Malaysian property sales seen declining after GST


PETALING JAYA: Property transactions are expected to decline by about 10%, with house prices remaining flattish or rising slightly by 3% to 5% upon the implementation of the goods and services tax (GST) on building materials, research house JF Apex Research said.

The imposition of the 6% GST will start on April 1 this year.

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Business , Property , JF Apex , CIMB , gst , tax , decline , shares , stocks , market

   

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