[quote=bearbearwong,Jan 17 2014, 03:40 PM]
[quote=Rabel,Jan 17 2014, 03:29 PM]
Pls be reminded that the stamp duty of property transaction is one of the main income for government.
U r right government try to cooling down the property n is not a joke but pls study the figure of government income from property stamp duty.
How to cool down the property market but still can maintain the income from stamp duty is the main reason of the government to change policy.
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Ooo another echo hill owner..
2 of the cooling measures vs 1 RPGT 30%... 1 of them bars foreigners like singaporean to buy.. less transaction less stamp duties lehh.. dat RPGT increase cannot compensated for non transaction.. right.. the removal of DIBS surely many low end players cant buy for malaysian citizens .. the rich will go on and sapu..
2 measures cut revenues instantly lehh . Dat RPGT increase can never compensate this wat.. if you trying to say it push up the prop to 1 million.. singapirean buy to stay or invest? if they buy 1 million and hoping malaysians to buy back... malaysian really many cant afford our own price wat more singaporean flipped price.. your bringing this to another level lehh
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First, FYI I not buying the house in Ecohill but I still commend tis township will be very potential in future if they got holding power.