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Norllidah

Hi.. My name is Norlidah, initially i have a mission to open up bisness in Kuala Lumpur, need professional advised before attentionally migrated from Singapore to be Malaysian. My destination is town area, full of strong energy my favourate place Kuala Lumpur..
My intentions was really clear and has no regrets to be part of Malaysian,as Kuala Lumpur has grown tremendously positively good for bisness.
My intention is to leave Singapore next year after my contract with my agents that am working now. Next year by end October or beginning of November 2018.
Before that i need preparation like.. of course money..😊
I need to know how much amount of money if open bisness and place to stay alone.. Most probably like to stay First Class Condo in Kuala Lumpur..😊
Please advised.. Thank you😊

Gravitas

Depending which type of business and who are the shareholders, the paid-up capital required to open a business in Malaysia ranges from RM350,000 to RM1 million. http://malaysiabizadvisory.com/ Rents start at about RM3k upwards. Middle would be RM7-10k per month. High end RM10k upwards

Norllidah

Thank you for your response.. But you never say in detail about the house rent that you give me the estimation due on which type of house mention $7k rm?
The bisness open up to estimation $350k rm what kinda of shop roughly could i get to own?
Thank you again. 😊

Gravitas

If you want to take a look at rents and what you get for various amounts of rent take a look at www.iproperty.com.my.

Check out the Malaysiabizadvisory link as it will answer your questions. As a foreigner you cannot own all types of retail shops and services. http://malaysiabizadvisory.com/type-of- … -malaysia/

This lists areas with limitations for foreign ownership
http://malaysiabizadvisory.com/types-of … permitted/http://malaysiabizadvisory.com/type-of- … -malaysia/

The issue may be owning together with a local business partner (PUC is RM350,000 in this case) but then you may be viewed as an investor and may not get a work permit to remain in Malaysia. If you want to check out commercial rents and businesses for sale (possibly failed ones) then visit www.mudah.my

Guest7644

Hi Norllida

I'm a Canadian national into wholesale trade in clothing in Malaysia.  This is my WhatsApp number you can add me  ****

Moderated by Bhavna 7 years ago
Reason : Please do not post your contact details on the forum. You should exchange them through the private messaging system.Thank you
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