MALAYSIA PROPERY Capital Gains Tax Reintroduced
Category:
Real estate, Posted:29 Dec 2009 | 06:00 am
Property developers are up in arms back of the 5% capital gains tax for property to be reintroduced in 2010. The controversial tax was repealed in April 2007 back of measures to stimulate the economy.
Back of a large outcry from the private sector the new tax will only be applied to property investments made within 5 years from purchase to address speculation concerns.
Real estate in Malaysia has been gaining in popularity with overseas investors especially from Singapore and Hong Kong as bank debt is available and attractive rental yields in CBD markets such as Kuala Lumpur.
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Siam Piwat Takes the ICONSIAM Playbook to Phuket With THB10 Billion ICONPHUKET
Category: , Posted:05 Oct 2026 | 11:03 am Siam Piwat has unveiled ICONPHUKET, a THB10 billion hybrid retail, attraction and entertainment destination scheduled to open in 2029. Announced on 5 October 2026, the project is the group’s first major expansion beyond Bangkok. There, its portfolio includes Siam Paragon, Siam Center and Siam Discovery, and it jointly owns ICONSIAM and Siam Premium Outlets Bangkok. […]Read more
