Freehold
Located at Tanjung Tokong
Land Area: 1.920sf (24 x 80ft)
5 + 1 bedrooms
With courtyard garden at the back
24 hours security
Price: RM1.3mil
We provide property or real estate services in Penang. All types of Penang property or real estate are available here for sale or rent. Feel free to contact us if you are looking for property or real estate in Penang, a Unesco World Heritage Site.
Friday, April 30, 2010
Grand Ocean Condo For Sale, Tanjung Bungah (P0050)
Low density & maintenance fees
Marvellous seaview, all rooms facing the sea
Original condition
Built-up: 1,248sf
3 rooms & 1 storeroom outside
Spacious living hall
2 balcony
Price: RM475,000
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
Marvellous seaview, all rooms facing the sea
Original condition
Built-up: 1,248sf
3 rooms & 1 storeroom outside
Spacious living hall
2 balcony
Price: RM475,000
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
Thursday, April 29, 2010
The Uban Residence For Sale, Batu Uban (P0049)
Freehold
Built-up: 2,101sf
Low density & good neighbourhood
Surrounded with semi detached
Big yet affordable.
Brand new with OC
High floor
Price: RM720,000
It is at the right price, act now before regret later.
Facilities
Security guard, landscape garden, recreational turf, children playground, swimming pool, wading pool, gymnasium, sauna, community hall, multi-storey car park, card access system, CCTV
Built-up: 2,101sf
Low density & good neighbourhood
Surrounded with semi detached
Big yet affordable.
Brand new with OC
High floor
Price: RM720,000
It is at the right price, act now before regret later.
Facilities
Security guard, landscape garden, recreational turf, children playground, swimming pool, wading pool, gymnasium, sauna, community hall, multi-storey car park, card access system, CCTV
3 Storey Courtyard Terrace Corner For Sale, Simfonia (P0048)
Located at Tanjung Tokong, near Island Plaza & Seri Tanjung Pinang
Upcoming high class township
Land Area: 3,709sf (48 x 77 ft)
Built-up: 4,323sf (28 x 50 ft)
Modern & contemporary design
Price: RM1.6mil
Upcoming high class township
Land Area: 3,709sf (48 x 77 ft)
Built-up: 4,323sf (28 x 50 ft)
Modern & contemporary design
Price: RM1.6mil
3 Storey Courtyard Terrace Corner For Sale, Simfonia (P0047)
Located at Tanjung Tokong, near Island Plaza & Seri Tanjung Pinang
Upcoming high class township
Land Area: 2,627sf (34 x 77 ft)
Built-up 3,532sf (24 x 50 ft)
Modern & contemporary design
Price: RM1.3mil
Upcoming high class township
Land Area: 2,627sf (34 x 77 ft)
Built-up 3,532sf (24 x 50 ft)
Modern & contemporary design
Price: RM1.3mil
Wednesday, April 28, 2010
1 Storey Semi Detached, Tanjung Bungah (P0046)
Freehold
Renovated & move in condition
Rare opportunity!!
What are you waiting for?
Price: RM680,000 (SOLD)
Renovated & move in condition
Rare opportunity!!
What are you waiting for?
Price: RM680,000 (SOLD)
MM2H - Incentives
Car Purchase and Import
Car Purchase
Each participant is allowed to bring in his/her own personal car OR to purchase a locally assembled car without the need to pay import duty, excise duty and sales tax
Car Import
Application to IMPORT a motorcar from the participant’s country of citizenship/last domicile must be forwarded to the Ministry of Finance within a period of six months from the endorsement date of Malaysia My Second Home (MM2H) social visit pass. The condition for such importation is that the MM2H participant should be the owner of the motorcar prior to obtaining the MM2H visa, as evidenced in the motorcar registration document.
Locally-Assembled Car
An Application to purchase a new motorcar made or assembled in Malaysia must be must be forwarded to the Ministry of Finance within a period of one year from the endorsement date of Malaysia My Second Home (MM2H) social visit pass.
Note
1. Completed application forms with relevant documents, which are submitted to Ministry of Finance, will be processed within 10 working days.
2. Do not make an outright purchase of the motorcar before obtaining approval for tax/duty exemption from the Ministry of Finance. However, a booking for a motorcar may be made prior to obtaining approval from the Treasury.
3. Importation or purchase of motorcar must be for personal use only and not for commercial use.
4. 'Personal Car' is referred to a car, which was purchased by participant before joining the MM2H programme.
5. Participants are only allowed to sell their imported/locally purchased car after 2 years' stay on the programme.
Documents
1. Bringing in Personal Car With Duty / Tax Exemption
2. Bringing in Second Car
3. Selling Car that has been given Tax Exemptions
4. Conversion of Foreign Driving License to Malaysian Driving License
5. Application Form for Tax Exemption (Personal Car)
Domestic Helper
Each applicant is allowed to apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia.
Documents
1. Bringing Foreign Maid
Education
Applicants are allowed to bring their children who under 21 years old and not married as their dependants under this programme.
Children who intend to continue their schooling in Malaysia are required to apply for a Student Pass and should be insured throughout their stay under this programme.
