Under budget 2012, The Honorable Prime Minister  had announced that with effect from 1 January 2012, chargeable gains from the disposal of real properties are as follow:

  • sold within 2 years = RPGT 10%
  • sold above 2 years and below 5 years = RPGT 5%
  • held more than 5 years will be exempted from the Real Property Gains Tax (RPGT)

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