Property developers have mixed reaction to RGPT and GST


By YU JI

KUCHING: Property developers have expressed mixed reaction to Budget 2014, with particular concern on the impact of the Real Property Gains Tax (RGPT) hike.

The tax, which is aimed at curbing speculation, could do more harm than good in a state like Sarawak, where house prices and purchasing trends are vastly different from those in Peninsular Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Family & Community , rgpt , gst , sheda

   

Others Also Read