In response to the people's view on the real property gains tax (RPGT) imposed on disposal of properties by individual citizens and permanent residents after a five-year period, the government will enhance the RPGT treatment by setting the market value on 1 January 2013 as the property acquisition price for properties acquired prior to 1 January 2013 compared to 1 January 2000. 

SHARE
SPONSORED CONTENT
Iringan Bayu—Freehold Landed Homes Where Comfort Meets Nature

Here, your vision of a dream home finds its true form: lush landscapes meet safe, exclusive living, with modern amenities and connectivity at hand.

read more
RELATED POSTS
  1. Property transfers must be reported within 60 days for tax purposes, says IRB
  2. MyCC: Higher conveyancing fees conflict with govt's bid to improve housing affordability
  3. CBRE | WTW: No waivers and mention of MM2H, a neutral Budget for property sector