Documents
1. Registering Children in Private Colleges and Universities
Tax
Participants are bound by the policies, systems and regulations of taxes of this country and they do not have exemption qualifications as granted to Diplomatic Missions in Malaysia.
However, tax exemption is given to pension remitted into Malaysia. Participants are required to obtain the endorsement from the Authorities in their country of origin as to the total amount of yearly pension received. A copy of this letter has to be submitted in their application.
Documents
1. Informing Inland Revenue Board (IRB) on Income Earned in Malaysia
Business and Investment
Registering Your Business
You are required to register your business with the Companies Commission of Malaysia (CCM) under the Companies Act 1965. You are only eligible to register limited company in Malaysia.
Company Structure
The Companies Act 1965 governs all companies in Malaysia. The Act stipulates that a person must register a company with the SSM in order to engage in any business activity.
It provides for three types of companies:
• A company limited by shares where the personal liability of its members is limited to the par value of their shares and the number of shares taken or agreed to be taken by them
• A company limited by guarantee where the members guarantee to meet liability up to an amount nominated in the Memorandum and Articles of Association in the event of the company being wound up
• An unlimited company, where there is no limit to the members' liability.
Company Limited by Share
The most common company structure in Malaysia is a company limited by shares. Such limited companies may be either private (Sendirian Berhad or Sdn. Bhd.) or public (Berhad or Bhd.) companies.
A company having a share capital may be incorporated as a private company if its Memorandum and Articles of Association:
• Restricts the right to transfer its shares
• Limits the number of its members to 50, excluding employees in the employment of the company or its subsidiary and some former employees of the company or its subsidiary.
• Prohibits any invitation to the public to subscribe for its shares and debentures
• Prohibits any invitation to the public to deposit money with the company.
A public company can be formed or, alternatively, a private company can be converted into a public company subject to Section 26 of the Companies Act 1965. Such a company can offer shares to the public provided:
i. It has registered a prospectus with the Securities Commission
ii. It has lodged a copy of the prospectus with the SSM on or before the date of its issue.
A public company can apply to have its shares quoted on the Kuala Lumpur Stock Exchange (KLSE) subject to compliance with the requirements laid down by the exchange. Any subsequent issue of securities (e.g. issue by way of rights or bonus, or issue arising from an acquisition, etc.) requires the approval of the Securities Commission.
Capital Requirement
Minimum capital investment in terms of a company’s shareholders funds, which include paid up capital and reserves is at least RM 250,000 , subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors.
Registration of Local Company:-
Anyone who wishes to register a local company is to submit the required registration documents and fees payable to the Commission.
A company shall have:
• At least two directors (the director and promoter can be the same person); and
• A company secretary who is a member of a professional body prescribed by the Minister or is licensed by the Commission.
Both the director and company secretary must have their principal or only place of residence within Malaysia.
Registration Procedure:-
Before proposing a name for incorporation of a company, a name search has to be done to determine whether the name can be used to register the company. The steps are:
• Complete Form 13A
• Pay a RM30 fee for each name applied. The name reserved for three months from the date of approval.
• Within the three months, submit the documents below:
a) Memorandum and Articles of Association:
i) Original copy stamped at any stamp office with a RM 100.00 stamp in the Memorandum and another RM100 stamp in the Articles.
ii) The first directors and secretaries are named in the Memorandum and Articles of Association.
iii) At least two or more promoters shall sign the Memorandum and Articles of Association in front of a witness.
A Company having a share capital may be registered as a private
company if the Memorandum and Articles:
i) restricts the right to transfer its shares;
ii) limits the number of its members to not more than fifty;
iii) prohibits any invitation to the public to subscribe any shares or debentures of the company; and
iv) prohibits any invitation to the public to deposit money with the company or fixed periods.
b) Form 48A - Statutory Declaration by a director or promoter before appointment. The director or promoter declares under oath that he/she is not a bankrupt and he/she has not been convicted of an offence and sentenced by the Court. This declaration should be signed in front of anyone of the following persons of authority
• Commissioner of Oaths;
• President of the Sessions Court;
• Magistrate; or
• Those empowered under the Statutory Declaration Act 1960.
c) Form 6 - Declaration of Compliance. This declaration states that all the requirements of the Companies Act 1965 have been complied with. The company secretary who handles the registration and is named in the Memorandum and Articles of Association must sign it.
d) Original copy of Form 13A.
e) A copy of the letter approving the name.
f) A copy of the identity card of each director and company secretary.
g) Registration fees for Share Capital:
Authorised Share Capital (RM) Fees (RM)
Up to 100,000 1,000
100,001 – 500,000 3,000
500,001 – 1 million 5,000
1,000,001 – 5 million 8,000
5,000,001 – 10 million 10,000
10,000,001 – 25 million 20,000
25,000,001 – 50 million 40,000
50,000,001 – 100 million 50,000
100,000,001 and above 70,000
The following certificate will be issued when all documents for registration are in order:
Form 8 - Certificate of Incorporation for a public company.
Form 9 - Certificate of Incorporation for a private company
Notes
A company is required to have two directors and a secretary.
