Boontonglau small

Any idea ?

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The pricing will increase due to commercial title property will be subjected to GST..however, this question also always come with do you have budget for your investment ? Personally, I suggest just buy it after GST, do not rush for it as the implementation of GST also coming really soon. It won't have so much impacts whether you buy before or after. Research for the good and right property, so no matter what also keep you earning :)

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If you are buying a commercial property from an individual (who also owned a business income of > RM500,000 per annum), it's recommend to buy before GST. As you will need to pay 6% GST upon GST regime kick off on 1st April'15. Say a shoplot selling RM1 million now, after GST you will have to pay RM1,060,000.

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Definitely BEFORE GST!

Boontonglau small

Thanks, my friends. :)

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@Magdelin Thanks for the latest info. Best i still think buy before GST as goverment keep changing the in GST rules

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@Jae_Jun, ya but GST is in 2 weeks time! :D

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@Mag thanks for the latest info

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So is it better to buy commercial property under private ownership or under company ownership?

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If you looking for a commercial property, better buy it before GST. After GST, you still can own any commercial property without GST. Some of the developer will bear the GST for their buyer also.

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Don't forget the GST rate in Malaysia is not fixed at 6% forever. It will be revised if deem necessary.

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Well, hopefully not anytime soon.....

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Fingers crossed... today is the Malaysian Budget 2017 unveiling day!

 

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Good news GST remain unchanged...for now. Commercial Property still subjected to GST after budget announcement right? :^)

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