Macro Finance
Malaysia Johor Regent TMJ’s Plan to Sell Singapore Land Clouded by Huge Tax Bill
Bloomberg Markets·September 2, 2026·1 min read
A Malaysian royal's plan to sell land in central Singapore faces a tax bill exceeding $1 billion. Johor Regent TMJ's proposed sale is complicated by the massive levy, potentially derailing the transaction. The tax liability casts uncertainty over the deal's completion.
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