Incentives for Property Sector - Home Ownership Campaign (HOC) and Real Property Gains Tax (RGPT)
The government wants to stimulate the property sector again and it is with this in mind that Home Ownership Campaign (HOC) will be reintroduced while there will also be stamp duty and Real Property Gains Tax (RPGT) exemptions.
As a consumer, make sure that you refer to reliable licensed financial planner to figure out whether or not your current financial standing will be good enough for you to purchase properties during this period. Don’t make a rash decision and regret it later.
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