Valuation reports for Real Property Gains Tax purposes, prepared for clients across Central and Northern Malaysia.
Real Property Gains Tax (RPGT) is a tax on the gain from disposing of a property in Malaysia. A valuation is often needed whenever there's no clear market price to rely on, such as inherited properties, properties received as gifts, or transfers between related parties.
Individuals or executors dealing with an inherited property, a property transferred as a gift, or a transfer between related parties typically require this type of valuation to support their RPGT submission.
We visit the property to assess its condition and relevant details.
We prepare a report following the standards required for RPGT submission.
You receive a completed report ready to submit for RPGT purposes.
G E Tan Valuers is registered with the Board of Valuers, Appraisers, Estate Agents and Property Managers Malaysia (BOVAEP). Our team includes members of the Royal Institution of Chartered Surveyors (RICS). Every report complies with the Malaysian Valuation Standards.
Typically when there's no clear market price to rely on, such as inherited properties, gifted properties, or transfers between related parties.
This depends on how quickly a site inspection can be arranged. As a general guide, a report is usually ready around a week after the inspection.
Not necessarily, as long as someone is available to provide access to the property.
Contact us with your property details and the circumstances of the disposal, and we'll advise on the next steps.