/// East Malaysia Property News
Youth Can Forget About
Owning a Decent House in a
Years Time
National DAPSY Publicity
Secretary Junz Wong told
BN Federal Government
to consider the younger
generations before
implementing GST.
Junz said it was
disappointing that BN has
once again overlooked
on the difficulties of
Rakyat living especially the
younger generations.
Junz claimed that If GST
was imposed on houses,
lands and cars, then
young generations could
forget about owning a
decent house after April
2015.
ACCUMULATED CHAIN
REACTION of GST on
prices of houses :Raw materials procured
from importers, port &
forwarding services will
be taxed.
Suppliers selling the
processed materials to
developers will be taxed.
Transportation costs to
deliver these materials
will be taxed.
Developers buying lands
will be taxed.
“Not to mention other
extra burden our citizens
will have to fork out
such as telephones bills,
electricity bills, streamyx
internet bills, normal
household items etc
How can our younger
generations afford a
house by 2015?” Junz
asked.
SABAHAN FURTHER
DISCRIMINATED BY GST
Junz Wong who is also
DAP Sabah Organizing
Secretary said Sabahans
would be most badly
affected.
“Sabah is arguably the
poorest state with low
income but extremely
expensive cost of living
and overpriced houses.
With GST Sabahans would
be paying more tax than
any Malaysians outside
Sabah because our goods
in general are more
expensive than theirs.”
Junz explained.
GST is a policy which will
only further discriminate
and marginalize
Sabahans, Junz
concluded.
Developer will use all the
(already taxed) materials
to build houses on the
(taxed) land and houses
sold will be taxed again.
At the end of the day, all
the related players will
not earn less profits by
the newly implemented
GST and thus all burdens
will be passed down to
the end users which are
the house buyers.
The house buyers are
our struggling Mala \