Arcoris Mont' Kiara, by UEM Sunrise Berhad
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 Nov 1 2013, 01:55 PM
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#1
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Senior Member
1,037 posts Joined: Jul 2009 
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QUOTE(toughgshock @ Nov 1 2013, 11:47 AM) They (income tax dept) said SOHO is considered office, then all progressive billing MAY come with 6% GST. It is still in process.. You talked to the wrong guy. SOHO is under residential; not office (commercial). |
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Nov 1 2013, 06:02 PM
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#2
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Senior Member
1,037 posts Joined: Jul 2009
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QUOTE(toughgshock @ Nov 1 2013, 03:50 PM) This is the confusing part. Arcoris SOHO under residential but paying commercial rate for TNB. Don't understand where the lines are. Since the building will be completed in 2016, therefore some of the progressive payment 'may' be paying GST. residential units are GST-exempted.SOHO is under residential as per Ministry of Housing and Local Government guidelines. that's why you are not able to get 85% loan (commercial loan); only 70% for 3rd loan. |
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