Effective 1 July 2025, Johor has raised the Foreign Buyer’s Levy (FBL) on property purchases by non-Malaysians and foreign entities. The new rate is 3% or a minimum of RM30,000, up from the previous 2% or RM20,000. This increase applies to both residential and industrial property purchases by foreign buyers.
For example, a RM 1.5 million property would now incur an FBL of RM 45,000, in addition to a RM 5,000 registration fee.
Singaporean investors and companies looking to acquire property in Johor should carefully consider these higher costs in their financial planning, tax calculations, and cross-border compliance strategies.
At NS Global Consultants Pte. Ltd., we assist clients with corporate secretarial, bookkeeping, compilation, and tax services, helping businesses and investors navigate cross-border regulations efficiently. With our guidance, you can ensure compliance while optimizing financial planning for property acquisitions.
Contact us today to learn how we can support your property investment planning and cross-border tax obligations.