SP Setia: Budget 2022 continues to prioritise homeownership
They appreciate the availing of a government guarantee of up to RM2 billion to banks under the Housing Credit Guarantee Scheme.
They appreciate the availing of a government guarantee of up to RM2 billion to banks under the Housing Credit Guarantee Scheme.
Finance Minister Tengku Datuk Seri Zafrul Aziz: There will be a special initiative to assist Bursa Malaysia-listed companies, which will see the injection of funds into companies that have been affected by the Covid-19 pandemic via a government-owned special purpose vehicle (SPV), in the form of equity or other related instruments
President Tan Sri Sufri Mhd Zin: MBAM was expecting a more uplifting 2022 Budget announcement for the construction industry. Disappointingly, there was no announcement of new mega infrastructure to prime the revival of the Malaysian construction industry.
KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan: Apart from the abolishment of the RPGT for properties held from the sixth year onwards, there was hardly any good news for the property market
RHB Research Institute senior analyst Loong Kok Wen said the proposed waiver of the real property gains tax (RPGT) on property owners who sell their properties after the sixth year is a good step but may not be enough to stimulate the property market as a whole
The real property gains tax (RPGT) will not be applied for properties sold after the sixth year
This is nearly 3% more than the RM322.5 billion announced for Budget 2021.
The financial, insurance, real estate and business services sector dominated the total corporate bond issuance at 55.8%.
In 2022, consumption demand for goods and services by households is expected to be supported by expectations of improved employment conditions, while the projected growth in private investment activities and the implementation of the 12th Malaysia Plan will further augment domestic demand
The government is currently considering options to reduce the reliance on direct taxes and widen the revenue base by shifting to consumption-based tax under the Medium-Term Revenue Strategy (MTRS) framework