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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

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

   

Next In Business News

Companies that might be affected by Trump's promised tariffs
PETRONAS Dagangan share price surges on strong 3Q net profit
Ringgit opens lower against US$ as DXY rebounds
FBM KLCI continues to see upside momentum
Trading ideas: IJM, RHB, MR DIY, Haily, Infomina, Radium, Key Asic, TMK, TopVision, KPJ, PetDag, KLCCP, SP Setia, IOI Prop, MPI
Oil falls more than US$2 a barrel on possible Middle East peace deal
Wall St closes higher; small-caps hit record high after Trump nominates Bessent
Chinese electric vehicle brands are spreading to Azerbaijan
Bond market halts run as buyers pounce on 4.5% yields
Murky 2025 for currently strong US dollar

Others Also Read