UPDATE Rehda: Property prices to drop with zero GST

PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, with commercial properties to see an immediate drop come June, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.

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Maybank Investment: GST zero rate positive but needs more clarity

PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.

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