Property tax exemption for Malaysians for disposal of up to three properties

KUALA LUMPUR: The government will introduce several incentives to stimulate the property market and provide financial relief to home buyers, according to the Prime Minister Tan Sri Muhyiddin Yassin.

“Home Ownership Campaigns (HOC) will be re-introduced. Through this campaign, stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home between RM300,000 and RM2.5mil,” he said today.