Estate agents: Budget 2020 below expectation especially on RPGT

Oct 12

PETALING JAYA (OCT 11): Although encouraged by some of the government’s Budget 2020 announcements today that focus on stimulating the property market, the Malaysian Institute of Estate Agents’ (MIEA) immediate past president Eric Lim said overall, Budget 2020 was “slightly below his expectations”.

Budget 2020: RPGT base year to be revised

Oct 12

PETALING JAYA (Oct 11): The government will revise the real property gains tax (RPGT) imposed on the disposal of properties after a five-year period, by individual citizens and permanent residents.

Budget 2020: Lower threshold for foreign purchases

Oct 11

PETALING JAYA (Oct 11): The government today has proposed to lower the minimum price threshold for the foreign purchase of high-rise property specifically condominiums and apartments in urban areas, from RM1 million currently to RM600,000 effective 2020.

No plans to abolish RPGT, says Finance Ministry

Oct 10

KUALA LUMPUR (Oct 10): Putrajaya does not plan to get rid of the Real Property Gains Tax (RPGT) for the time being “as it has not reached the one-year implementation period”, the Finance Ministry said, The Star reported today.

Budget 2020 survey: More than six months' wait for a buyer

Oct 08

Looks like property owners looking to sell their properties will have to wait at least six months before they could find a buyer, according to an EdgeProp.

Budget 2020 survey: Please review RPGT

Oct 08

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

Oct 04

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.

房屋趣：英国Battersea Power Station期望成为乐此不疲的去处

Oct 04

英国伦敦的Battersea Power Station (BPS) 重建计划锣密鼓进行中，这栋有86年历史的建筑将在翻修与添加新元素后，将摇身成为伦敦新商业中心。 BPS在1975年至1983年期间被停用后，该电站大楼一直处在被关闭和封锁的状态。由Sime Darby Property Bhd、SP Setia Bhd（各持40％股权）和雇员公积金局（EPF）（持20％股权）组成的大马财团牵头，泰晤士河南岸的BPS区域正企图转型成为伦敦的一个有吸引力的去处。 EdgeProp.