Directors
Every limited company must have at least two directors who must be ordinary residents of Malaysia. A director of a company may also act as the company's secretary except in some situations.
Secretary
Every limited company must have at least a secretary. The board of directors may appoint one of its directors as the company secretary. He or she must be a member of a professional body prescribed by the Minister or licensed by the CCM. Application for a company license should be made to the CCM using Form 48B/ 48C. Every license granted or renewed is valid for three years.
Participants may hold executive positions with ownership to the company.
Car Purchase
Each participant is allowed to bring in his/her own personal car OR to purchase a locally assembled car without the need to pay import duty, excise duty and sales tax
Car Import
Application to IMPORT a motorcar from the participant’s country of citizenship/last domicile must be forwarded to the Ministry of Finance within a period of six months from the endorsement date of Malaysia My Second Home (MM2H) social visit pass. The condition for such importation is that the MM2H participant should be the owner of the motorcar prior to obtaining the MM2H visa, as evidenced in the motorcar registration document.
Locally-Assembled Car
An Application to purchase a new motorcar made or assembled in Malaysia must be must be forwarded to the Ministry of Finance within a period of one year from the endorsement date of Malaysia My Second Home (MM2H) social visit pass.
Note
1. Completed application forms with relevant documents, which are submitted to Ministry of Finance, will be processed within 10 working days.
2. Do not make an outright purchase of the motorcar before obtaining approval for tax/duty exemption from the Ministry of Finance. However, a booking for a motorcar may be made prior to obtaining approval from the Treasury.
3. Importation or purchase of motorcar must be for personal use only and not for commercial use.
4. 'Personal Car' is referred to a car, which was purchased by participant before joining the MM2H programme.
5. Participants are only allowed to sell their imported/locally purchased car after 2 years' stay on the programme.
Documents
1. Bringing in Personal Car With Duty / Tax Exemption
2. Bringing in Second Car
3. Selling Car that has been given Tax Exemptions
4. Conversion of Foreign Driving License to Malaysian Driving License
5. Application Form for Tax Exemption (Personal Car)
Domestic Helper
Each applicant is allowed to apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia.
Documents
1. Bringing Foreign Maid
Education
Applicants are allowed to bring their children who under 21 years old and not married as their dependants under this programme.
Children who intend to continue their schooling in Malaysia are required to apply for a Student Pass and should be insured throughout their stay under this programme.
Documents
1. Registering Children in Private Colleges and Universities
Tax
Participants are bound by the policies, systems and regulations of taxes of this country and they do not have exemption qualifications as granted to Diplomatic Missions in Malaysia.
However, tax exemption is given to pension remitted into Malaysia. Participants are required to obtain the endorsement from the Authorities in their country of origin as to the total amount of yearly pension received. A copy of this letter has to be submitted in their application.
Documents
1. Informing Inland Revenue Board (IRB) on Income Earned in Malaysia
Business and Investment
Registering Your Business
You are required to register your business with the Companies Commission of Malaysia (CCM) under the Companies Act 1965. You are only eligible to register limited company in Malaysia.
Company Structure
The Companies Act 1965 governs all companies in Malaysia. The Act stipulates that a person must register a company with the SSM in order to engage in any business activity.
It provides for three types of companies:
• A company limited by shares where the personal liability of its members is limited to the par value of their shares and the number of shares taken or agreed to be taken by them
• A company limited by guarantee where the members guarantee to meet liability up to an amount nominated in the Memorandum and Articles of Association in the event of the company being wound up
• An unlimited company, where there is no limit to the members' liability.
Company Limited by Share
The most common company structure in Malaysia is a company limited by shares. Such limited companies may be either private (Sendirian Berhad or Sdn. Bhd.) or public (Berhad or Bhd.) companies.
A company having a share capital may be incorporated as a private company if its Memorandum and Articles of Association:
• Restricts the right to transfer its shares
• Limits the number of its members to 50, excluding employees in the employment of the company or its subsidiary and some former employees of the company or its subsidiary.
• Prohibits any invitation to the public to subscribe for its shares and debentures
• Prohibits any invitation to the public to deposit money with the company.
A public company can be formed or, alternatively, a private company can be converted into a public company subject to Section 26 of the Companies Act 1965. Such a company can offer shares to the public provided:
i. It has registered a prospectus with the Securities Commission
ii. It has lodged a copy of the prospectus with the SSM on or before the date of its issue.
A public company can apply to have its shares quoted on the Kuala Lumpur Stock Exchange (KLSE) subject to compliance with the requirements laid down by the exchange. Any subsequent issue of securities (e.g. issue by way of rights or bonus, or issue arising from an acquisition, etc.) requires the approval of the Securities Commission.
Capital Requirement
Minimum capital investment in terms of a company’s shareholders funds, which include paid up capital and reserves is at least RM 250,000 , subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors.
Registration of Local Company:-
Anyone who wishes to register a local company is to submit the required registration documents and fees payable to the Commission.
A company shall have:
• At least two directors (the director and promoter can be the same person); and
• A company secretary who is a member of a professional body prescribed by the Minister or is licensed by the Commission.
Both the director and company secretary must have their principal or only place of residence within Malaysia.
