We know that GST has impact on property price.
Imho, GST will not be implemented in Malaysia before next election due to political reason.

Here are some points need to consider:-

1). Assume GST implementation is announced in Year 2014 Budget (25/10/2013, budget day).
2). Debating, 2nd and 3rd reading, pass the bill...it will be finalised in March 2014.
3). From the Custom webside, it needs 18 months to 24 months to implement after passing the bill
4). Take 18 months preparation and education to the public, it will be around Oct Year 2015. Therefore, the probable date to implement is 1/1/2016
5). 1/1/2016 is too close to Year 2018(election year), so the gov't may discard the implementation of GST b/4 next election.

This post has been edited by Denis: Jul 27 2013, 08:38 AM