Rehda says inheritance tax may result in heirs selling off ancestral homes, wants residential property exempted

Inheritance Tax News

Rehda says inheritance tax may result in heirs selling off ancestral homes, wants residential property exempted
Real Estate And Housing Developers’ Association
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KUALA LUMPUR, Oct 16 – The Real Estate and Housing Developers’ Association (Rehda) has today expressed concern over speculations that inheritance tax may be reintroduced in the...

Man files police report over shooting of Kopi the dog, says Besut council officers only allowed to use firearms for emergency or disease controlReal Estate and Housing Developers’ Association wants residential properties to be exempted from inheritance tax. — Picture by Firdaus LatifKUALA LUMPUR, Oct 16 – The Real Estate and Housing Developers’ Association has today expressed concern over speculations that inheritance tax may be reintroduced in the upcoming Budget 2025.

“Many of the rakyat may avoid other investments with high risk, and would choose property as it is one of the safest investment options for those who can afford it,” its president Datuk Ir Ho Hon Sang said in a statement here. He added that residential properties remain a key investment for Malaysians, given the long-term value appreciation of such assets.

Rehda also noted that Prime Minister Datuk Seri Anwar Ibrahim and Minister of Transport Anthony Loke have both denied that the tax will be reintroduced next year.

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