- Acquisition of commercial unit valued at RM500,000 and above
- Acquisition of agricultural land valued at RM500,000 and above or at least five acres in area for the following purposes :
- To undertake agricultural activities on a commercial scale using modern or high technolog
- To undertake agro-tourism projects
- To undertake agricultural or agro-based industrial activities for the production of goods for export
- Acquisition of industrial land valued at RM500,000 and above
- Acquisition of residential units valued at RM250,000 and above. The said minimum threshold will be increased to RM500,000 beginning 1 January 2010
- The transfer of property to a foreigner based on family ties is only allowed amount immediate family
Foreign interest is NOT allowed to acquire : -
- Residential units valued less than RM250,000 per unit (RM500,000 per unit as of 1 January 2010).
- Properties other than residential units valued less than RM500,000 per unit
- Residential units under the category of low and low-medium cost as determined by the State Authority
- Properties built on Malay Reserve Land
- Properties allocated to Bumiputera interest in any property development project as determined by the State Authority
No comments:
Post a Comment