By The Malaysian Reserve , Wednesday, May 11th, 2022 / photo by MUHD AMIN NAHARUL BANK Negara Malaysia (BNM) increased the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2% from the record low of 1.75% the central bank held since July 7, 2020. The Monetary Policy Committee (MPC) statement today noted the decision to hike was driven by inflationary pressures arising from the...
From https://farms.my/notes-for-buying-land-in-malaysia-as-foreigner/ Foreign entities, whether an individual or a company, are permitted to buy or acquire title / interest in land only in some States in Malaysia. In the States that do permit a foreigner to purchase / acquire land the transaction will be subject to various requirements and restrictions prescribed by the National Land Code (Revised 2020)...
Landlord-tenant disputes can be uncomfortable and time-consuming. According to the proposed survey and drafting of the Residential Tenancy Act, key causes of such disputes include damage to the rental unit and/or its furnishings, as well as unpermitted modifications. Here are some approaches to minimise potential conflict between landlords and renters. 1. Prepare a full inventory A complete...
Inflation sees more Malaysians eyeing investment properties KUALA LUMPUR: According to PropertyGuru Malaysia’s Consumer Sentiment Study for the first half of the year, 53% of Malaysians expressed interest in purchasing property in the next year for investment purposes, viewing them as a hedge against inflation. “As we begin to recover from the pandemic, Malaysians are choosing the housing market as...
Source from Malay...
Real Property Gains Tax (RPGT) in Malaysia (2022) UPDATED 25 FEB 2022 – BY TEAM LOANSTREET : https://loanstreet.com.my/learning-centre/rpgt-in-malaysia Real Property Gains Tax (RPGT) is a form of Capital Gains Tax that homeowners and businesses have to pay when disposing of their property in Malaysia. This means that if one day you decide to sell your house, you have to pay taxes on the profit...
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Hi there! Since our little vacation is over, we are back in business 😉 So, let's make another run at...
