KUALA LUMPUR (Nov 23): A total of 30,290 units of completed houses worth RM19.
JOHOR BAHRU (Oct 18): The Johor State Government will look for the best method to solve the problem involving more than 70,000 unsold, unoccupied or abandoned houses around the city.
KUALA LUMPUR (Aug 26): Putrajaya’s proposal for a tax on unsold property has been put on the back-burner.
It was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang.
No need for vacancy tax on unsold luxury high-rise homes in Klang Valley for now, says deputy FT minister
KUALA LUMPUR (Aug 13): There is no need to impose vacancy tax on unsold units of luxury high-rise residences in the Klang Valley as the number remains low, said Deputy Federal Territories Minister Datuk Seri Dr Edmund Santhara Kumar.
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.
PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.
KAJANG (Sept 23): Property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H2015, the improved sales performance also signaling a resilient market outlook, according to data from National Property Information Centre (Napic).