Registration Procedure:-
Before proposing a name for incorporation of a company, a name search has to be done to determine whether the name can be used to register the company. The steps are:
• Complete Form 13A
• Pay a RM30 fee for each name applied. The name reserved for three months from the date of approval.
• Within the three months, submit the documents below:
a) Memorandum and Articles of Association:
i) Original copy stamped at any stamp office with a RM 100.00 stamp in the Memorandum and another RM100 stamp in the Articles.
ii) The first directors and secretaries are named in the Memorandum and Articles of Association.
iii) At least two or more promoters shall sign the Memorandum and Articles of Association in front of a witness.
A Company having a share capital may be registered as a private
company if the Memorandum and Articles:
i) restricts the right to transfer its shares;
ii) limits the number of its members to not more than fifty;
iii) prohibits any invitation to the public to subscribe any shares or debentures of the company; and
iv) prohibits any invitation to the public to deposit money with the company or fixed periods.
b) Form 48A - Statutory Declaration by a director or promoter before appointment. The director or promoter declares under oath that he/she is not a bankrupt and he/she has not been convicted of an offence and sentenced by the Court. This declaration should be signed in front of anyone of the following persons of authority
• Commissioner of Oaths;
• President of the Sessions Court;
• Magistrate; or
• Those empowered under the Statutory Declaration Act 1960.
c) Form 6 - Declaration of Compliance. This declaration states that all the requirements of the Companies Act 1965 have been complied with. The company secretary who handles the registration and is named in the Memorandum and Articles of Association must sign it.
d) Original copy of Form 13A.
e) A copy of the letter approving the name.
f) A copy of the identity card of each director and company secretary.
g) Registration fees for Share Capital:
Authorised Share Capital (RM) Fees (RM)
Up to 100,000 1,000
100,001 – 500,000 3,000
500,001 – 1 million 5,000
1,000,001 – 5 million 8,000
5,000,001 – 10 million 10,000
10,000,001 – 25 million 20,000
25,000,001 – 50 million 40,000
50,000,001 – 100 million 50,000
100,000,001 and above 70,000
The following certificate will be issued when all documents for registration are in order:
Form 8 - Certificate of Incorporation for a public company.
Form 9 - Certificate of Incorporation for a private company
Notes
A company is required to have two directors and a secretary.
Directors
Every limited company must have at least two directors who must be ordinary residents of Malaysia. A director of a company may also act as the company's secretary except in some situations.
Secretary
Every limited company must have at least a secretary. The board of directors may appoint one of its directors as the company secretary. He or she must be a member of a professional body prescribed by the Minister or licensed by the CCM. Application for a company license should be made to the CCM using Form 48B/ 48C. Every license granted or renewed is valid for three years.
Participants may hold executive positions with ownership to the company.
The Uban Residence For Sale, Batu Uban (P0045)
Freehold
Built-up: 1,845sf
Low density & good neighbourhood
Surrounded with semi detached
Big yet affordable.
Brand new with OC
High floor
It is at the right price, act now before regret later.
Facilities
Security guard, landscape garden, recreational turf, children playground, swimming pool, wading pool, gymnasium, sauna, community hall, multi-storey car park, card access system, CCTV
Built-up: 1,845sf
Low density & good neighbourhood
Surrounded with semi detached
Big yet affordable.
Brand new with OC
High floor
It is at the right price, act now before regret later.
Facilities
Security guard, landscape garden, recreational turf, children playground, swimming pool, wading pool, gymnasium, sauna, community hall, multi-storey car park, card access system, CCTV
Springtide Residences Condo For Sale,Tanjung Bungah (P0043)
Freehold
Built-up: 4,100sf
Beachfront condo with panoramic sea, town & hillview
Original unit
Subject to offer
Priced to sell
With a range of amenities that include a 30-metre infinity lap pool, lounge/ bubble pool, jacuzzi and children’s pool, gym, yoga/ pilates studio, a 100-metre private beach promenade, function room, courtyard garden, reflective ponds, sculptures, amongst others.
Built-up: 4,100sf
Beachfront condo with panoramic sea, town & hillview
Original unit
Subject to offer
Priced to sell
With a range of amenities that include a 30-metre infinity lap pool, lounge/ bubble pool, jacuzzi and children’s pool, gym, yoga/ pilates studio, a 100-metre private beach promenade, function room, courtyard garden, reflective ponds, sculptures, amongst others.
Wanted 1 Storey Semi Detached, Tanjung Bungah (P0042)
Anyone interested to sell, kindly contact us soon.
Thanks
Thanks
Development Land For Sale, Sungai Bakap, SPS (P0041)
Freehold
Land Area: 42 acre
Was approved for mix developement
Only a few kilometer away from Penang 2nd link
Price: RM10psf
Land Area: 42 acre
Was approved for mix developement
Only a few kilometer away from Penang 2nd link
Price: RM10psf
Wanted The Uban Condo (P0040)
Serious buyer looking to buy a unit 2 or 5, high floor.
Owners interested to sell, contact us now! Quality services guaranteed.
Thanks
Owners interested to sell, contact us now! Quality services guaranteed.
