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Real Property Gain Tax (RPGT) in Malaysia

According to the Real Property Gains Tax Act 1976, RPGT is a form of Capital Gains Tax in Malaysia levied by the Inland Revenue (LHDN). It is chargeable upon profit made from the sale of the property where the resale price is higher than the purchase price.

Below is a table on updated RPGT Rates since January 2019 

RPGT Rates(Disposal)Individuals (Citizens & PRs)Individuals (Non- Citizens & Foreigners)Companies
1st year30%30%30%
2nd year30%30%30%
3rd year30%30%30%
4th year20%30%20%
5th year15%30%15%
6th year onwards5%10%10%

The tax is taxable only on net profits after minusing all other misc fees like

  • Legal fees, accounting fees, surveyor’s fee, etc
  • Real estate agent’s commission
  • Administrative fees
  • Repair or renovation cost
  • Advertising cost for disposal
  • Property management fee
Marvin Foonghttps://listingmine.com/academy
Listingmine founder from Malaysia. Passionate with international real estate.

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