Lower real property gains tax to zero, urges Rehda


Rehda believes there will be delays in completion of development projects as construction work has been put on hold due to the movement control order (MCO). — Filepic

JOHOR BARU: The Johor Real Housing Estate and Developers Association (Rehda) has urged the Federal Government to lower real property gains tax (RPGT) to zero percent following the Covid-19 pandemic.

Johor Rehda branch chairman Datuk Steve Chong Yoon On said that reducing the RPGT rates to zero percent for the next one or two years would help the housing sector here.

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.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Metro News

'Snowfall' lifts festive spirits at popular KL mall
Johor farmers, fishermen reap rich bounty
Innovative animal feed made from local moringa leaves
Brewery’s education fund pours into 12 more beneficiaries
Exco: State ready to face drought, enough water resources available
Kg Sungai Burong set to grow with agro tourism
S'gor to expedite post-disaster aid payment for victims
Top student aims to inspire siblings
Thriving agriculture sector expected to see steady growth
Lee commended for hands-on, no-frills approach

Others Also Read