Johor to raise levy on property bought by foreign interests


JOHOR BARU: Johor is proposing to raise the approval levy for property acquisitions by foreign interests from 2% to 3% to strengthen land administration and support ongoing system upgrades, says Mentri Besar Datuk Onn Hafiz Ghazi.

He added that the proposed revision is the first since the levy was introduced in 2014 and comes amid major improvements to the Johor Land and Mines Office (PTG) aimed at enhancing efficiency and transparency in land dealings.

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