Budget 2027: First-home stamp duty exemption widened to RM750,000
· Budget Official source
Summary
Budget 2027 keeps the full stamp duty exemption for first-time buyers of homes up to RM500,000. For homes up to RM750,000, the first RM500,000 is fully exempt and the balance gets a 50% exemption. It applies to SPAs signed from 1 January 2027 to 31 December 2030.
What it means for Johor home buyers
First-time buyers in Johor targeting RM500k–RM750k homes (e.g. double-storey terraces in Seri Alam or Bandar Dato' Onn) can save thousands. If you're about to sign an SPA, check with your lawyer whether the date falls in the eligible window.
Original source: Bernama / Berita Harian
This summary is written in our own words based on the original source. Refer to the source for full details.