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Financial Stamp Duty Exemption, Stamp duty exemption in malaysia

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tf1014
post Apr 18 2023, 07:20 PM

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QUOTE(Vin_92 @ Apr 18 2023, 04:57 PM)
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.
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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
tf1014
post Apr 20 2023, 11:24 AM

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QUOTE(Vin_92 @ Apr 20 2023, 09:45 AM)
So for now I just need to pay the Stamp Duty right? Once the gazette out then only I apply for refund?
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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

 

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