For investors interested in purchasing land, what are the challenges and things to be aware of?



  • For investors interested in purchasing land, what are the challenges and things to be aware of?


  • EXPERT

    To sum up, if foreign companies wish to buy Malaysian land with the intention of building new townships or industrial areas, they can do so provided they get the consent from the relevant state authority, the Princess Cove development in Johor Bahru by renowned Chinese developer R&F Group is a good example. Furthermore, in accordance with the National Land Code of Malaysia, foreigners are prohibited from buying agricultural land and Malay Reserved Land.

    The progress and time length required to obtain state consent from different Malaysian states are different, ranging from 6 months – two years in some cases. An inconsistency that one should consider when investing in land in Malaysia.

    Find more: https://youtu.be/ouUphBCbvWE


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