Stamp duty exemption be given on instrument or transfer of ownership and loan agreement for acquisition of first residential property not exceeding RM300,000 by Malaysian citizens
For acquisition of first residential property exceeding RM300,000 up to RM500,000, stamp duty exemption be given on instrument of transfer of ownership and loan agreement but limited to first RM300,000 of the value of the property with the remaining value subject to the prevailing rate of stamp duty.
|