Land & Properties Companies in Malaysia

Land and properties companies in Malaysia are responsible for the development, management and sale of land and properties. These companies play a vital role in the economy by providing opportunities for investment and employment.

The Malaysian government has introduced a number of policies and initiatives to encourage the growth of the land and property sector. These include the introduction of the Real Property Gains Tax (RPGT), the liberalisation of the housing sector and the development of the Malaysian My Second Home Programme (MM2H).

The Real Property Gains Tax is a tax on the sale of property that is designed to discourage speculation and to ensure that gains from the sale of property are reinvested in the economy. The RPGT is payable on the gain made from the sale of property that is held for more than five years.

The liberalisation of the housing sector has led to an increase in the number of foreign buyers of property in Malaysia. The Malaysian government has also introduced a number of incentives for foreign buyers, including the waiver of the RPGT on the sale of property and the granting of permanent residency status to those who purchase property worth more than RM1 million.

The Malaysian My Second Home Programme is an initiative that allows foreigners to purchase property in Malaysia and to obtain a long