Apr 7 2016, 11:07 AM
QUOTE(comme_play @ Apr 7 2016, 11:01 AM)
I'm just concerned whether our government really have the money to cover for such purpose 
Aren't their pockets running low now that oil export income is being squeezed? Imagine subsidizing 10000 purchases x RM30000 would work out a RM300mil bill in total. Hope only genuine target group is benefited from this initiative but as usual most likely will be abused by investors and developers.
My thoughts would be:
- If you have plans to purchase a property below 500k better act now because the government may pull this policy back in the next budget/scale down the amount and percentage.
didnt read how it works. Aren't their pockets running low now that oil export income is being squeezed? Imagine subsidizing 10000 purchases x RM30000 would work out a RM300mil bill in total. Hope only genuine target group is benefited from this initiative but as usual most likely will be abused by investors and developers.My thoughts would be:
- If you have plans to purchase a property below 500k better act now because the government may pull this policy back in the next budget/scale down the amount and percentage.
im just guessing but i think those rm30k might goes as tax contra to developer.
btw can you share where to read more on this.
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