Real Property Gain Tax (RPGT)

The limited supply of real property especially in urban areas has provided opportunities for speculative activities.

Therefore, the Government proposes the real property gains tax (RPGT) from the disposal of properties made within a period not exceeding 2 years from the date of purchase will be taxed at the rate of between 15% and 10% of disposal of property within a period of 2 to 5 years.

For property disposed after 5 years from the date of acquisition, RPGT is not applicable.

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Many have raised a question on how to calculate or determine the purchase price for a property in RPGT.

The right and correct purchase price for your property is not only to inform the actual costs that you’ve paid for your property, but it is also important to reduce your possible RPGT when you have decided to dispose of your property for an awesome profit.   Read more ›

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Certain gains on the disposal or transfer of properties are tax exempted, subject to the provisions of Real Properties Gains Tax Act, 1976.

Real Property Gains Tax (RPGT) exemptions are available in the following circumstances:

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Under Budget 2012, it was proposed that a real property gain tax (RPGT) will be revised to the following:

Disposed within 2 years, RPGT = 10%
Disposed after 2 & up to 5 years , RPGT = 5%
Disposed after 5 years, RPGT = 0% Read more ›

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With effect from 1 January 2010, RPGT of 5% flat will be applicable on gains on disposal of real properties in Malaysia or disposal of shares in real property companies within 5 years from the date of purchase.

The scale rates from 5% to 30% depending on year of possession is no longer applicable.  Read more ›

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