The 5% real property gains tax or RPGT from the disposal of all real estate unveiled in Budget 2010 on Oct 23 did not go down well with many property players and investors. Nevertheless, it was against this backdrop that S P Setia Bhd decided to proceed with two scheduled launches Brio Tower serviced apartments in Setia Walk, Puchong and Phase 8B of Setia Eco Park, Shah Alam on Oct 31.
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