Malaysia & Singapore Real Estate

[vdfoo]

i'm getting an unit residential for investment purpose, this is the first time i'm doing it, what are the taxes that might get involved?

[Fernando Alonso F1 Champ]

income tax.......but u can deduct all your maintainence fees, interest and agent fees...........
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"Dont change lifestyle! Change Government!!"

I mean Change the Barisan Najis govt !!!!! Dont get it wrong !

[tengster]

TS didnt mention flipping or rental income....
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Type 1: din b, turn out to be a good b
Type 2: b but project koyak - lose $
Type 3: b ngam aledi but sold too early, din max profit
Type 4:everything ngam but sold too late, din max profit
Type 5: everything ngam but din b enough/get to b

[suntrack]

Assuming you make money from your sales:
definition of 'profit': Profit after expenses like stamp duty paid, legal fees etc.

If you sell within 5 years of purchase, RPGT 5% on your profit.

If you sell after 5 years of purchase, RPGT 0%.

All other stamp duty will be borne by your new purchaser. You just bear your own legal fees if you engaged a lawyer to represent you in the new S&P.

We are developer for Summerglades at Perdana Lakeview West, Cyberjaya.
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Suntrack Development Sdn Bhd
Tel: 03 8138 3188 / 89
www.suntrack.com.my
www.summerglades.com.my
www.facebook.com/suntrackdevelopment