KUALA LUMPUR, Oct 9 (Bernama) -- The stamp duty exemptions for the rehabilitation of abandoned housing projects will help facilitate project revival and provide much-needed relief to affected purchasers, said Real Estate And Housing Developers' Association Malaysia (REHDA).
Business : Budget 2027 Measures Expected To Support Homeownership, Property Market Growth
Property, Real estate, Budget 2027, Reaction, REHD
Key takeaways
Budget 2027 includes measures to support homeownership and property growth through stamp duty exemptions and tax incentives.
- Stamp duty exemptions for abandoned housing projects aid project revival and help buyers.
- Green technology projects get 100% tax allowances until 2030 to promote sustainability.
- First-time homebuyers get exemptions on property transfers and loans up to RM750,000.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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