News about tax

PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors.

KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.

KUALA LUMPUR (Jan 8): It looks to be another challenging year for the property market, especially the residential sector.

With rising property prices, many can only afford to rent a place to stay in nowadays.

Sunway Bhd has retained its top spot in the overall ranking of The Edge Malaysia Top Property Developers Awards for the second year running.

DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.

Real estate investors in Malaysia are very alert to any change in Real Property Gains Tax (RPGT), especially during October, when the national budget is tabled in parliament.

We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.

PETALING JAYA (October 21): Despite the slowdown in the property market, there are no fire sales on the secondary market because of the strong holding power of Malaysian buyers, said Stephen Yew, executive director of The One Property International Sdn Bhd.

KELANA JAYA (Sept 11): Weak consumer and industry sentiment is expected to continue slowing the property market in the second half of the year (2H2015), said the Real Estate and Housing Developers Association of Malaysia (Rehda).