More needed for home ownership


PETALING JAYA: The stamp duty exemption for first-time house buyers can relieve some financial burden for young individuals, but other underlying issues such as low salaries, high interest rates and housing prices should also be taken into account, economists say.

Malaysia University of Science and Technology economics professor Geoffrey Williams said the move to exempt stamp duty for first-time house buyers was welcomed.

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stamp duty , exemption , house buyers , property

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