Rehda's chairman of finance and investment committee, Datuk Ng Seing Liong, said buyers should not worry about the expected increase in RGPT as it would only affect buyers who disposed of their properties within five years of purchase.
KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) expects the government to increase the real property gains tax (RPGT) by 15-20% in the 2014 Budget to be tabled on Oct 25.
Its chairman of finance and investment committee, Datuk Ng Seing Liong, said buyers should not worry about the increase in RGPT as it would only affect buyers who disposed of their properties within five years of their purchase.
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