68104
Development of building projects for own operation, i.e. for renting of space in these buildings
This activity involves the development of building projects that are intended for the developer's own use, specifically for renting out spaces such as homes, flats, apartments, or condominiums. These properties are typically offered for longer-term occupancy, such as on a monthly or annual basis.
Open to foreigners
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Fully open
Standard Sdn Bhd RM 1
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 68104 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
- Act 518NATIONAL LAND CODE (PENANG AND MALACCA TITLES) ACT 1963
- Act 828NATIONAL LAND CODE (REVISED - 2020)
Machine-identified from each Act's text — verify before relying on it.
For SSM registration
Activity details
Includes
providing of homes and flats, apartments or condominiums for more permanent use (monthly or annual)
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 68104 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.