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.

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Family & Community , rgpt , gst , sheda

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