News about real property gains tax

PETALING JAYA (Oct 29): Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong (pictured) says the Budget2022 will bring only minimal impact to the property market.

PETALING JAYA (Oct 29): CBRE | WTW group managing director Foo Gee Jen (pictured) maintained a neutral outlook for the real estate industry in light of the tabling of Budget 2022 today.

PETALING JAYA (Oct 29): Real Estate and Housing Developers’ Association Malaysia (REHDA) lauded the government’s proposal to waive real property gains tax (RPGT) for properties sold on the sixth year onwards in the Budget 2022 announcement today.

KUALA LUMPUR (Oct 29): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2022 today.

KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.

PETALING JAYA (April 17): The effect of property cooling measures imposed since 2014 has been "too effective" and it is perhaps time to remove them, said Real Estate and Housing Developers’ Association (Rehda) president , said Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon.

KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.

PETALING JAYA (March 31): The  Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA).

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.

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.