Budget 2022: Rehda says RPGT removal will invigorate property market | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Budget 2022: Rehda says RPGT removal will invigorate property market

KUALA LUMPUR, Oct 30 ― The removal of the Real Property Gains Tax will help invigorate the Malaysian property market and eventually translate into a positive multiplier effect on the economy, according to Malaysia Real Estate and Housing Developers’ Association .

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, when tabling Budget 2020 in the Dewan Rakyat yesterday, said the government will no longer impose the RPGT for property disposals by individual citizens, permanent residents and other companies starting from the sixth year onwards. Soam said the allocation in Budget 2022 will encourage more from the group towards home purchase as they now have easier access to home financing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'The removal of the Real Property Gains Tax (RPGT) will help invigorate the Malaysian property market and eventually translate into a positive multiplier effect on the economy, according to REHDA' what a fucking load of bullshit

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines