stamp duty

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5 Must Know Costs When Buying a Property in Malaysia

Whenever a buyer is ready to commit to a property, the buyer would usually ask, “Is there any additional costs I should prepare for?” When buying a property, it is not just about the booking fee (be it RM500, RM1,000, or more), or the earnest deposit (2% or 3% of the purchase price). What is often overlooked are the additional costs which you need to or may want to know. So, if it’s your first...

First-Time Home Buyers Stamp Duty Exemption 2022 to 2023

(adsbygoogle = window.adsbygoogle || ).push({}); Recently, the Malaysian government announced another new and extended round of stamp duty exemptions to run from 1st June 2022 to December 2023. Under the Keluarga Malaysia Home Ownership Initiative (i-MILIKI), first-time homebuyers will get a stamp duty exemption on the instrument of transfer (sales and purchase agreement) and loan...

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