Thanks
Industrial Land, Sungai Pinang, Georgetown (P0039)
Freehold
Land Area: Appx. 9,300sf
Zone: Industrial
Flat & along main road
Rare opportunity, act now before you regret later.
Price: RM1.8mil
Rental: RM5,200 per month
Land Area: Appx. 9,300sf
Zone: Industrial
Flat & along main road
Rare opportunity, act now before you regret later.
Price: RM1.8mil
Rental: RM5,200 per month
Tuesday, April 27, 2010
Grand Ocean Condo For Rent, Tanjung Bungah (P0038)
Great Value
Appx. 2100sf
4 rooms 3 bathrooms 1 big storeroom
Big & spacial yet affordable
Big balcony where you can enjoy panoramic sea & hillview
Brand new
Priced to rent
Appx. 2100sf
4 rooms 3 bathrooms 1 big storeroom
Big & spacial yet affordable
Big balcony where you can enjoy panoramic sea & hillview
Brand new
Priced to rent
Villa Emas Condo, Near Queensbay Mall (P0037)
Built-up: Appx. 800sf
Pool & seaview, high floor.
Renovated with kithecn cabinet, built-in wardrobe,built-in beds, 4 air conds & etc
Priced to sell
Facilities
Covered car park, rock waterfall, management office, community hall, reading room, car wash bay, convenience store, swimming pool, wading pool, gymnasium, sauna, tennis court, badminton court, children's playground, jogging trek, BBQ-pit, laundrette, intercom system, lounge
Pool & seaview, high floor.
Renovated with kithecn cabinet, built-in wardrobe,built-in beds, 4 air conds & etc
Priced to sell
Facilities
Covered car park, rock waterfall, management office, community hall, reading room, car wash bay, convenience store, swimming pool, wading pool, gymnasium, sauna, tennis court, badminton court, children's playground, jogging trek, BBQ-pit, laundrette, intercom system, lounge
Vacant Land For Rent, Georgetown (P0036)
Located along Perak Road
Land area: 5,200sf
Flat & easy access
Rental: 2800 per month
Sale may consider
Land area: 5,200sf
Flat & easy access
Rental: 2800 per month
Sale may consider
Sunday, April 25, 2010
Malaysia My Second Home (MM2H) - Terms & Conditions
Financial Requirements
Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.
Upon Application
i. Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month.
ii. Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month.
For those who have retired, they are required to show proof of receiving pension from government approved funds of RM 10,000 per month.
iii. New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.
Upon Approval: Aged Below 50 years Old
Successful applicants are required to comply with the following financial criteria upon receipt of the `conditional approval letter' from Immigration Department of Malaysia:
i. Open a fixed deposit account of RM300,000.00.
ii. After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
iii. Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme.
Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.
Upon Approval: Aged 50 Years And Above
Can either choose to:
a) Open a fixed deposit account of RM150,000.00 ; OR
b) Show proof of government approved pension funds of RM10,000.
i. After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
ii. Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme.
Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 100,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.
Medical Report
All applicants and their dependants are required to submit a medical report from any private hospital or registered clinic in Malaysia.
Medical Insurance
Approved participants and their dependants must possess valid medical insurance coverage that is applicable in Malaysia from any insurance company.
However, exemptions may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition.
Security Bond For Direct Applicant Only
Applicants applying directly are required to fulfill the security bond condition. Please refer to Personal Bond for rate per person by nationality, ranging from RM200-RM2000.00.
Personal Bond For Application Through Agent
Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Program.
Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.
Upon Application
i. Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month.
ii. Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month.
For those who have retired, they are required to show proof of receiving pension from government approved funds of RM 10,000 per month.
iii. New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.
Upon Approval: Aged Below 50 years Old
Successful applicants are required to comply with the following financial criteria upon receipt of the `conditional approval letter' from Immigration Department of Malaysia:
i. Open a fixed deposit account of RM300,000.00.
ii. After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
iii. Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme.
Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.
Upon Approval: Aged 50 Years And Above
Can either choose to:
a) Open a fixed deposit account of RM150,000.00 ; OR
b) Show proof of government approved pension funds of RM10,000.
i. After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
ii. Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme.
Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 100,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.
Medical Report
All applicants and their dependants are required to submit a medical report from any private hospital or registered clinic in Malaysia.
Medical Insurance
Approved participants and their dependants must possess valid medical insurance coverage that is applicable in Malaysia from any insurance company.
However, exemptions may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition.
Security Bond For Direct Applicant Only
Applicants applying directly are required to fulfill the security bond condition. Please refer to Personal Bond for rate per person by nationality, ranging from RM200-RM2000.00.
Personal Bond For Application Through Agent
Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Program.
Development Land For Sale, Teluk Kumbar (P0035)
Freehold
Along Main Road
Land area: Appx. 27 acres & 7 acres respectively
Price: RM35psf
Pls do not hesitate to contact for more info.
Along Main Road
Land area: Appx. 27 acres & 7 acres respectively
Price: RM35psf
Pls do not hesitate to contact for more info.
3 Storey Terrace For Sale, Bukit Jambul (P0034)
Limited units available, HURRY!
