Buyer guide · Perak
Buying a subsale property in Perak
A subsale (resale) home is bought from its current owner: you see the actual unit, the view and the neighbours, and you can move in or rent it out within months. This guide sets out the steps, the real costs and the checks, with recorded and asking prices for the 19 Perak projects on this site.
The process
Steps to buy a subsale property
- Set your budget. Get a bank pre-assessment. Banks usually lend up to 90% for your first two properties and up to 70% from the third.
- Compare prices. Set asking prices against recorded transactions in the same building (NAPIC open data, EdgeProp, or ask Jason).
- View and check. Defects, water pressure, parking and the management office’s statement of arrears.
- Offer and earnest deposit. An offer to purchase with an earnest deposit, usually 2% to 3%, subject to contract.
- SPA and the 10% deposit. Your lawyer searches the title and the seller, then you sign the SPA and pay the balance of the 10%.
- Loan and consents. The bank values the unit. State consent is needed for foreign buyers and for some leasehold or restricted titles in Perak.
- Completion and keys. Usually 3 months from the SPA or consent, with a 1-month extension at interest; then the title is transferred and the keys handed over.
Perak rules
What applies to foreign buyers and sellers in Perak
State rules as summarised on the Perak property page; confirm the current position with your lawyer before you sign.
Freehold is barred for foreigners
Since September 2023 non-citizens and foreign companies cannot acquire, own, hold or inherit freehold property in Perak, so only leasehold is open to them (Malaysian Bar Circular No 444/2024).
Minimum price set by zone
Perak splits the state into three zones; Zone 1 is Ipoh. In the December 2024 position, Ipoh homes bought direct from a developer needed RM500,000–2 million for strata and RM700,000–2 million for landed; Zone 2 towns RM350,000–900,000 strata and RM500,000–1.5 million landed; Zone 3 RM350,000–750,000 strata and RM300,000–1 million landed. Where in each range a purchase falls depends on the title and tenure.
Subsale: check the 2026 change
The December 2024 position did not permit foreigners to buy residential subsale property in Perak. Guides published in 2026 report PTG Perak Circular No. 01/2026, in force from 4 March 2026, which allows subsale purchases with full title from about RM800,000 (Zone 3 strata) to RM2.5 million (Ipoh landed). We could not read the circular itself.
Levy on approval
Perak charges a levy when consent is granted; Malay Mail reported RM50,700 collected on four MM2H purchases by November 2023. Guides citing the 2026 circular give 1.5% or RM15,000 on a first home and 2% or RM20,000 on a second.
Unit limit
The same 2026 guides report a limit of two residential units, for individuals only. Not yet checked against the circular.
State consent from PTG Perak
Every purchase by a foreigner needs State Authority consent, applied for through your lawyer at the Perak Land and Mines Office (Pejabat Tanah dan Galian Perak).
Price evidence
Recorded and asking prices in Perak
One line per project on this site, as shown on each project page. Transacted figures are deals recorded with the valuation department; asking figures are listings.
| Project | Figure | Source and date |
|---|---|---|
| D'Festivo Residences | RM432 psf · typical RM330–453 psf median, last 48 months | EdgeProp, viewed 2 Oct 2026 |
| Taman Alamanda | about RM273,000 · about RM203 psf median, 49 subsales 2022–2025 | list.my, from NAPIC (JPPH) records, Oct 2026 |
| Taman Mahsuri Impian | RM500,000 · about RM238 psf (typical range RM450,000–550,000), 19 sales 2021–2026 median, whole Taman Mahsuri Impian | List.my, from NAPIC records, Oct 2026 |
| The Haven | RM467 psf · typical RM417–645 psf median, last 48 months | EdgeProp, viewed 2 Oct 2026 |
Transacted figures from EdgeProp, Brickz or NAPIC as cited on each project page.
| Project | Figure | Source and date |
|---|---|---|
| Bandar Baru Setia Awan Perdana | RM192,000 – RM333,000 (about RM217 psf) resale, by house type | PropertyGuru project page, Oct 2026 |
| Bercham Prima (Ipoh Kiara) | About RM285,000 – RM760,000 · RM255–329 psf for sale | PropertyGuru, Oct 2026 |
| D'Festivo Residences | From about RM242,000 · RM286–670 psf for sale | PropertyGuru, Oct 2026 |
| Lagenda Teluk Intan | from about RM165,000 · RM118–273 psf for sale, 4 listings | PropertyGuru listings, Oct 2026 |
| Meru Desa Park | RM550,000 – RM850,000 (most RM550,000–650,000) 2-storey terraces, all phases (15 listings) | PropertyGuru listings, Oct 2026 |
| Meru Heights Residences | About RM298,000 – RM398,000 · RM282–386 psf for sale | PropertyGuru, Oct 2026 |
| Se7en @ Thompson Residences | About RM780,000 – RM1,800,000 for sale | PropertyGuru listings, Sep 2026 |
| The Anderson @ Ipoh | RM215,000 – RM288,000 · about RM380–436 psf for sale (8 listings) | PropertyGuru listings, Sep 2026 |
| The Haven | About RM400,000 – RM1,350,000, most RM480,000–700,000 for sale | PropertyGuru listings, Sep 2026 |
| The Horizon | About RM368,000 – RM520,000 · RM477–643 psf for sale | PropertyGuru, Oct 2026 |
Asking prices from property portals in the month shown.
What it costs
Cash needed on a RM500,000 subsale home
| Item | Amount | How it is worked out |
|---|---|---|
| Down payment | RM50,000 | 10% of the price |
| Stamp duty on the transfer | RM9,000 | 1% of the first RM100,000, 2% of the next RM400,000, then 3% to RM1 million and 4% above |
| Stamp duty on a 90% loan | RM2,250 | 0.5% of the loan |
| Lawyer’s fees (SPA and loan) | about RM11,900 plus SST | Solicitors’ Remuneration Order 2023 scale |
| Valuation and disbursements | about RM1,500–3,000 | Bank valuation, searches, registration |
Illustration for a Malaysian buyer. Malaysian first-time buyers at RM500,000 or below pay no stamp duty on the transfer or loan for SPAs signed from 1 January 2026 to 31 December 2027. Foreign buyers pay 8% stamp duty on the transfer of a home from 1 January 2026. Use the buying costs calculatorCalculate my exact costs → for your numbers.
Straight answers
Frequently asked questions
Can a foreigner buy a subsale property in Perak?
Yes, if the unit meets the Perak minimum for foreign buyers (Freehold is barred for foreigners) and is not a restricted unit, with state consent. Stamp duty for foreigners buying a home is 8% from 2026.
How long does a subsale purchase take?
Commonly three to four months from the SPA to the keys; longer when state consent is needed.
How much cash do I need for a RM500,000 subsale home?
About RM75,000 to RM78,000 including the 10% deposit, stamp duty and legal fees, before renovation. A Malaysian first-time buyer may save the stamp duty.
Where do I see what units really sold for?
Recorded transactions are published through NAPIC open data and summarised on EdgeProp and Brickz. The table above links each project on this site; Jason can pull the latest deals for a specific unit type.
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.
Looking for a subsale home in Perak?
Send your budget, area and property type. I will reply with units that fit, recorded prices and a full cost estimate.