Editor's Pick

Budget 2025: HBA’s perspective

The National House Buyers Association (HBA) views the incentives announced in Budget 2025 on affordable housing and homeownership with high optimism and anticipation.

DONE DEAL: Factory, Meranti Puchong Industrial Park, Puchong, Selangor

Noteworthy:

  • Leasehold
  • Built-up size: 7,233 sq ft
  • Unfurnished
  • Nearby amenities: MRT 16 Sierra, MRT Cyberjaya City Centre, Taylor’s International School Puchong, residential communities, small businesses, and F&B outlets
  • Accessibility: Putrajaya-Cyberjaya Expressway, ELITE (Putrajaya Link), LDP, Kesas, NPE, SKVE

When: June 2024

Inheritance tax will be a burden to family’s heirs, says REHDA

An inheritance tax will only be a burden to the family’s heirs, and particularly stifling to lower income or middle-class children of well-to-do parents who would have to bear the possibly excessive tax they are suddenly ladened with due to the property they inherited.

DONE DEAL: Condo unit, Seni Mont Kiara, Mont'Kiara, Kuala Lumpur

Noteworthy:

  • Freehold
  • Built-up size: 8,880 sq ft
  • Floor level: penthouse
  • 7 bedrooms, 6 bathrooms
  • Semi-furnished
  • Nearby amenities: 1 Mont Kiara, Sunway 163 Mall, Mont’Kiara International School, Publika Shopping Gallery, Malaysian International Trade & Exhibition Centre (MITEC)
  • Accessibility: Jalan Duta-Sungai Buloh Highway, SPRINT Penchala and Kerinchi Link, NKVE, DUKE, Jalan Tuanku Abdul Halim

When: March 2024

Inheritance tax ‘could help reduce wealth inequality’?

The issue of inheritance tax has recently resurfaced when it was reported as one the proposals by “some financial analysts” for the upcoming Budget 2025. The purpose cited by the so-called expert was to “prevent the accumulation of unproductive wealth in families; which could help reduce wealth inequality”. And as with all taxes, it would of course, as claimed, be helpful in broadening the tax base and boosting government revenue. 

Malaysia's TOD challenge: Bridging the policy gap

A comprehensive and progressive approach to urban planning will be the cornerstone of the National Planning Congress (NPC) 2024, as stakeholders gather to discuss innovative solutions for Malaysia's rapidly growing cities.