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Malaysia Real Property Gains Tax (RPGT) 2019 / 2020

What Is Real Property Gains Tax (RPGT)?  In Malaysia, Real Property Gains Tax (RPGT) is one of the most important property-related taxes and is  chargeable on the profit gained from selling a property . Whether you’re a property investor or an owner just simply looking to sell your current home to purchase your dream home, it’s important to be aware of all costs associated with a real estate transaction. It’s not always easy though! Our Government likes to keep things relevant and current. RPGT rates in Malaysia were  most recently adjusted in Budget 2019 , with new changes announced as part of Budget 2020. Earlier this year, the government once again revised RPGT rates, giving  tax exemptions to low-cost and budget homes below RM200,000 , while increasing the tax rate to 5% for properties held by Malaysian citizens for more than five years. Budget 2019 also increased the rate for foreigners and companies selling a property after more than 5 ye...
For SALE - Menara Belfield condo unit Location   -  Jalan Talaila, Kampung Atap K.L. Call LIM @ O16 - 2O1 5998 for private showing arrangement. 1) Freehold 2) Size : 1076 sqft 3) 3 bedrooms 2 baths 4) 1 car park space The Menara Belfield condominium is an exclusive condominium tucked away amongst lush verdure along quiet Jalan Tallala in the Kampung Atap area in downtown Kuala Lumpur. There are 84 units in the 15-storey tower block measuring approximately 1000 sq ft in size. Facilities at Menara Belfield include ample parking bays, sauna, tennis court, a gymnasium, swimming pool and security surveillance. Menara Belfield is surrounded by some other exclusive developments that ooze old world charm with trendy conveniences. Within the neighbouhood area are the famous Choo Cheng Kay Apartments, Wisma Mirama, Merdeka View Apartment and the Fire and Rescue Services HQ.  There is a bunch of amenities in the area which include reputable schools, gov...

For RENT - 2 sty House at Bandar Tun Hussein Onn

For RENT - 2 sty house Location    - Bandar Tun Hussein Onn, Jalan Suakasih call LIM @ O16 - 2O1 5998 for viewing arrangement - size 22x70 sq ft - 4 bedrooms 3 bathrooms - newly painted - equipped with lighting, fans and grills - 24 hours security LOCATION: ==== 5 mins to AEON Cheras Selatan 5 mins to Columbia Asia Hospital 5 mins to Econsave, CIMB, Maybank, HSBC, restaurants 10 mins to Sekolah Menengah BTHO, SMKCP, SKBTHO, SKBTHO II 10 mins to MRT Bandar Tun Hussein Onn  30 mins to KL city call LIM @ O16 - 2O1 5998 for viewing arrangement

For RENT - Bangunan Choo Cheng Khay Apartment, Jalan Maharajalela K.L

For RENT - Bangunan Choo Cheng Khay Location  - Jalan Choo Cheng Khay, Jalan Maharajalela, K.L Call LIM @ O16 - 2O1 5998 for private showing arrangement 1) Size around 1700 sqft 2) 3 + 1 rooms and 3 baths 3) Partly furnished - air cond, water heater, kitchen cabinets, beds and cupboard 4) Mid floor 5) tight security - guard house and finger scanner to access to lift lobby 6) Spacious living hall 7) Panoramic and unblock KL city view - KLCC, KL tower and 1O1 tower(future) 8) Walking distance to Hang Tuah LRT and mono rail station 9) Walking distance to Petaling Street and Stadium Merdeka 10) Low density 148 units only Strategic location :- Restaurant and cafes, Bank, conveniens store, walking distance to Lot 10, Pavillion, Time Square, Starhill Call LIM @ O16 - 2O1 5998 for private showing arrangement

USE OF SINKING FUND and MAINTENANCE CHARGES

A) USE OF MAINTENANCE CHARGES Under Act 757 of the Strata Management Act 2013, the maintenance account shall be solely used for the purpose of meeting the actual or expected general or regular expenditure necessary in respect of the following: • Maintaining the common property in good condition on a day-to-day basis • Paying for the expenses incurred in providing cleaning services for common property, security services and amenities for the occupiers of the building • Paying any premiums for the insurance eff ected under this Act or any other insurance approved by a special resolution in a general meeting • Complying with any notice or order given or made by the local authority in respect of periodical inspection of any building in the development area in the manner as specifi ed in the Street, Drainage and Building Act 1974 • Minor painting works on the premises of the common property • Carrying out inspection of all electrical wiring systems of the common property and re...

For RENT - PENTHOUSE at Prima Midah Heights, Taman Midah Cheras

For RENT - Penthouse, Top floor, Prima Midah Heights Location    - Taman Midah, Cheras, Kuala Lumpur Call LIM @ O16 - 2O1 5998 for private showing arrangement - Size around 2800 sqft - 5 bedrooms 3 bathrooms - Fully furnished except TV - 2 carparks - Penthouse, top floor - spacious Terrace / Balcony - Windy  Amenities a)  Banks, TESCO, eateries (food for chinese/Malay/Indian/vege/western/Japanese etc), workshops, POS, Pasar pagi and Pasar malam, schools, Hospital UKM b) Shopping Mall - Leisure Mall, Eko Cheras, Sunway Velocity, IKEA, Cheras Sentral c) Recreational Park - Taman Tasik Permaisuri and Pudu Ulu Park Transportation - MRT station, Taxi/Grab and buses Accessibility: Cheras-Kajang Highway East-West Highway (Lebuhraya Hubungan Timur-Barat) KESAS highway Middle Ring Road 2 (MRR2) Call LIM @ O16 - 2O1 5998 for private showing arrangement Call LIM @ O16 - 2O1 5998 for private showing arrangeme...