Low Yat sees little impact from real property gains tax hike


PETALING JAYA: The Low Yat Group, which is developing the 1,081ha Bandar Tasik Puteri (BTP) township, believes the real property gains tax increase and the removal of the developer interest-bearing scheme will not have much impact on the company due to its product pricing.

The company’s project/construction management director Lee Kok Wah told StarBiz that most buyers of BTP properties were owner-occupiers, while the homes were mostly in the mid-price range.

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