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RPGT will be implemented, says Husni

PUTRAJAYA: The government will implement the real property gains tax (RPGT) as scheduled on Jan 1, 2010, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

UOA REIT to acquire 16 office suites for RM14.56 million

KUALA LUMPUR: UOA Real Estate Investment Trust (UOA REIT) on Nov 6 announced its proposed acquisition of office suites within UOA II in Jalan Pinang, Kuala Lumpur from Instant Yield Sdn Bhd for RM14.56 million.

Colliers: No immediate need to cool China property market

SHANGHAI: Recent domestic and international market developments have sparked fears of a reversal to policy tightening in the China property market but Colliers International does not see the government withdrawing all concessions upon their expiry next month.