How RPGT, DIBS And GST Affect You And Your Property [Infographic]
On 25 October 2013, Malaysia’s Prime Minister, Datuk Seri Najib Tun Razak announced the changes that affect property buyers and investors in Malaysia in Budget 2014. The changes include significant increment in the real property gains tax (RPGT) and the abolishment of Developer Interest Bearing Scheme (DIBS). The measures were taken in order to combat increasing housing prices, especially in the urban areas, that is now affecting the Malaysian populace.
In this infographic, iMoney explains what RPGT, DIBS and GST are and how they affect all home buyers and investors in Malaysia from here on.