PM: Stamp duty exemption for first-time owners of homes under RM500k
Prime Minister Ismail Sabri Yaakob today announced a 100 percent stamp duty exemption for first-time homeowners of properties priced RM500,000 and below through the Keluarga Malaysia Home Ownership Initiative (i-Miliki) initiative from June 1, 2022 to December 2023.
He said a stamp duty exemption incentive of 50 percent, meanwhile, will be given for homes priced above RM500,000 to RM1 million.
Ismail Sabri said although the stamp duty exemption would...
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