WITH flagging residential sales, Malaysia's property market would be dealt a crushing blow should overly drastic tightening measures including upfront buyer and seller stamp duties be introduced in Budget 2014, said a stockbroker.
One-size-fits-all measures will not work to curb spiralling prices but more targeted moves might, HwangDBSVickers said in a sector report ahead of the tabling of the Budget next Friday.
Its analyst, Yee Mei Hui, reckons that raising the real property gains tax (RPGT) and...