Lower real property gains tax to zero, urges Rehda


Rehda believes there will be delays in completion of development projects as construction work has been put on hold due to the movement control order (MCO). — Filepic

JOHOR BARU: The Johor Real Housing Estate and Developers Association (Rehda) has urged the Federal Government to lower real property gains tax (RPGT) to zero percent following the Covid-19 pandemic.

Johor Rehda branch chairman Datuk Steve Chong Yoon On said that reducing the RPGT rates to zero percent for the next one or two years would help the housing sector here.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Metro News

KL hotel offers memories beyond the buffet for holiday season
Kuala Langat free-roam animal shelter ready in January
Seremban pupils receive corrective eyewear through pilot programme
S’gor to resolve temple land issues
Families, students enjoy quality time celebrating across borders
Answers needed on Johor water
Festive fare meets Malaysian flair
Property developer wants to see ‘lives positively impacted’
Kind souls brighten season
Slow and steady wins RM424K for senior home

Others Also Read