MIAMI, FLORIDA - JANUARY 30: A House For Sale sign is seen outside of a home on January 30, 2019 in Miami, Florida. The pending home sales index dropped 2.2 percent to 99.0, down from 101.2 in November, the weakest reading since April 2014 according to the National Association of Realtors. Joe Raedle/Getty Images/AFP== FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==
THE Finance Minister had announced during his Budget 2019 speech that first-time house buyers can enjoy 100% exemption on stamp duty on residential properties if the sales and purchase agreement (SPA) is signed between Jan 1 and June 30.
It was good news for young people aspiring to purchase their first home. This good news was repeated by the Finance Minister sometime in January and reported in the media.
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