Minister: Govt to study proposal on imposing vacancy tax for unsold luxury condos in Klang Valley | Malay Mail

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Minister: Govt to study proposal on imposing vacancy tax for unsold luxury condos in Klang Valley

Thursday, 13 Aug 2020 11:48 AM MYTEdmund earlier said there were 2,260 unsold condominium units within the Klang Valley, of which 498 comprised luxury units worth RM1 million and above. — Photo by Choo Choy May

Edmund said this in Parliament when answering Datuk Hasanuddin Mohd Yunus on whether the government will be imposing similar tax practices as seen in several other major cities around the world such as Vancouver in Canada and Melbourne in Australia.

 

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