#Belanjawan2027: Stamp Duty Exemption For First-Time Homebuyers Extended To 2030
The proposed exemption also covers homes priced up to RM750,000.
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The government has proposed to extend full stamp duty exemption for first homes priced up to RM500,000 until 31 December 2030
During the tabling of Budget 2027 today, 9 October, Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, announced that the Housing Credit Guarantee Scheme (SJKP) will provide up to RM20 billion in housing financing guarantees.
He said the guarantees are expected to assist 80,000 first-time homebuyers, particularly self-employed individuals without a fixed income.
Anwar added that the government proposes a full stamp duty exemption on loan agreements and instruments of transfer for first homes priced at up to RM500,000
For first homes priced above RM500,000 and up to RM750,000, buyers will receive a full stamp duty exemption on the first RM500,000 and a 50% exemption on the remaining amount.
The proposed exemptions will apply to sale and purchase agreements executed from 1 January 2027 to 31 December 2030.
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