Tax deduction for Salary 72000rm/month

Here are the tax steps

Tax steps on annual salary are:
                 2015
0-5,000                    0%                                                 
5,000-10,000      1% RM50
10,001-20,000    1%  +RM50
20,001-35,000    5%  +RM750
35,001-50,000   10%  +RM1,500
50,001-70,000   16% +RM3,200
70,001-100,000   21% +RM6,300
100,001-250,000  24% +RM36,000
250,001-400,000  24.5% +RM36,750
Exceeding 400 000  25%  +RM116,000 (this is calculated on the salary you state)

You add all the + amounts together and then divide by 12 to get the monthly deduction for tax.

Until you are tax resident you will pay a flat rate of 25% (i.e. first 182 days in Malaysia). Overpayment can in most cases be claimed.

Property prices are stable at the moment in KLCC and a little bit down if owners are facing problems renting out. However only serious investors buy in KLCC and so they wont be noticing any fiscal problems and will just ride out the storm. Some have multiple properties and at the moment with a weaker RM it could be a good time to buy depending on which currency the purchase is funded in. Sellers probably wont drop prices either as they know its a good deal for the purchaser if a foreigner. Don't forget stamp duty. The legal fees are fixed price. If you sell within 5 years there is a big bong for capital gains which goes down to 3% for ever after. Your problem may be that you wont be able to sell a property that easily as there is a glut on the market and everyone buys the newest of the new so buildings quickly become obselete.

Minimum purchase price for foreigners is RM1 million in KLCC area (i.e.WP) and RM2 million in Selangor (which starts quite close to KLCC).

You probably would have to pay around RM1.3 - RM2 million in KLCC/BB for nothing flash or particularly close to the Twin Towers.

Down payment will depend on the mortgage provider and the pay off period. Remembering its usually done the Islamic way here i.e. you agree a period and then you cant repay earlier.

Living Expenses = Food RM1500, Utilities RM500 (small amount of aircon - double it for 24hr aircon) Internet/TV RM275