News about stamp duty

MELBOURNE (May 23): Victoria state government will waive stamp duty on newly completed homes that have been unsold for a year or more and from July it will extend the stamp duty concession to new off-the-plan purchases worth up to A$1 million (RM3.

PETALING JAYA (Nov 9): The extension of the stamp duty exemptions for instrument of transfer and loan agreement for first-time home purchase priced up to RM500,000 to 2025 is only an extension of the stamp duty exemptions provided in Budget 2019-20, says Affin Hwang Capital senior associate director, equity research Loong Chee Wei.

KUALA LUMPUR (Nov 6): The government has announced that the stamp duty exemption on loan agreements and instruments of transfer given to rescuing contractors and the original house purchasers will be extended for another five years.

  PETALING JAYA (Nov 6): To further promote homeownership, the Government has announced a full stamp duty exemption on instruments of transfer and loan agreement for first-time homebuyers on residential properties priced RM500,000 and below.

KUALA LUMPUR (Nov 6): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2021 today.

LONDON (July 6): In a bid to revive Britain's economy, British Finance Minister Rishi Sunak is mulling to increase the country’s residential property tax threshold to as high as £500,000 (RM2.

KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.

PETALING JAYA: Its personalised service and social media engagement with customers have helped property developer Oriental Interest Bhd clear off some unsold units from its projects in the current market downturn.

KUALA LUMPUR (June 5): The government wants to stimulate the property sector again and it is with this in mind that Home Ownership Campaign (HOC) will be reintroduced while there will also be stamp duty and Real Property Gains Tax (RPGT) exemptions.

KUALA LUMUPUR (Jan 15): Affin Hwang Investment Bank Bhd has maintained its "neutral" call on the property sector and said market conditions remain challenging.