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Can anyone here guide me about the new FIC rule that foreign investors can only purchase properties worth RM500,000 and above from sub-sale market

now no need to get FIC approval if purchasing residential property. foreigner can purchase property from RM250k and above (RM350k above - Sarawak).

pls do a proper survey before purchasing.

and always AVOID UNLICENSED AGENTS..!

\"the threshold for purchase of properties by foreigners is increased in general to RM500,000.00. Above the threshold, foreigners will no longer need to refer to FIC for the purchase of properties. State government however, maintain the right to impose additional conditions.\"
-Source: theSun, Wednesday, July 1, 2009

your info is not up to date.

may i know which location / state you are interested to invest?

i.e. Johor, foreigner can buy directly from developer, starting at RM250k and above.

http://www.johordt.gov.my/ptkluang/v2/in...p?info&type=12#3
only in malay version....

selangor also fix at RM250k and above........

can refer here http://ptg.selangor.gov.my/dmdocuments/WARGAASINGTIGA09.pdf

We purchase properties from developer in Johor and we have foreign clients who wants to purchase from us. it will be sub-sale.