RPGT- Real Property Gain Tax

Capital gains are normally not chargeable on tax, however measures have been taken in order to control the price of the property market in Malaysia. Real Property gain tax is charge on the gains arising from the disposal of properties.

Effective from 1 January 2013, the Malaysian government has proposed an increase of 5% to the current RPGT in order to curb speculation and flipping activities in the local real property market. 

The RPGT as of 1st January 2013 is as below:

The following RPGT exemptions which were implemented in the previous Budget remain the same:

1. RPGT exemption on gains from the disposal of property by individual once in a lifetime.
2. RPGT exemption of up to RM 10,000 or 10% of the net gains (whichever is higher) from the disposal of real property by individuals
3. RPGT exemption on disposal of real property between family members (husband and wife, parents and children, grandparents and grandchildren)

House For Sale in Malaysia - Desa Putra Condo

Desa Putra Condo 

Desa Putra Condo For Sale

Size:1200+sqft

Leasehold, non bumi lot

3 rooms, 2 bath

Extended and Renovated.
Very nice touched
very low density, very peaceful and quiet
facing greenery, cold and breeze in the morning
Facilities included gym, restaurant and cafe, library, tennis and badminton court,swimming pool
private walking path to the LRT,
its like living in a hotel and owning a private LRT station
view to appreciate

Price Asking RM 710,000

House for sale in Malaysia- Apartment Elaise 2 in Bukit Jelutong

Apartment Elaise 2 in Bukit Jelutong

Apartment Elaise 2 in Bukit Jelutong

937 sqft

Leasehold, Bumi Lot

3 rooms, 2 bath

One of the most sought after apartment in Bukit Jelutong
Good for own stay and future investments
Very quiet and peaceful
Near to Shah Alam, Puncak Perdana, Denai Alam, Kg Baru Subang.
Easy access to NKVE,Guthrie and Federal highways

Asking Price RM 300,000 (negotiable)

House for sale in Malaysia- 1 and a half storey Terrace in Bandar Tun Hussein Onn for sale

1 and a half storey Terrace in Bandar Tun Hussein Onn

Freehold, Non Bumi Lot

4 rooms, 3 bath

Built up 1600 sqft

In a mature neighbourhood

easy exit to the highway

near Econsave, Jusco and Columbia Hospital

Owner is selling lock, stock and barrel (with all the furnitures)

Asking price 425,000 (negotiable)

House for sale in Malaysia -Corner Lot Bunglow in Tropicana

Bunglow in Tropicana

Corner lot Bunglow for sale

Land area 9000 sqft, Built up approximately 5000sqft

Very Spacious Garden capable to built a swimming pool

Leasehold, non bumi lot

6 rooms 5 bath

very good security

traditional English design

very expensive flooring with Burmese woods

owner selling with club golf membership worth RM200,000

facing greenery,very peaceful and quiet

view to appreciate

price RM 4,900,000 (negotiable)

House for sale in Malaysia -Endlot Terrace in Denai Alam, Alstonia type for sale

Endlot Terrace in Denai Alam

                                   

Double Storey Endlot for sale

3000sqft

Freehold, Non Bumi Lot

5 rooms, 4 bath

water heaters in all bathrooms

with pond and gazebo

beautifully renovated and well mantained

nice kitchen cabinet and fittings

House for sale in Malaysia -Brand New Semi D, Ficus Peak in Denai Alam

Ficus Peak in Denai Alam

Brand New Semi D in Ficus Peak, Denai Alam by Sime Darby Property

Freehold, non bumi lot

Land Area approximately 5000sqft


Centralised alarm system
very spacious
security tip top
view to believe