Vacancy tax a bad idea – HBA

Imposing a vacancy tax on developers on these properties will not in any way help to resolve the problem and will only result in new houses being more expensive as developers will pass on the cost of any additional taxes to future launches.

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There is such a thing as 'vacancy allowance'?

KUALA LUMPUR: Kuala Lumpur City Hall (DBKL) “reminded” owners that they can receive a “vacancy allowance” if their properties have not been able to get tenants over a certain amount of time, FMT News reported today.

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