Budget 2015 has finally over. For me it has no surprise just like last year. Generally I don't get anything negative for property sector.
Some of the announcement that caught my attention:
- RON95 exempted from GST
Great. Just hope there is no further price raise in the next one year
- Personal and corporate income tax reduction
Good for taxpayers. Better profit for corporates?
- Mega projects such as WCE, MRT2, LRT3
Protasco's DeCentrum development is near a proposed MRT2 station
- ETS from Butterworth to Ipoh from April 2015
Tambun Indah's Pearl City has a new KTM station
- New hospital in Bandar Seri Iskandar
Huayang's BUSI (400 acres undeveloped) will get a hospital
- Easier first home ownership
Should be good to developers who build affordable homes
Raising and decreasing in the price of fuel is very common, it can be raise anytime and can be decline any time, budget don't have anything for it as per the Epic research.
ReplyDelete