Tool · Updated October 2026 · For buyers from India, NRIs and OCI holders
How much do you need to send from India to buy a home in Johor Bahru or elsewhere in Malaysia, and what is the monthly loan in rupees? Enter the price and your loan, and the calculator adds up the down payment, stamp duty, legal fees and, in Johor, the state consent levy for foreigners, in ringgit and rupees. It also estimates the TCS your bank collects when you send the money under LRS.
How the calculator works
- Stamp duty on the transfer: a flat 8% for foreign buyers of residential property from 1 January 2026. My stamp duty guide has worked examples.
- Stamp duty on the loan agreement: 0.5% of the loan.
- Legal fees: the scale for the sale and purchase agreement and the loan agreement (1.25% on the first RM500,000, then 1%, minimum RM500), plus 8% SST. Disbursements are extra.
- Johor consent levy: 3% of the price or RM30,000, whichever is higher. Other states set their own fees, which are not included.
- Monthly instalment: a standard repayment formula. Malaysian banks usually lend foreign buyers 60% to 70% (see how foreigner home loans differ).
- Sending money from India: under the RBI’s Liberalised Remittance Scheme you can send up to US$250,000 per financial year. For overseas property, TCS is 20% on the amount above ₹10 lakh in a financial year, as reported after Budget 2026; it is an advance tax, not a cost, if you can set it off. My LRS and TCS guide explains it.
- Exchange rate: pre-filled with ₹23.68 per RM1, worked out from Bank Negara Malaysia’s rate on 9 October 2026 (about RM4.22 per ₹100). Change it to today’s rate.
Not included: valuation fees, state consent application fees, bank charges on the transfer, furnishing, and the first year’s quit rent and assessment.
Before you buy from India
- Buying Malaysian property from India: the complete guide
- Buying property in Johor Bahru from India: rules, costs and steps
- Indian tax on Malaysian property: rent, gains and the DTAA
- Visiting JB to see property: I meet you at JB Sentral, Senai Airport or your hotel.
Questions about your numbers?
Send me the price and how you plan to pay, and I will go through the costs with you.
Sources: Business Today, “Foreign exchange rates (Bank Negara Malaysia 5pm rates)”, 9 October 2026; Reserve Bank of India, “Liberalised Remittance Scheme FAQs”, April 2023; Business Today (India), “Budget 2026 changes TDS, TCS rates across sectors”, February 2026. Malaysian rates as set out in my stamp duty guide and buying costs calculator.
Jason Lim, REN 84424, IQI Realty Sdn. Bhd. E (1) 1584/6. General information checked on 12 October 2026, not legal, tax or financial advice.