Archive for December 2022

PUTRAJAYA: Residential properties in the Federal administrative capital valued at RM300,000 and below will enjoy a 30% reduction on assessment tax beginning Jan 1, 2023. Prime Minister Datuk Seri Anwar Ibrahim said the new amount will be in effect until Putrajaya Corporation has carried out a re-evaluation. Anwar said he was aware of the complaints…

PETALING JAYA: With the economic storm clouds stirring on the horizon, the Malaysian property market which has seen a nascent recovery this year can expect to face challenges in 2023. Although there has been gradual improvement in sentiment with overall transaction prices in the first half (H1) of 2022 recording a higher trend compared to…