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 ==
I REFER to the letter “Exempt all first-time house buyers from paying stamp duty” (The Star, Feb 23), highlighting the dissatisfaction with the policy on stamp duty exemption for first-time house buyers which will be in force until June 30 this year.
Though it is a wise move, it appears that there was a lack of clarity when it was announced by the Finance Minister during the 2019 Budget speech.
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