Tag: GST cause property price increase
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6% GST but property prices up 6.2%
In a local English daily, it was reported that REHDA President, Datuk Seri Fateh Iskandar Mohamed Mansor announcing that as soon as Goods and Services Tax (GST) starts, it will push property prices up by 6.2%. This is due to the tax being applicable to some building materials. This is indeed a bold prediction. Is…