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