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 budget 2010 return of real property gain tax ?, 5% property gain tax from jan 2010

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simplesmile
post Oct 26 2009, 12:17 AM

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QUOTE(gamenoob @ Oct 25 2009, 09:41 PM)
The issues if they have realmoney or not to sustain the holding power has nothing to do with the rpgt. The reduction in selling price on subsale is unlikely to happen because it's only 5%. the sale out will only happen if blr goes up by 2-3%. On want basis will u think the govt want to Jack up the blr and create a meltdown? That would be one serious fatal move. And with ur loan agreement signed with reduction of 2.x% that give a lot of investor holding power.
So I reiterate the sale out or meltdown will not happen with rpgt. So ur mooted points can be ignored as u wanted. Intact brace urself for a higher subsale price. Those seller dupe into quick sale are fools who did not know what they doing. Investor like this always exist. Ill informed and misguided.
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Actually it is not impossible. When inflation hits, BNM will not hesitate to increase the BLR.

 

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