Seller guide · Terengganu
Selling your property in Terengganu
What you receive depends on the agent fee, legal fee, Real Property Gains Tax and what is still owed to the bank. This guide sets out each cost, the usual timeline and the recorded prices in Terengganu, so you can price with evidence.
Seller costs
What comes off the sale price
| Cost | Typical amount | Notes |
|---|---|---|
| Agent fee | Up to 3% plus 8% SST | Maximum allowed by the Board of Valuers, Appraisers, Estate Agents and Property Managers; agreed in writing. |
| Your lawyer’s fee | 1.25% of the first RM500,000, 1% of the next RM7 million, plus SST | Solicitors’ Remuneration Order 2023; minimum RM500. |
| RPGT | 0% to 30% of the gain | Depends on how long you have owned it; see below. |
| Loan redemption | Outstanding loan plus any early settlement fee | Check your loan’s lock-in period. |
| Outstanding bills | Maintenance, sinking fund, quit rent, assessment | Settled or apportioned to completion. |
Tax
RPGT: how long you have owned it matters
| Year of disposal | Citizen or PR | Malaysian company | Foreigner |
|---|---|---|---|
| Within 3 years | 30% | 30% | 30% |
| 4th year | 20% | 20% | 30% |
| 5th year | 15% | 15% | 30% |
| 6th year onwards | 0% | 10% | 10% |
Real Property Gains Tax on the chargeable gain. Individuals also get an exemption of RM10,000 or 10% of the gain, whichever is higher.
At the SPA the buyer’s lawyer holds back 3% of the price (7% if the seller is not a Malaysian citizen or PR) and pays it to LHDN towards your RPGT. You file the RPGT return within 60 days of the SPA; any balance is refunded.
Terengganu rules
What applies to foreign buyers and sellers in Terengganu
State rules as summarised on the Terengganu property page; confirm the current position with your lawyer before you sign.
National Land Code applies
Terengganu is a peninsular state, so land is held under the National Land Code and any foreign purchase needs State Authority consent first. Source: Malaysian Bar Circular No 444/2024; Low & Partners (updated Aug 2026).
Minimum price: RM1,000,000 for a home
The Bar Council’s table of state rules (as at October 2024) lists RM1,000,000 for residential property in Terengganu, and 2026 guides agree. Source: Malaysian Bar Circular No 444/2024; Low & Partners; PropCashFlow (updated Aug 2026); PropertySifu (updated Aug 2026).
State EXCO approval and a levy
The same table says every acquisition by a foreigner is subject to state EXCO approval and that a levy is payable. The levy rate was not published there. Source: Malaysian Bar Circular No 444/2024.
5% registration fee on transfers to or from a foreigner
PropertySifu reports that the Terengganu Land Rules (Amendment) 2024, in force from 1 January 2025, charge 5% of the price or valuation (whichever is higher) to register the transfer, and 5% of the loan to register the charge, and that the 5% applies again on sale. We did not read the gazetted rules. Source: PropertySifu (updated Aug 2026).
Other property types
The Bar Council table marks one non-residential category as not permitted for foreigners; PropertySifu reads Terengganu as barring agricultural land. Confirm the position for commercial or agricultural land with a lawyer. Source: Malaysian Bar Circular No 444/2024; PropertySifu.
Malay Reserve land and Malay holdings
Formal Malay Reserve land is small in Terengganu (0.0073% of the state in 2005, IIUM Law Journal; under 1%, Bernama 2018), but about 60% of state land is classed as Malay holdings protected under Article 90 of the Federal Constitution (Bernama 2018). Some golf-resort titles in Kuala Nerus are listed as Malay Reserve. Foreigners cannot buy Malay Reserve land. Source: IIUM Law Journal (2007); Malaysiakini/Bernama (29 Oct 2018); Bar Circular No 444/2024.
Price evidence
What units sell for in Terengganu
Recorded transactions for projects on this site, as cited on each project page. A price set on evidence sells faster than one set on portal asking prices.
| Project | Figure | Source and date |
|---|---|---|
| Icon Residence | RM420 psf · typical RM406–460 psf median, last 48 months | EdgeProp, viewed Oct 2026 |
| Pangsapuri Ladang Tanjung | RM487 psf · RM470,000 median, 75 recorded sales | EdgeProp Kuala Terengganu area page, Oct 2026 |
Transacted figures from EdgeProp, Brickz or NAPIC as cited on each project page.
Timeline
Steps to sell
- Valuation and pricing (1–3 days): recorded prices, an asking price and the agent fee agreed in writing.
- Marketing and viewings (typically 1–3 months, depending on price and condition).
- Offer and earnest deposit (2–3%) from a buyer whose loan eligibility has been checked.
- SPA signed within about 14 days; the buyer pays the balance of the 10% deposit and the RPGT retention is held.
- Completion usually 3 months from the SPA or state consent, plus a 1-month extension if needed; your loan is redeemed and the balance released.
Straight answers
Frequently asked questions
How much RPGT do I pay if I sell in Terengganu?
RPGT is a federal tax and the same in every state: 30% of the gain within three years, then 20%, 15% and 0% for Malaysian individuals from the sixth year. Foreigners pay 30% within five years and 10% after.
How long does it take to sell a property in Terengganu?
Marketing usually takes one to three months for a well-priced unit, then about three months from the SPA to completion, longer if the buyer needs state consent.
Can a foreign owner sell to another foreigner?
Yes, if the buyer meets the Terengganu rules for foreign buyers (National Land Code applies) and obtains state consent; check any minimum holding period in the state rules above.
Should I sell or rent out?
It depends on your loan, the rent the unit can achieve, how long you have owned it (RPGT) and whether you need the cash. Jason can compare both for your unit.
General information by a registered agent, not legal or tax advice. Rates as published for 2026; your lawyer and LHDN have the final figure. Checked October 2026.
What is your Terengganu property worth?
Send the project and unit size. I reply with recorded prices for similar units, a realistic asking price and what you would receive after costs.