Quote:
Originally Posted by FireShark
I thought recently there is a new regulation in Malaysia for buying properties in Malaysia. If you are going to sell it after a few years, certain % of you sale amount need to be tax and the tax is at high as 30%. Hear this info from a MY frd
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There's property gains tax if you sell it within the first 5 years. Minimum investment sum is also RM$1m , unless you buy Medini. I don't forsee myself selling that house within 5 years.