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.
KUALA LUMPUR (Oct 9): M+S Pte Ltd, a 60:40 joint venture between Khazanah Nasional Bhd and Temasek Holdings Pte Ltd, is selling its wholly-owned subsidiary Ophir-Rochor Hotel Pte Ltd (ORH) to property developer Hoi Hup Realty Pte Ltd for S$475 million or S$1.
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.
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.
KUALA LUMPUR (Sept 23): The criminal breach of trust and graft trial involving former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad (pictured) at the High Court here will proceed as scheduled, beginning Oct 7.
KUALA LUMPUR (Aug 28): IGB Bhd’s net profit for the second quarter ended June 30, 2019 (2QFY19) fell 20% to RM32.
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
KUALA LUMPUR (Aug 15): Damansara Realty Bhd recorded improved second quarter earnings, thanks to lower operating expenses and contribution from its joint venture (JV) development in Central Park, Johor Bahru.
KUALA LUMPUR (Aug 14): Axis Real Estate Investment Trust is planning to acquire two industrial properties for a total of RM55.
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