Johor looking to raise levy on property purchases by foreigners


JOHOR BARU: The state government is proposing to raise the levy on property purchases by foreign buyers from 2% to 3% as part of efforts to strengthen land administration and support ongoing system upgrades, says Mentri Besar Datuk Onn Hafiz Ghazi (pic).

This marks the first proposed revision to the levy since its introduction in 2014 and comes in tandem with a major overhaul of the Johor Land and Mines Office (PTG) to improve efficiency and transparency in land dealings.

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