News about RPGT

The commission said the imposition of fixed conveyancing fees is inconsistent with the fact that litigation fees in Malaysia do not follow fixed rates.

PETALING JAYA (Oct 29): Mah Sing Group has lauded the initiatives tabled by the government in Budget 2022 with a total allocation of RM332.

PETALING JAYA (Oct 29): CBRE | WTW group managing director Foo Gee Jen (pictured) maintained a neutral outlook for the real estate industry in light of the tabling of Budget 2022 today.

PETALING JAYA (Oct 29): Real Estate and Housing Developers’ Association Malaysia (REHDA) lauded the government’s proposal to waive real property gains tax (RPGT) for properties sold on the sixth year onwards in the Budget 2022 announcement today.

PETALING JAYA (Oct 29): Overall, there is no 'creativity' in Budget 2022 with regards to the property sector, said said KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan (pictured).

KUALA LUMPUR (Nov 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has proposed that the government waive the real property gains tax (RPGT) across all property sectors involving transactions of less than RM10 million in 2021 to stimulate the property market.

Owning a home is a dream of most Malaysians but, for many, it remains elusive.

KUALA LUMPUR (June 26): End-user residential is experiencing a rebound in countries where the market has reopened, notably China where the market was given a post-lockdown boost by the central bank’s credit easing, according to Savills Global Market Sentiment Survey (June 2020).

PETALING JAYA (June 5): The property market stimulus measures announced under the country’s Penjana Short-term Economic Recovery Plan (ERP) today would benefit the domestic market but the country needs foreign investors to help the market recover as well, said the Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong (pictured).

KUALA LUMPUR (June 5): The government wants to stimulate the property sector again and it is with this in mind that Home Ownership Campaign (HOC) will be reintroduced while there will also be stamp duty and Real Property Gains Tax (RPGT) exemptions.