Gov't reintroduces home ownership campaign, with stamp duty, RPGT exemption

In an effort to stimulate the property market and provide financial relief to home buyers, the government has reintroduced the Home Ownership Campaign (HOC), featuring stamp duty exemptions as well as Real Property Gains Tax (RPGT) exemption.

In announcing the short term economic recovery plan, PENJANA, prime minister Muhyiddin Yassin said the stamp duty exemption will be given for the purchase of residential homes priced from...