changes to purchasing rules Real Estate, Malaysia This is to talk about real estate. IMPORTANT! If you put a real estate listing here it will be deleted. Please Browse Malaysia Real Estate Listings (and add your listing for free with photo). Please talk about Real Estate here.
Please can anyone tell me the way the new rule regarding minimum purchase will be applied.
If I purchase a property for more than RM 250 K but less than RM 500 K, before (still in 2009) 1st january 2010 (when the rule changes to minimum RM 500 K), and have made the S & P and paid my deposit in this financial year but the sale does not settle until after 1st of January will there be any problems with this according to the new rule.
There will be a lot of expats and potential foreign purchasers who want to know this.
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