Hasan: Local authorities will not be allowed to increase property tax in Negeri Sembilan

The Menteri Besar of Negeri Sembilan said that the state government will not allow the local authorities to increase the property assessment tax this year, reported Bernama. “This is the eight year where the state government had not allowed for the increase in the tax rates, despite the real estate value growth in certain areas,” said … Read more

Malaysia Budget 2016 – Part 2

National House Buyers Association (HBA) president, Chang Kim Loong, raises more concerns and issues pertaining property, some which were not taken up in 2016 year’s budget. Pleased by the fact that the government has looked into curbing measures which it implemented in the 2014 budget like increase in RPGT (Exit Costs), LTV and prohibition of … Read more