This MWKA Online Talk was delivered on 15 July 2020 by Ms Sarah Kambali & Mr Marcus Leong and moderated by Ms Anis Mohd Sohaimi. Please visit https://mahwengkwai.com/talks-signup/ to register for upcoming talks.
On 5 June 2020, the Prime Minister of Malaysia announced the recovery plan for the country’s economy: PENJANA Short-Term Economic Recovery Plan (ERP). PENJANA includes plans to stimulate the economy with incentives for real estate transactions. These include financial relief for home buyers. Our speakers will explain the mechanics of the two tax exemptions granted in real estate transactions.
- Property market outlook for 2020/2021
- Real Property Gains Tax (RPGT) – relief for residential sellers
- Home Ownership Campaign (HOC) – its re-introduction and mechanics
- Waiving the 70% margin loan limit during HOC
Speakers: Sarah Kambali (Partner) & Marcus Leong (Associate)
Moderator: Anis Mohd Sohaimi (Associate)
A copy of the talk slides in PDF format is available for download here.