Malaysian Royal Faces Billion-Dollar Tax Hurdle in Singapore Land Sale

A plan by the Johor Regent to sell prime Singapore real estate is complicated by a potential tax liability exceeding $1 billion, casting uncertainty over the transaction.

2 Sept, 23:00 — 2 Sept, 23:00

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bloombergHigh2d ago

Malaysia Johor Regent TMJ’s Plan to Sell Singapore Land Clouded by Huge Tax Bill

A Malaysian royal’s plan to sell a tract of land in the heart of Singapore faces a complication: a tax bill that may exceed $1 billion.

By Low De Wei and Niluksi Koswanage

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Malaysian Royal Faces Billion-Dollar Tax Hurdle in Singapore Land Sale

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Malaysia Johor Regent TMJ’s Plan to Sell Singapore Land Clouded by Huge Tax Bill

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