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Sales of properties in Malaysia slightly declined in the first half of 2014 despite the high demand due to the cooling measures announced by the government in Budget 2014, says the Real Estate and Housing Developers’ Association (REHDA). Its president Datuk Seri Fateh Iskandar Mohamed Mansor said among the key measures affecting the sales were the 70 per cent loan-to-value ratio, the impending implementation of the Goods and Services Tax and the higher real property gains tax as well as responsible lending guidelines introduced by Bank Negara.
STOCK RECOMMENDATION :
BUY MAXIS BERHAD ABOVE 6.390 TG 6.450, 6.520, 4.620 SL 6.300
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Sales of properties in Malaysia slightly declined in the first half of 2014 despite the high demand due to the cooling measures announced by the government in Budget 2014, says the Real Estate and Housing Developers’ Association (REHDA). Its president Datuk Seri Fateh Iskandar Mohamed Mansor said among the key measures affecting the sales were the 70 per cent loan-to-value ratio, the impending implementation of the Goods and Services Tax and the higher real property gains tax as well as responsible lending guidelines introduced by Bank Negara.
STOCK RECOMMENDATION :
BUY MAXIS BERHAD ABOVE 6.390 TG 6.450, 6.520, 4.620 SL 6.300
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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