Johor mulling over unsold property tax


KULAI: Johor is considering enacting a tax on unsold property as a means to reduce property overhang.State Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said the state had yet to make a final decision as it required feedback from all stakeholders, especially developers.

He said according to the National Property Information Centre (Napic), there were a total of 46,539 units of unsold property in Johor worth RM30.7bil as of June 2019.

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