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Nation 03 Nov 2013 | 12:00 AM

New tax rate to keep away flippers

Property prices have been spiralling and Budget 2014 introduced tough measures to cool prices down.

Community 01 Nov 2013 | 12:00 AM

Developers want flexibility

Govt’s proposed increase in floor price on properties for foreigners may not suit Perak

Nation 01 Nov 2013 | 12:00 AM

IRB: GST to help boost government coffers

KUALA LUMPUR: The Govern­­ment will see a broader tax base that will result in more revenue following the implementation of the Goods and Services Tax (GST), says Inland Revenue Board (IRB) chief executive officer Tan Sri Dr Mohd Shukor Mahfar.

Community 01 Nov 2013 | 12:00 AM

Proposed ruling may affect growing MM2H interest in Perak

THE recent proposal announced by the Government to control foreign ownership of properties may cause potential Malaysia My Second Home (MM2H) participants to shy away from Perak.

Community 29 Oct 2013 | 12:00 AM

RPGT raised or DIBS barred to make little difference in Sarawak, says observer

KUCHING: The sharp increase in Real Property Gains Tax (RPGT) and removal of the Developer Interest Bearing Scheme (DIBS) will have little impact on Sarawak’s property firms as there are few market speculators in the state.

Nation 28 Oct 2013 | 12:00 AM

Affordable homes only for genuine buyers, says Johor MB

GELANG PATAH: Johor has assured that its affordable housing scheme will benefit eligible and genuine house buyers and not speculators.

Community 28 Oct 2013 | 12:00 AM

MB: New police HQ will improve security in Johor

JOHOR BARU: The Johor government welcomes the allocation under Budget 2014 to build new police district headquarters in Johor Baru (South) and Nusajaya.

Nation 28 Oct 2013 | 12:00 AM

'DIBS removal to curb speculation'

KUALA LUMPUR: The doing away of Developer Interest Bearing Scheme (DIBS) for properties will help curb speculation, said MCA Young Professionals Bureau chief Datuk Chua Tee Yong.

Nation 27 Oct 2013 | 12:00 AM

Budget 2014: Consumers need not worry about price hikes on sugary products for now

PETALING JAYA: Consumers need not worry about paying more for their cuppa or meals with the removal of the sugar subsidy – for the time being at least.

Nation 27 Oct 2013 | 12:00 AM

Budget 2014: Higher tax rates may not stop house prices from going up

PETALING JAYA: The increase in Real Property Gains Tax (RPGT) will dampen speculation but it is unlikely to stop house prices from escalating and may even lead to a rise, say developers and consultants.