‘Price of house will drop with SST’

Yong (left) looking at some of the projects on display at a property exhibition in Perak. — Filepic

WITH the reintroduction of the Sales and Service Tax (SST) to replace the Goods and Services Tax (GST), the state is confident in lowering overall house prices.

State housing committee chairman Paul Yong Choo Kiong said it was because SST was only applied in the earlier stages and did not involve a lot of transactions.