{
  "id": 5465156,
  "title": "S$2bil tax bill in S’pore land sale no issue, says TMJ",
  "url": "https://urgent.news/2026/09/04/s-2bil-tax-bill-in-spore-land-sale-no-issue-says-tmj",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-04T01:42:15.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/nation/2026/09/04/s-2bil-tax-bill-in-s-pore-land-sale-no-issue-says-tmj"
  },
  "original_language": "en",
  "account": "Johor regent Tunku Ismail Sultan Ibrahim has dismissed reports that a tax bill of over S$2 billion is hindering the sale of 16.6 hectares of land in Singapore. The land betterment charge, imposed when Singapore grants planning permissions that increase the land's value, was dismissed by Tunku Ismail as a routine expense. He expressed his willingness to pay the amount as part of the deal, stating that it is normal for a regular taxpayer. Tunku Ismail, also known as TMJ, joked that the tax bill should double his contribution. The land in question includes a plot obtained through a land swap with the Singaporean government in 2025. The development plan involves constructing homes, including low-rise housing and mansions known as Good Class Bungalows.",
  "summary": "Tunku Ismail Sultan Ibrahim says he is 'more than happy to contribute to both countries'.",
  "key_points": [
    "Johor regent Tunku Ismail dismisses S$2B tax bill as routine expense",
    "Land betterment charge imposed on 16.6 hectares of Singapore land",
    "TMJ willing to pay tax as part of the development deal"
  ],
  "editors_take": "The tax bill will not be an obstacle to the land sale as TMJ views it as a routine expense and is willing to pay it as part of the deal.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "S$2bil tax bill in S’pore land sale no issue, says TMJ",
        "url": "https://urgent.news/2026/09/04/s-2bil-tax-bill-in-spore-land-sale-no-issue-says-tmj-5467535",
        "published": "2026-09-04T01:42:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}