Budget 2020 survey: Please review RPGT
It seems a large number of property owners have been disturbed by the current Real Property Gains Tax (RPGT) and they are hoping to see it reduced or removed, according to a poll conducted by EdgeProp.
PEPS: Remove 5% RPGT for property disposal from 6th year
PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating the country’s housing market.
LBS Bina Budget 2020 wishlist: More measures to make homeownership easier
PETALING JAYA (Sept 20): LBS Bina Group Bhd urged the government to extend the homeownership campaign (HOC) and various financial incentives till next year, said the managing director Tan Sri Lim Hock San.
BAssets 4Q net loss widens following higher deferred tax bill
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
Stamp duty exemption is great, but please review RPGT too
PETALING JAYA: First-time homebuyers in the secondary market can rejoice with the recent announcement of stamp duty exemptions.
RPGT now a pure taxation tool, discourages long-term investment
PETALING JAYA: The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding period as there would be no motivation for longer term investment, said a tax expert.
New RPGT rates will dampen sales
PETALING JAYA (Dec 31): Malaysia’s revised Real Property Gains Tax (RPGT) rates that take effect from Jan 1, 2019, will dampen market sentiment and sales in the near term, according to industry players.
Stamp duty waivers will boost housing market, says Knight Frank Malaysia
KUALA LUMPUR: The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam.
Budget 2019: Increase RPGT rates within first 5 years would make more sense, says PEPS
PETALING JAYA (Nov 2): It would make more sense for the government to increase the Real Property Gains Tax (RPGT) rates within the first five years instead of imposing a 5% tax rate for Malaysian individuals after the fifth year, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).
Budget 2019: A budget with 'more answers than questions', says MIEA
PETALING JAYA (Nov 2): The Malaysian Institute of Estate Agents (MIEA) has described Budget 2019 as a budget with “more answers than questions”.
