FAQ - Frequently Asked Questions about buying, selling, renting, letting property in
Penang Malaysia.
Ruling for foreigner purchaser : Requirement by Penang state consent. Foreigners is only allowed to buy properties priced above RM1million and landed properties is RM 2 million. Read more >> Malaysian Property News. MM2H participants can buy up to 2 units below RM500,000 with good reason & letter of support from the Tourism Ministry.
The Government of Malaysia has raise the service tax rate from 5% to 6%. All invoice billing made after 1st January 2011 will be subjected to the 6% tax rate.
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Penang Interior Designer and Contractor. Home renovation works such as masonry, tiling, carpentry and interior design.
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The
place is Malaysia. A bustling melting pot of Asia. For the
perfect holiday full of surprises, eclectic cultures and natural wonders, the place is Malaysia.
For those who are new and have yet to visit the Pearl of Orient called Penang Island...
An online travel guide has picked Penang as one of the top 10 islands in the world “you must see before you die.”
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MALAYSIA MY SECOND HOME (MM2H) Retire in Malaysia
Tourism Malaysia: Welcome to Malaysia
Penang Good Food Directory and Restaurant (Where to eat) All of Penang's good food!
Department of Immigration Malaysia
The Employees Provident Fund (EPF)
Inland Revenue Board (Income Tax Dept)Expatriates International Schools in Penang
Upland International School, Batu Ferringhi Penang Malaysia
Dalat International School, Tanjung Bungah Penang
St. Christopher's International Primary School of Penang, Georgetown
Other Useful info:
The built-up size of the property are in square feet. (1 meter = 3.28 feet Or 1 square foot = 0.093 square meter).
Since 1999 The Malaysian government has declared an additional rest day: The first Saturday of the month (or Thursday respectively for States that celebrate Fridays as a holiday). All government departments and most companies close on that day. ALL BANKS CLOSE on that first Saturday of the month.
Telephone Codes : Country code for Malaysia is 6 to be followed by City/State codes. To connect to an international call from Malaysia, dial 00 followed by the country code. To send an international fax, dial 00, followed by the country code.
To convert to Malaysian Ringgit : Currency Converter To Ringgit Malaysia (RM)
Malaysia Time Zone : GMT + 8
Malaysia Phone Code: 60
Penang Area Code: 4
Penang Dial Code: +604........
The Government of Malaysia has raise the service tax rate from 5%
to 6% with effect from the 1st January 2011. All invoice billing made after 1st
January 2011 will be subjected to the 6% tax rate.
Latest news for foreigner purchaser : The Government is considering raising the minimum floor prices of property foreigners are allowed to buy to RM1million from the current RM500,000. Should this be enforced in July 2012, it will mean that foreigners will only be allowed to buy properties priced above RM1million. Read more >> Latest Malaysian Property News. MM2H participants can buy up to 2 units below RM500,000 with good reason & letter of support from the Tourism Ministry. The approval will generally take approximately 1-2 months. See Important points to note for foreigner before buying a property in Malaysia
International Real Estate and other oversea properties Malaysia Property Penang Homepage Site map
For short-term rental see
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