Freehold
Brand new with OC
5 + 1 rooms
Conveniently located near all amenities
View to appreciate
Price: RM748,000
Rent may consider
Freehold
Brand new with OC
5 + 1 rooms
Conveniently located near all amenities
View to appreciate
Price: RM748,000
Rent may consider
1 Storey Semi Detached For Sale, Tanjung Bungah (P0033)
Freehold
Tastefully renovated, move in condition.
Value buy......HURRY!
Price: RM680K
Tastefully renovated, move in condition.
Value buy......HURRY!
Price: RM680K
Friday, April 23, 2010
Wanted Putra Place Condo or Villa Emas Condo, Near Queensbay Mall (P0032)
Investor looking to buy for rental
If the price is right, she can confirm immediately.
Should you wish to sell yours, kindly contact us asap.
Thanks
If the price is right, she can confirm immediately.
Should you wish to sell yours, kindly contact us asap.
Thanks
Springtide Residences Condo For Sale or Rent, Tanjung Bungah (P0031)
Freehold
Built-up: 4,100sf
Beachfront supercondo
Exclusive & quality
Fully furnished
Panoramic seaview & hillview
Price: RM2.9mil
Rental: RM12,000 per month
With a range of amenities that include a 30-metre infinity lap pool, lounge/ bubble pool, jacuzzi and children’s pool, gym, yoga/ pilates studio, a 100-metre private beach promenade, function room, courtyard garden, reflective ponds, sculptures, amongst others.
Built-up: 4,100sf
Beachfront supercondo
Exclusive & quality
Fully furnished
Panoramic seaview & hillview
Price: RM2.9mil
Rental: RM12,000 per month
With a range of amenities that include a 30-metre infinity lap pool, lounge/ bubble pool, jacuzzi and children’s pool, gym, yoga/ pilates studio, a 100-metre private beach promenade, function room, courtyard garden, reflective ponds, sculptures, amongst others.
Gold Coast Condo For Sale, Seri Nibung, Near Queensbay Mall (P0030)
Built-up: 1,184sf
3 bedrooms + 1 storeroom downstair
Tastefully renovated & furnished
Pool & sea view
Price: RM475,000
Facilities
Landscape garden, community hall, reading room, laundrette, lounge, games room, convenience store, swimming pool, gymnasium, sauna, tennis court, squash, jacuzzi, table tennis room, children's playground, BBQ-pit
2 Storey Bukit Dumbar Villa Townhouse For Rent, Bukit Dumbar (P0029)
Built-up: 1,700sf
With kicthen cabinet & grilles
2 car parks
Brand new
Good view
Rental: RM1,300 per month
With 24 hours security
With kicthen cabinet & grilles
2 car parks
Brand new
Good view
Rental: RM1,300 per month
With 24 hours security
11 Gurney Condo For Rent, Gurney (P0028)
Built-up: Appx. 3,500sf
Tastefully renovated & furnished
High floor & Good view
Rental: RM10,000 per month
Facilities
24-hours security, swimming pool, gymnasium, covered car park, management office, landscape garden, intercom.
Tastefully renovated & furnished
High floor & Good view
Rental: RM10,000 per month
Facilities
24-hours security, swimming pool, gymnasium, covered car park, management office, landscape garden, intercom.
11 Gurney Condo For Sale, Gurney (P0027)
Freehold
Built-up: Appx. 3,500sf
Tastefully renovated & furnished
Good view
Price: RM2.3mil
Facilities
24-hours security, swimming pool, gymnasium, covered car park, management office, landscape garden, intercom.
Built-up: Appx. 3,500sf
Tastefully renovated & furnished
Good view
Price: RM2.3mil
Facilities
24-hours security, swimming pool, gymnasium, covered car park, management office, landscape garden, intercom.
Wanted Palm Palladium, Minden Height (P0026)
A motivated buyer looking for:-
Built-up: 1,154sf
Prefer original unit with 2 car parks
Kindly contact us asap if you are a motivated buyer or know someone who might be interested to sell.
Thank you.
Built-up: 1,154sf
Prefer original unit with 2 car parks
Kindly contact us asap if you are a motivated buyer or know someone who might be interested to sell.
Thank you.
Wanted Vacant Land , Penang (P0025)
Wanted to buy a piece of land about 1 acre somewhere in Southern Part of Penang Island for storage of construction materials.
Motivated seller kindly contact us asap to further discuss. Thank you.
Motivated seller kindly contact us asap to further discuss. Thank you.
Wanted Development Land, Penang (P0024)
Wanted to buy small & big development lands in Penang Island & Mainland.
