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KUALA LUMPUR: The increased real property gains tax (RPGT) may appear shocking to keen investors in the local property market, but such a measure is deemed necessary by a property developer to ensure sustainability in the industry.
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.
PETALING JAYA: There is still much hype over the 902ha Medini township in Iskandar Malaysia on the southern tip of Peninsular Malaysia, despite the confusion over whether the township has been exempted from the new real property gains tax (RPGT) regime.
The Real Estate and Housing Developers' Association Malaysia (Rehda) expects the government to increase the real property gains tax (RPGT) by 15-20% in the 2014 Budget to be tabled on Oct 25.
GEORGE TOWN: The upward revision of the Real Property Gain Tax (RPGT) will work only in the short-run to curb speculation.
KUALA LUMPUR: The increase in Real Property Gains Tax (RPGT) on the profits from the disposal of real estate, as proposed in the Budget 2019, will see increases in sub-sale prices of real properties, says the Malaysian Institute of Architects (PAM).
SEREMBAN: MCA has proposed that the government stop imposing the real property gains tax (RPGT) on assets disposed after 10 years of acquisition.