bfm-logo

podcast image

Vacancy Tax, Is That a Solution to Property Oversupply?

11 mins·08:45, 21 Aug 2020
podcast image

Vacancy Tax, Is That a Solution to Property Oversupply?

11 mins
·
08:45, 21 Aug 2020
·

Housing and Local Government Ministry is formulating a tax that could be imposed on developers who fail to sell their properties in an effort to reduce overhang of residential units in the country. The rationale of this is so that developers become more sensible with their projects and not flood the market with particularly high-rise developments. We speak to Sarkunan Subramaniam, Managing Director, Knight Frank Malaysia whether this potential law will achieve its objective.

Presenter: Khoo Hsu Chuang, Wong Shou Ning

Producer: Sim Wie Boon

Share:

Recent episodes

0

Latest stories

story image
Designing Unique Malaysian Board Games
43 mins
story image
Podcasts · Jul 2 · 43 mins
Designing Unique Malaysian Board Games
story image
Finding Soul in Soil
23 mins
story image
Podcasts · Jul 2 · 23 mins
Finding Soul in Soil