First home ownership made easier

Home sweet homes: Ismail Sabri being shown a model of an apartment complex during the launch of the government’s home ownership initiative programmes at Mid Valley Megamall Exhibition Centre. — Bernama

KUALA LUMPUR: Malaysians looking to purchase their first house in the coming year will be able to enjoy stamp duty exemptions of 50% to 100% under the Malaysian Family home ownership initiative or i-Miliki, says Datuk Seri Ismail Sabri Yaakob.

The Prime Minister said the incentive under the Housing and Local Government Ministry’s new Home Ownership Programme (HOPE) was meant to help Malaysian families own their first house.