Asked by Mr. Francis Cheong
Hi,
Good day.
During the Budget 2021 tabling, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz stated that firsttime buyers will be given stamp duty exemptions on the memorandum of transfer documents (MOT)and Loan agreements.
For home priced up to RM500,000, the exemption will apply for the purchase of residential property from 1/1/2021 to 31/12/2025. It was also stated that the SPA must be executed within the stipulated period.
1. Is this still valid?
2. Does this also cover service apartment?
Regards,
Francis Cheong
Good day.
During the Budget 2021 tabling, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz stated that firsttime buyers will be given stamp duty exemptions on the memorandum of transfer documents (MOT)and Loan agreements.
For home priced up to RM500,000, the exemption will apply for the purchase of residential property from 1/1/2021 to 31/12/2025. It was also stated that the SPA must be executed within the stipulated period.
1. Is this still valid?
2. Does this also cover service apartment?
Regards,
Francis Cheong
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