Buyer guide · Terengganu
Buying a subsale property in Terengganu
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 3 Terengganu 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 Terengganu.
- 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.
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
Recorded and asking prices in Terengganu
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 |
|---|---|---|
| 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.
| Project | Figure | Source and date |
|---|---|---|
| Icon Residence | RM505,000 – RM595,000 for sale, 1,236–1,238 sq ft | Mudah.my listings, Oct 2026 |
| Pangsapuri Ladang Tanjung | RM470,000 – RM550,000 for sale | EdgeProp, iProperty and Mudah.my listings, Jun–Oct 2026 |
| Sarai 2.0 @ Kuala Terengganu Golf Resort | RM550,000 · 6,405 sq ft land golf-resort bungalow listed under Sarai 2.0 | PropertyGuru listing, 29 Sep 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 Terengganu?
Yes, if the unit meets the Terengganu minimum for foreign buyers (National Land Code applies) 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 Terengganu?
Send your budget, area and property type. I will reply with units that fit, recorded prices and a full cost estimate.