malaysian property tax

I hadn't heard anything about this, but the Malaysians are introducing a Capital Gains Tax in the budget just released.

Shaun talks about it here.
http://media.bfm.my/assets/files/The%20Property%20Show/2013-11-01-Property-Show-Shaun-DiGregorio.mp3

http://www.kpmg.com/global/en/issuesandinsights/articlespublications/taxnewsflash/pages/malaysia-gst-regime-income-tax-rates-in-2014-budget.aspx
Introduction of a “real property gains tax” at a rate of 0% to 30% for Malaysian citizens and permanent residents and at a rate of 5% to 30% for companies and non-Malaysian citizens

You would expect this has an impact on the Malaysian market for property sales, advertising spend, demand, etc.