KUALA LUMPUR: The government will continue to provide continuous support to stimulate growth in the real estate sector, including extending full stamp duty exemption for first-time house buyers for houses worth up to RM500,000 until December 2025.
Department of Valuation and Property Management (JPPH) director-general, Abdul Razak Yusak said although the real estate market is expected to improve, industry players should take cautious measures in light of the unpredictable and challenging global economic landscape.
