Sin Chew Daily |
On 1 July 2025, Malaysia saw the latest fiscal amendment come into effect with the expansion of the Sales Tax and Service Tax (SST).
As outlined by the Ministry of Finance, this reform aims to increase government revenue and broaden the national tax base without placing an undue burden on the majority of Malaysians and is regarded as a key step toward strengthening the country’s financial position. While efforts have been made to shield the general public from direct impact, the changes have raised concerns across various industries - including the property sector.