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MALAYSIA PROPERY Capital Gains Tax Reintroduced

Category: Real estate, Posted:29 Dec 2009 | 06:00 am

Property developers are up in arms back of the 5% capital gains tax for property to be reintroduced in 2010. The controversial tax was repealed in April 2007 back of measures to stimulate the economy.
Back of a large outcry from the private sector the new tax will only be applied to property investments made within 5 years from purchase to address speculation concerns.
Real estate in Malaysia has been gaining in popularity with overseas investors especially from Singapore and Hong Kong as bank debt is available and attractive rental yields in CBD markets such as Kuala Lumpur.

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Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
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The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
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Phuket Hotels Association Charity Online Auction Now Open

Category: Hotels|Tourism, Posted:28 Apr 2024 | 09:14 am The Phuket Hotels Association’s absolutely fabulous charity travel sale is now open. This annual event continues to grow with amazing travel stays and other prizes not only in Phuket, but across the region and the world. New items are continuing to be added so check back often. All proceeds go to support over 20 full-time […]
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