If you are a motivated seller, pls contact us now to further discuss. Thanks
If you are a motivated seller, pls contact us now to further discuss. Thanks
Thursday, April 22, 2010
Villa Kejora Condo For Sale, Relau (P0023)
Freehold
Built-up: 700sf
High Floor & good view
Price: RM105,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
Built-up: 700sf
High Floor & good view
Price: RM105,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
Villa Kejora Condo For Sale, Relau (P0022)
Freehold
Built-up: 700sf
Corner unit
High Floor & good view
Price: RM120,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
Built-up: 700sf
Corner unit
High Floor & good view
Price: RM120,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
Villa Kejora Condo For Sale, Relau (P0021)
Freehold
Built-up: 700sf
Partly furnished & air conds
Partly renovated
Corner unit
High Floor & good view
Price: RM130,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
Built-up: 700sf
Partly furnished & air conds
Partly renovated
Corner unit
High Floor & good view
Price: RM130,000
Facilities
24-hours security, convenience store, swimming pool, multi storey car park
The Cove Condo For Rent, Tanjung Bungah (P0020)
Brand new
Built-up: 6,000sf
Fully furnished
Beachfront Supercondo
High floor, paronamic seaview & hillview
2 covered car parks
Rental: RM8,800 per month
Facilities
24-hours security, 2 covered car park, swmming pool, wading pool, putting green, gymnasium, sauna, community hall, landscape garden, tennis court, BBQ-pit, cafe/restaurant, smart security system.
Built-up: 6,000sf
Fully furnished
Beachfront Supercondo
High floor, paronamic seaview & hillview
2 covered car parks
Rental: RM8,800 per month
Facilities
24-hours security, 2 covered car park, swmming pool, wading pool, putting green, gymnasium, sauna, community hall, landscape garden, tennis court, BBQ-pit, cafe/restaurant, smart security system.
Silverton Condo For Sale or Rent, Gurney Drive (P0019)
Freehold
Built-up: 4,200sf
High floor, panoramic seaview
Renovated & fully furnished
Good condition
Price: RM1,850,000
Rental: RM7,000 per month
Facilities
24-hours security, multi storey car park, rock waterfall, landscape garden, management office, reading room, common bathroom, games room, swimming pool, wading pool, water slide, gymnasium, sauna, tennis court, squash, children's playground, lounge, intercom system
Built-up: 4,200sf
High floor, panoramic seaview
Renovated & fully furnished
Good condition
Price: RM1,850,000
Rental: RM7,000 per month
Facilities
24-hours security, multi storey car park, rock waterfall, landscape garden, management office, reading room, common bathroom, games room, swimming pool, wading pool, water slide, gymnasium, sauna, tennis court, squash, children's playground, lounge, intercom system
The Cove Condo For Sale, Tanjung Bungah (P0018)
Freehold
Built- up: 6,000sf
Beachfront, pananoromic seaview, high floor
Original
1 unit per floor
Price: RM1,850,000
Facilities
24-hours security, 2 covered car park, swmming pool, wading pool, putting green, gymnasium, sauna, community hall, landscape garden, tennis court, BBQ-pit, cafe/restaurant, smart security system.
Built- up: 6,000sf
Beachfront, pananoromic seaview, high floor
Original
1 unit per floor
Price: RM1,850,000
Facilities
24-hours security, 2 covered car park, swmming pool, wading pool, putting green, gymnasium, sauna, community hall, landscape garden, tennis court, BBQ-pit, cafe/restaurant, smart security system.
Development Land For Sale,Tanjung Bungah (P0017)
Freehold
Along main road
Land Area: Appx. 26,000sf
Price: RM300psf
Along main road
Land Area: Appx. 26,000sf
Price: RM300psf
Factory For Sale, Bayan Lepas (P0016)
Located at Bayan Lepas Industrial Estate
Land Area: 42,000sf
Built-up: 16,000sf
Along main road
Price: RM4,000,000
Land Area: 42,000sf
Built-up: 16,000sf
Along main road
Price: RM4,000,000
Factory For Sale, Prai (P0015)
Land Area: Appx. 1.8ac
Built-up: Appx. 39,000sf
High Ceiling
Good Condition
Price: RM4,000,000
Value for money....Don't miss this opportunity!
Built-up: Appx. 39,000sf
High Ceiling
Good Condition
Price: RM4,000,000
Value for money....Don't miss this opportunity!
Vacant Land For Sale, Weld Quay, Georgetown (P0014)
Freehold
Land Area: Appx. 9,500sf
Dual frontages - Weld Quay & Victoria Street
Price: RM230psf
Land Area: Appx. 9,500sf
Dual frontages - Weld Quay & Victoria Street
Price: RM230psf
2 Storey Prewar Houses For Rent, China Street, Georgetown (P0013)
Located at off Beach Street, Penang financial hub
Surrounded with prewar houses & office blocks - suitable for restaurant
Renovated for restaurant
Good condition
Built-up: Appx. 900sf
Rental: RM1,500 per month
Surrounded with prewar houses & office blocks - suitable for restaurant
Renovated for restaurant
Good condition
Built-up: Appx. 900sf
Rental: RM1,500 per month
2 Storey Prewar Houses For Sale, Beach Street, Georgetown (P0012)
3 adjoining units
Land Area: 5,800sf
Under World Heritage Zone
Price: RM1.74mil
Land Area: 5,800sf
Under World Heritage Zone
Price: RM1.74mil
2 Storey Terrace For Sale, Guar Perahu, Coming Soon......(P0011)
Will update it soon!!
