Consultants see tax relief for housing loans supporting first-time buyers amid limited property measures in Budget 2025
The government announced individual tax relief for housing loan interest payments to encourage first-home ownership.
The government announced individual tax relief for housing loan interest payments to encourage first-home ownership.
Exsim Hospitality also said the contract will begin from Oct 18, subject to further confirmation by the main contractor.
“The new owners inheriting these properties may end up having to sell their ancestral home as they cannot afford to pay the imposed tax, thus losing their home and an investment kickstarted by their deceased family, and discourage long-term ownership of properties,” said REHDA president, Datuk Ir Ho Hon Sang.
While we don’t disagree with paying taxes on money made and even money spent (in the form of GST), paying taxes on things we own that we have already paid taxes on with already taxed money would be a SCAM.
The success of TODs in Malaysia hinges on coordinated planning, strong local authority involvement, and effective partnerships between stakeholders.
The project has a gross development value of RM228 million, offering 500 serviced apartments within a 33-storey tower, with built-ups ranging from 572 to 1,065 sq ft.
The proposed IPO involves a public issue of 132 million new shares and an offer for sale of 59 million existing shares at a price to be determined later, according to its draft prospectus.
They include Rumah Idaman and Rumah Selangorku Harapan while the exemption does not apply to open market and other sub-sector projects.
In Malaysia, the property management industry is well established through a robust combination of education, practice, and industry standards.