there's always a way to get around this new rulling.... ;p
budget 2010 return of real property gain tax ?, 5% property gain tax from jan 2010
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 Oct 23 2009, 08:57 PM
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#1
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3,318 posts Joined: Dec 2004 From: 1Malaysia   
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Oct 23 2009, 10:33 PM
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#2
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3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(sam0919 @ Oct 23 2009, 09:36 PM) year 2004 bought @ RM 250k That should be correct. Altho Im not sure if they allow you to deduct interest cost into the calculation as well.... year 2009 sold it @ RM 350k Gain = RM 100k Tax 5% x 100k = 5k ?    |
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Oct 26 2009, 03:09 PM
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#3
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3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(zzzz52 @ Oct 26 2009, 02:05 PM) I'm all against the easier credit available. It has it precedence over at other country. It may not encourage the investor, but it will make alot of houses more affordable. "Affordability" IMO goes hand in hand with credit availability. Tougher credit policy will not make houses more affordable, in fact its the opposite as ppl need to wait a lot longer before they could be able to afford a home. Jakarta houses is a great example whereby house are more expensive (both rental and selling price)than KL but credit availability is much2 tighter. Affordability == easeness of getting credit  |
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Oct 27 2009, 10:37 AM
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#4
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3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(zzzz52 @ Oct 26 2009, 03:13 PM) That is the false assumption that we are made to believe. Affordability is not only dependable on credit, there are many factors involved. I didnt say that affordability depends solely depends on credit availability. Its a key factor though........whether u like it or not. Im not an economist, can you pls explain to us how does slashing MOF to 70% and 80% will increase affordability?  |
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