Imposing vacancy tax will be interfering with property market, Putrajaya told

The government plans to impose vacancy tax on properties priced over RM500,000.

“Housing developers in the country are already very regulated. Introducing the vacancy tax will add to the burden and cost of undertaking a property development project,” Tang told FMT. Under the proposed vacancy tax, developers would be required to have a higher paid-up capital before the Advertising Permit and Developer’s Licence can be granted.

Centre for Market Education CEO Carmelo Ferlito said he was especially concerned over the likelihood of infringement of property rights.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Vacancy tax may make property market worse - MipeacReal estate agents urge government to instead look at ways to help developers, who made bad decisions, to sell properties instead of penalising them.
แหล่ง: malaysiakini - 🏆 20. / 51 อ่านเพิ่มเติม »

Vacancy tax could further erode local property market, says real estate body | Malay MailKUALA LUMPUR, Aug 26 — The Malaysian Institute of Professional Estate Agents and Consultants (Mipeac) says it believes the proposed implementation of a vacancy tax is untimely during the current weak property market as it may further erode the sector and the economy. “Mipeac deems such a...
แหล่ง: malaymail - 🏆 1. / 86 อ่านเพิ่มเติม »