In response to the people's view on the real property gains tax (RPGT) imposed on disposal of properties by individual citizens and permanent residents after a five-year period, the government will enhance the RPGT treatment by setting the market value on 1 January 2013 as the property acquisition price for properties acquired prior to 1 January 2013 compared to 1 January 2000. 

SHARE
SPONSORED CONTENT
Permata Gemma—premium, low-density, future-ready landed homes in Gombak’s exclusive hillside precinct

All the boxes are ticked: freehold, low-density, future-oriented multi-generational landed residences with a prime address, nestled in a spacious and serene hillside sanctuary.

read more
RELATED POSTS
  1. Property transfers must be reported within 60 days for tax purposes, says IRB
  2. MyCC: Higher conveyancing fees conflict with govt's bid to improve housing affordability
  3. CBRE | WTW: No waivers and mention of MM2H, a neutral Budget for property sector