... lets say a house bought in the 1960's at 3k
now it worth 1m lah...
if sell have to pay 50k as tax ka ?

thx for sharing.
i read this a few times i find it hard to understand... due to my education bground..

can pls digest for me ka ? thx in advance...

can flip once in a lifetime means ?
what happen to the people who have many property to sell ?
taxable, if transfer by will or inheritance ?
the 5% tax will apply no matter how old the property ?

guys need advise ....

im planning to buy a cheap flat (bank auction) @ rawang cost 10-30k
do i have to pay any of this new taxes if buy within this year ?
should i buy it this year or next year ?

thx in advance...

i guess ... the gmon know the majority people who play property.... are making $$$
this decision is made for long term as they wan people to buy the gmon build home. (2020)
gmon implement RPGT for flippers, so when you flip...gmon can enjoy some flop.

help the poor how ?

sellers/flipers will include the tax in for buyer to absorb.
if dont start flipping & making money, we only end up buying (you know what)
property is the only way you score big, if you on the right track.

as i know they never help any poor before except their servants.
(got house, land, farm, car. etc) what ever happen, their servants always cukup makan wan.

they will help the poor by selling their own project (like alam prima) as their prices is not cheap also.

the rich can afford to buy hi-end property,
got chance they will also sapu the middle or low end wan.

soon here might be like hong kong, many ppl will Q like crazy, 1 fella go in buy the whole lot ... will this happen ?