November 2, 2018 It would make more sense for the government to increase the Real Property Gains Tax (RPGT) rates within the first five years instead of imposing a 5% tax rate for Malaysian individuals after the fifth year, said the Association of Valuers, Property Managers, Estate Agents and Property…

November 2, 2018   The government’s move to increase the Real Property Gains Tax (RPGT) rate might send the wrong signal to the market, which is already “very soft” at the moment, and discourage foreign investments in the country, according to CBRE|WTW managing director Foo Gee Jen. In Budget 2019,…

October 21, 2018 The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen. Foo…