Upcoming project in Mainland, Penang
Upcoming project in Mainland, Penang
Gold Coast Condo For Sale, Seri Nibung, Near Queensbay Mall (P0010)
Near Bayan Lepas Industrial Estate & airport
Built-up: Appx. 1,600sf
Fully furnished
High floor, Penang Bridge, sea & pool view
Price: RM730,000
Remark: Easy to rent out & good rental
Full condo facilities
Built-up: Appx. 1,600sf
Fully furnished
High floor, Penang Bridge, sea & pool view
Price: RM730,000
Remark: Easy to rent out & good rental
Full condo facilities
Putra Place Condo For Rent, Seri Nibung, Near Queensbay Mall (P0009)
Near Bayan Lepas Industrial Estate & Airport
Built-up: Appx. 1000sf
Fully furnished with air conds
High floor, Penang Bridge & Seaview
Must view
Rental: RM1,600 per month
Full condo facilities
Built-up: Appx. 1000sf
Fully furnished with air conds
High floor, Penang Bridge & Seaview
Must view
Rental: RM1,600 per month
Full condo facilities
3 Storey Courtyard Terrace Corner For Sale, Simfonia (P0008)
Located at Tanjung Tokong, near Island Plaza & Seri Tanjung Pinang
Upcoming high class township
Land Area: 3343sf (41 x 86 ft)
Built-up 4323sf (28 x 50 ft)
Modern & contemporary design
Price: RM1.5mil
Upcoming high class township
Land Area: 3343sf (41 x 86 ft)
Built-up 4323sf (28 x 50 ft)
Modern & contemporary design
Price: RM1.5mil
Grand Ocean Condo For Sale, Tanjung Bungah (P0007)
Low density & maintenance fees
High floor
Marvellous seaview
Tip top condition
Built-up: 1,033sf
3 + 1 rooms & 1 storeroom outside
Spacious living hall
Furnished
2 covered car parks
Price: RM530,000
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
High floor
Marvellous seaview
Tip top condition
Built-up: 1,033sf
3 + 1 rooms & 1 storeroom outside
Spacious living hall
Furnished
2 covered car parks
Price: RM530,000
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
Wednesday, April 21, 2010
Grand Ocean Condo For Sale, Tanjung Bungah (P0006)
Low density & maintenance fees
High floor
Marvellous seaview
Built-up: 1,076sf
3 + 1 rooms & 1 storeroom outside
Spacious living hall
Furnished
Price: RM480,000
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
Tuesday, April 20, 2010
Hillside Garden Apartment For Sale or Rent, Hillside, Tanjung Bungah (P0005)
Surrounded with landed property
Quiet & Serene environment
Low density with 8 units per floor
Built-up: 700sf
Renovated with kitchen cabinet & grilles
1 Balcony with nice hill view
Extended area at living & kitchen
Price: RM245,000
Rental: RM700 per month
Seeing in buying........
Quiet & Serene environment
Low density with 8 units per floor
Built-up: 700sf
Renovated with kitchen cabinet & grilles
1 Balcony with nice hill view
Extended area at living & kitchen
Price: RM245,000
Rental: RM700 per month
Seeing in buying........
3 Storey Semi Detached For Sale, Tanjung Bungah (P0004)
Modern & Contemporary Design
Surrounded by calming & beautiful natural green & breathtaking seaview
Strategics location & good environment
With careful detailing and beautiful finishes, a fine investment for you & your family
Under construction
Land Area: Appx. 3,369sf
Built-up: Appx. 4,952sf
5 + 1 bedrooms
6 bathrooms
Price: RM1.4mil
Left only 2 units.................act now to secure one before too late!!
2 1/2 Storey Courtyard Terrace Corner For Rent, Seri Tanjung Pinang (P0003)
Located at Tanjung Tokong
Land Area: Appx. 3,000sf
Brand New & Move in condition
5 + 1 bedrooms
With courtyard garden at the back
Fully furnished
Rental: RM5,000 per month
Lowest Price, Grand Ocean Condo For Sale or Rent, Tanjung Bungah (P0002)
HURRY! THE BEST PRICE OFFER!!! GOING! GOING! GONE!
Low density & maintenance fees
Built-up: 1,033sf
3 + 1 rooms & 1 storeroom outside
Spacious living hall
Dry & wet kitchen
Tastefully renovated & furnished
1 covered car parks
Price: RM440,000
Rental: RM1,900 per month
Facilities:
Security with smart card access, community hall, intercom system, swimming pool, wading pool, jacuzzi, gymnasium, games area, sauna, BBQ corner, squash court, grand entrance lobby & covered car park, astro cabling
2 Storey Bungalow, Balik Pulau (P0001)
It is a fabulous family home at secluded location yet close to all amenities such as International School and Hospitals. If you are looking for space yet at affordable price, this is the place, an upcoming township in Penang Island, Balik Pulau. The details are as follow:-
Under construction
• Modern & Contemporary Design
• Near Amenities such as International school, hospital etc
• Land Area: 3,810sf to 6,630sf
• Built-up Area: 2,809sf
• 5 Bedrooms + 5 Bathrooms
• Price: RM688,000 onwards (Best Value, nearby Semi Dee selling almost RM800,000)
Due to limited units available for sale, it won’t be on market for long…..Don’t miss it!! Come to take a look and make this property your next home.
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