2013 Malaysia Real Property Gains Tax in Malaysia (RPGT)

Oct 30, 2012 No Comments by

Under budget 2013, with effect from 1 January 2013, chargeable gains from the disposal of real properties are as follow:

  • sold within 2 years = RPGT 15%
  • sold above 2 years and below 5 years = RPGT 10%
  • held more than 5 years will be exempted from the Real Property Gains Tax (RPGT)
Example:
Bought Unit 1 year ago with RM500,000.00 and sell within 2 years with selling Price RM600,000.00

  • Since it fall within 2 years period so the RPGT will be 15%
  • Gross Earning: RM600K – RM500K = RM100K
  • RPGT = 15% x RM100K = RM15K
What do you think this will affect to the housing market? You’re welcome to post your comment below.. 

>>> Apply Home Loan Online Now

The mortgage and financial consulting services are offered to you FREE of charge without any obligations. Kindly contact us or email to consultant@malaysialoan.com.my if you need any enquiry. Thank You.

Financial Tips, Property

About the author

The author didnt add any Information to his profile yet
No Responses to “2013 Malaysia Real Property Gains Tax in Malaysia (RPGT)”

Leave a Reply