ABCs of Property Investment
100% stamp duty exemption for first-time homebuyers
Yes, this is definitely good news for many potential homebuyers. Not sure how many first time homebuyers were waiting for this extra savings when they buy their very first property. This was just announced by Prime Minister Datuk Seri Ismail Sabri Yaakob yesterday. Please note that this is only for properties priced RM500,000 and below only. Meanwhile if the property is between RM500,001 and RM1,000,000 then they will get 50% off their stamp duty. This will be valid until December 2023.
