Rehda: GST will push up home prices by 2.6%


Real Estate and Housing Developers' Association of Malaysia (Rehda) says the GST is likely to raise property prices.

PETALING JAYA: Home prices will rise by about 2.6% once the goods and services tax (GST) comes into play, said the Real Estate and Housing Developers’ Association Malaysia (Rehda).

The chairman of the association’s task force on accounting and taxation, Datuk Ng Seing Liong, said that the calculation was based on its consultations with industry experts and member developers.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , REHDA , GST , Customs , housing prices

Next In Business News

Ringgit set for cautious week versus US dollar amid West Asia conflict
Pursuing the Elixir of growth
The AI finance revolution
Energy crunch singes New Delhi street stalls
A winner in medals
Winners and losers in carbon-priced climate
A time of carbon reckoning
Gulf luxury car profits under siege
Oil & war the big woes
‘Mr Brexit’ made winning�calls amid Iran war

Others Also Read