REHDA concerned over impact of tax on housing affordability

The Real Estate And Housing Developers' Association (REHDA) is concerned over the impact of the impending goods and services tax (GST) on the affordability of housing in Malaysia. It's immediate past president and patron, Datuk Ng Seing Liong said that REHDA has submitted a list of proposals to the finance ministry on possible ways to minimise the impact of the GST so as not to put "property developers and ultimately housebuyers at a major disadvantage.