Budget 2019: A mixed bag, says RHB Research Institute
PETALING JAYA (Nov 2): The Budget 2019 is a mixed bag as far as the housing sector is concerned, said RHB Research Institute senior analyst Loong Kok Wen.
Budget 2019: Property consultant expects more deals closed before higher RPGT kicks in
PETALING JAYA (Nov 2): A property consultant expects a more active real estate transaction now till year end to avoid additional Real Property Gains Tax (RPGT) charges.
Budget 2019: Good news for first-time homebuyers, but not for investors, says Savills Malaysia
PETALING JAYA (Nov 2): The increase in stamp duty rates for the transfer of property valued RM1 million and above as well as the imposition of Real Property Gains Tax (RPGT) on future property sales have increased the entry and exit costs for property ownership which might dampen investors’ interest, said Savills Malaysia managing director Datuk Paul Khong.
Budget 2019: MIPEAC lauds government’s effort to resolve market mismatch problems
PETALING JAYA (Nov 2): Budget 2019 is a very comprehensive budget that encourages homeownership while aiming to resolve the mismatch in property demand and supply, said Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) deputy president See Kok Loong (pictured).
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Budget 2019: No big impact expected from higher RPGT, say industry experts
PETALING JAYA (Nov 2): While the Real Property Gains Tax (RPGT) rate will be increased after the fifth year, industry experts believe it will not adversely impact the property market as the quantum of increase is rather minimal.
Expect measures to raise homeownership and tackle overhang in Budget 2019, say analysts
PETALING JAYA: Budget 2019 will continue to be geared towards affordable housing policies.
'Avoid new taxes and maintain RPGT rate in Budget 2019'
PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen.
IRB: All property deals in cryptocurrency subject to RPGT
PETALING JAYA (Jan 22): All property transactions in Malaysia that use cryptocurrency are still liable for real property gains tax (RPGT), said the Inland Revenue Board (IRB) CEO Datuk Seri Sabin Samitah.
CBRE | WTW: No news on DIBS, RPGT is good news
KUALA LUMPUR (Oct 27): CBRE | WTW viewed the government’s move of not reintroducing the developer interest bearing scheme (DIBS) and maintaining the current real property gains tax (RPGT) rate in Budget 2018 as positive.
So, you want to be a property flipper?
There are various strategies to make money through real estate and one of the most common is probably “flipping”, which means buying a property and reselling it for a profit within the shortest time possible.
