The government of Malaysia has recently gazetted stamp duty exemption and remission orders to benefit the homebuyers, namely Stamp Duty (Exemption) Order 2023 (P.U.(A) 176, Stamp Duty (Exemption) (No.2) Order 2023 (P.U.(A) 177, Stamp Duty (Remission) Order 2023 (P.U.(A) 179 and Stamp Duty (Remission) (No.2) Order 2023 (P.U.(A) 180.
The abovementioned stamp duty exemption and remission are applicable on:-
- i) the ad valorem stamp duty on the loan agreement; and
- ii) the instruments of transfer.
To read more, please access the link below.
https://hhq.com.my/publications/stamp-duty-exemptions-and-remissions-2023/