Finance Ministry: Houses up to 10% cheaper with SST exemption

Published on 30 Oct 2018 10:17:29 PM

The cost of new homes are expected to decrease between five and 10 percent following the Sales and Services tax or SST exemption on construction services and building materials.

Finance Minister Lim Guan Eng said on Tuesday that they hope to boost the real estate sector, and see a fall in new house prices in turn.