PROPERTY NEWS


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#WestMalaysia
SST Exemption Not Expected to Do Much to Correct Property Imbalance
The Sales and Services Tax exemption on construction materials is not expected to lead to big enough savings that would be meaningful to buyers. On Sept...
clock 11-10-2018

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#BankingInvestment
We May Have to Come Up With New Taxes, Says Dr M
Putrajaya may need to devise new taxes in order to pay off the country's huge debts, according to Prime Minister Dr Mahathir Mohamad. He said there had ...
clock 10-10-2018

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#filipino
No Travel Tax for Sabah-Bound Filipino Tourists
Filipino holidaymakers, businessmen and the public at large wishing to visit Sabah via the weekly Zamboanga-Sandakan ferry service no longer have to pay th...
clock 09-10-2018

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#WestMalaysia
Lim: 'We Want All Developers to Reduce Prices'
Finance Minister Lim Guan Eng would like to see a drop in residential prices with the exemption of the Sale & Service Tax (SST) on construction services. ...
clock 24-09-2018

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#WestMalaysia
Sime Darby Property to Launch 1,500 New Units After GST Scrapped
After the Goods and Services Tax (GST) was abolished, Sime Darby Property Bhd is optimistic in launching 1,500 units of properties this year with a combine...
clock 29-08-2018

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#WestMalaysia
Construction Materials and Services Will Be SST Exempted
In a bid to reduce prices of commercial, industrial and residential buildings, the federal government has decided to exempt all construction materials and ...
clock 15-08-2018

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#EastMalaysia
Airbnb Offers to Collect Tourism Tax
Airbnb has offered to collect tourism tax on behalf of its listed members despite no formal decision by the government over the matter. According to the...
clock 19h ago

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#pan
80% of Pan Borneo Highway Follows Old Route and Costly
About 80 percent of the Pan Borneo Highway Project follows the old route which effectively increases the cost of the project, said Elopura assemblyman Calv...
clock 31-07-2018

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#WestMalaysia
Getting to Know the Difference Between SST and GST
There has been plenty of talks recently in relation to the Goods and Services Tax (GST) and the Sales and Service Tax (SST) and what the impact of each is ...
clock 20-07-2018

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#EastMalaysia
Government Will Review Tourism Tax
The government will review the need to retain the tourism tax to ensure that it would not affect tourist arrivals to the country, said Tourism, Arts and Cu...
clock 05-07-2018

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#WestMalaysia
SST Should Start at Affordable Rate, Below 10 Percent
The Bumiputera Retailers Organisation (BRO) Treasurer Mustakim Manaf has echoed the organisation's vice president Datuk Wira Ameer Ali Mydin's suggestion t...
clock 18-06-2018

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#new
New Zealand to Tax Tourists to Fund Infrastructure
New Zealand announced plans to introduce a tourist tax and increase other fees for international visitors to fund infrastructure development in the face of...
clock 16-06-2018

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#WestMalaysia
MAH Highlights Need to Scrap Tourism Tax, Regulate Airbnb
The Malaysian Association of Hotels has urged the government to scrap the tourism tax and regulate the Airbnb service. It's president Cheah Swee Hee sai...
clock 12-06-2018

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#EastMalaysia
Tax-Free Status Sees Sarawak Hotels Offering Lower Room Rates
With the gap between the end of goods and services tax (GST) and the implementation of sales and services tax (SST), more people are expected to check in a...
clock 07-06-2018

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#WestMalaysia
Rough Seas Ahead for Property Developers
KUALA LUMPUR: It is still rough seas ahead for property developers even with the abolishment of the Goods and Services Tax (GST). Kenanga Investment Ban...
clock 07-06-2018

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#WestMalaysia
SP Setia Expects a Revival in Property Market
JOHOR BAHRU: The country's property market, which has been on a downtrend over the past three years, is expected to return to growth following the implemen...
clock 06-06-2018

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#WestMalaysia
Dr M: SST to Be Reintroduced in September
PUTRAJAYA: The Sales and Services Tax (SST) will be reintroduced in September, says Prime Minister Tun Dr Mahathir Mohamad. He was speaking at a press b...
clock 30-05-2018

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#WestMalaysia
Confidence Building Up, Says Savills
THERE will be renewed confidence in the local property market with the expected rise in demand for properties across the board as the new government promis...
clock 25-05-2018

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#EastMalaysia
Abolishment of Tourism Tax Would Bring Great Boost
The Sabah Hotel Association (SHA) said the abolishment of the tourism tax (TTx) would definitely give a great boost to the local tourism industry. Its a...
clock 25-05-2018

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#WestMalaysia
GST Zero-Rated: A Smart Move by the New
Property consultants calls the zero-rating of Goods and Service Tax (GST) from next month a smart move for the new government as it will encourage property...
clock 24-05-2018



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