KUALA LUMPUR: Johor’s Iskandar Regional Development Authority (Irda) has written to the Finance Ministry to ask if Medini Iskandar Malaysia, a new township that it is currently developing, will be exempt from the more stringent property transactions measures announced under Budget 2014.
After the budget was announced on Oct 25, there has been talk among property investors that Medini is excluded from the measures that targets speculators, and looks poised to be a gold mine for investors.
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