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Thursday, November 7, 2013

Imminent GST implementation to leave nominal impact on property prices

If you look at it in general, to obtain the properties, it would take at least three years from the signing of the sales and purchase agreements to the completion of the project. Most of the people who really invest, they would not sell so soon but speculators do. So even with the slight increase in RPGT rate, it would not really affect the property market per se.

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