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A total of 9,665 Malaysians have been barred from leaving the country for failing to settle their Real Property Gains Tax (RPGT) with arrears amounting to RM150 million, the Inland Revenue Board (LHDN) said. In a statement, LHDN said that the travel restrictions were also imposed on 116,836 Malaysians who... Read more
Budget 2019: What experts say (so far)
SOME EARLY RESPONDENTS WEIGH IN ON THE IMPACT OF THE 2019 FISCAL PLAN BY Zoe Phoon FXTM’s Global Head of Currency Strategy & Market Research Jameel Ahmad, in a note to Property360, said some elements of the budget statement are representative of the challenges many emerging markets are facing today.... Read more
Budget 2019: What’s in it for property?
SOLUTIONS IN SIGHT FOR HOME SEEKERS WHO HAVE LONG BEEN WAITING IN THE WINGS BY Zoe Phoon Finance Minister Lim Guan Eng tabled the Pakatan Harapan government’s inaugural budget in Parliament on Nov 2. This is the first federal spending plan by a new administration after 61 years following the... Read more
Rakyat’s plea for affordable housing continues
BY Roznah Abdul Jabbar The government has never failed to introduce new measures in the national budget every year to help the rakyat own a home, but the people’s plea for affordable housing continues. For Budget 2017, their suggestions for the low- and mid-income groups, especially first-time homebuyers, were found... Read more
Making housing affordable to the rakyat
BY The National House Buyers Association The National House Buyers Association (HBA) acknowledges the challenges faced by the prime minister in tabling Budget 2017 in view of the slowdown in the global and regional economies and steep drop of the ringgit. HBA’s wish list to stem excessive speculation in the property sector that had caused the unbridled... Read more
Slow growth is still growth
  BY Chris Prasad KUALA LUMPUR – A marked downtrend in market activity over the past two years has had a substantial impact on the property sector, but despite the subdued market performance and a noticeable drop in transactions, residential property prices have continued to rise – albeit at a... Read more
10 reasons why you shouldn’t be left out of the real estate game
BY Chris Prasad  Yes, it is expensive. Yes, rising prices are putting it far beyond reasonable reach. And yes, in the current economic climate, it may seem like too big a risk. Yet, those who have benefited from the spoils of a sound property investment swear that it is still a... Read more
No shying away from GST impact
By Dr Daniele Gambero Amidst the hue and cry, the Goods and Services Tax (GST) took off. Still in its infancy, the full impact has yet to be seen though some have started feeling the pinch and are beginning to tighten their belts. In the property market, developers are pre-empting... Read more