-gains-tax-in-malaysia/
After the Budget 2014 announcement, RPGT has been increased substantially to 30% for properties disposed within 3 years years or less (previously, it was 15% for 2 years and below and 10% for 3 years and below), 20% for properties disposed within 4 years of purchase and 15% for 5 years (previously it was 10% for both 4 and 5 years).0% RPGT for properties older than 5 years kept as it is.
The new rates will be in effect from 1st January 2014 onwards.
Foreigners can only buy properties with a minimum value or RM 1million.
RPGT at 30% for first 5 years and 5% thereafter.
To read more on this topic, please goto
http://savemoney.my/real-property-gains-tax-in-malaysia/
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