Property stamp duty exemption in year 2021
Updated: May 16, 2021
First-time buyers are exempt from certain stamp duty charges.
Full stamp duty exemption will be given to both instrument of transfer and loan agreement for the purchase of a first home worth not more than RM500,000. This exemption will be for the Sale and Purchase Agreement completed between January 2021 to 31 December 2025.
Yup, that means it's full exemption for the stamp duty on both instrument of transfer and loan agreement if your property price is RM500,000 and below!
That's a maximum of RM11,250 savings!