Finance Ministry: First-time house buyers to continue enjoying stamp duty exemption

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KUALA LUMPUR, June 9 — First-time house buyers will continue to enjoy a 100 per cent stamp duty exemption for purchases not exceeding RM500,000 via the Malaysian Home...

KUALA LUMPUR, June 9 — First-time house buyers will continue to enjoy a 100 per cent stamp duty exemption for purchases not exceeding RM500,000 via the Malaysian Home Ownership Initiative as provided for under Budget 2023, said the Finance Ministry .

“This stamp duty exemption applies to sale and purchase agreements executed from June 1, 2022, until Dec 31, 2023,” the ministry said in a statement today.

 

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