Knight Frank Malaysia managing director Sarkunan Subramaniam said in a statement yesterday that Malaysia
PETALING JAYA: The Government has decided to maintain the stamp duty for property transactions valued at RM1mil and above at 3% instead of the 4% announced under Budget 2018 in a move seen as supporting the moribund property market.
The Finance Ministry said in a brief one-page statement that the Government has decided not to proceed with raising the stamp duty, which has an effective date starting Jan 1, 2018.
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