Hello everyone,

I am writing to inquire about the first home buyer for stamp duty exemption for properties valued between 500k to 1 million. As per the budget 2023, it has been announced that 75% of the stamp duty will be exempted for properties within this range.

However, I have checked the stamp duty website and so far, there has been no gazette released on this matter. As a first home buyer, I am wondering if there are any stamp duty exemptions currently available for me if I were to purchase a residential property now.

I would appreciate any information or insights on this matter. Thank you.

As of now, there is only stamp duty exemption for residential property valued rm500k and below for first time home buyer.

Yes, you are right, no gazette yet so nothing can be done, if gazette released then you can refer back to the lawyer for the exemption

Waiting for it tho

So for now I just need to pay the Stamp Duty right? Once the gazette out then only I apply for refund?

I remember the budget speech 2023 mention that the residential property valued 500k-1million the stamp duty exemption rate increase from 50% to 75%?

Then the initial 50% stamp duty exemption for property valued 500k-1million also no gazette release?

ya, that's what I know when I asked my lawyer. now only the below 500k gazette, so for those 500k-1mil all have to wait

No gazette at all for all

wonder what’s happening to the plan lol.. i’m also waiting for some good news

I got ask my lawyer cuz i first time bought a property and entitled for the 75% but it's service apartments.
This is wat she answered.
Service apartments don’t satisfy the criteria. Only housing accommodations allowed.
i not sure how true is this but oh well,if lawyer not telling the true then god bless her.
But as far i know, latest budget 2023 stamp duty tnc macam not yet out eh..waiting update.

This post has been edited by Dyson Jin: Apr 28 2023, 11:47 AM

I'm actually also looking for the answer but can't really find it. So far, most mentioned service apartment is not eligible. But, what does this statement below means? Can try? https://www.lowpartners.com/faq-latest-stam...xemption-order/

Yesterday got out statement about this but can't find the gazette yet. 🤔

Do you have any info?

Its out but anyone has any idea where to find the imiliki projects, i checked on kpkt website but none

It starts on 1 June 2022? Means whatever property purchased between that period can get a refund?

Not whatever property. Property mentioned must be registered under Home Ownership Programme. Yes, you can ask your lawyer to proceed for refund from LHDN if duty stamped paid but make sure you hit all criteria in the gazette.

Means subsale is not eligible right?

Yes, not eligible.

Lelong eligible?

Nope.

Residential property, meaning service apartment is not entitle?