PTG Selangor Circular 2/2020
The Land Office of Selangor previously set a minimum purchase
price threshold for foreigners to acquire a residential property.
The minimum threshold for Zone 1 (Petaling, Gombak, Hulu Langat,
Sepang, Klang) and Zone 2 (Kuala Selangor, Kuala Langat) is
RM2,000,000.00 whereas the minimum threshold for Zone 3 (Hulu
Selangor, Sabak Bernam) is RM1,000,000.00. Additionally, foreigners
are only allowed to purchase properties that are under Strata
Titles only.
In the PTG Selangor Circular 2/2020 dated 27.4.2020, the State
Government of Selangor has reduced the minimum purchase price
threshold for strata properties, including strata landed homes to
RM1,500,000.00 throughout all zones in the whole of the Selangor
State. This circular is effective from 1.1.2020 to 31.12.2020. This
new ruling has several requirements to fulfil before a foreigner
can acquire property in the State of Selangor, which are as
follows:
