Foreigner Buying Thresholds
ℹ️The RM 1 Million Unit
In Johor, foreigners can generally only buy properties valued above RM 1 Million. However, there are exceptions for Medini zone (no minimum threshold) and certain MM2H participants.
Process Overview
- →Pay Earnest Deposit (2-3%)
- →Apply for State Consent (Levy applies, usually 2% of price or RM20k)
- →Sign SPA (Sales & Purchase Agreement)
- →Pay Balance Downpayment (Total 10%)
- →Completion (3+1 months typically)
Hidden Costs
Design-Build
- ✓State Consent Levy
- ✓Legal Fees (Scale fees)
- ✓Stamp Duty (MOT)
- ✓Valuation Fees
Traditional (Design-Bid-Build)
- →Agent Fees (Buyer usually doesn't pay for private property, but confirm)
- →Conversion logic (SGD strength is your friend)