Business : REHDA Seeks Enhanced Housing Credit Guarantee Scheme, Stamp Duty Relief In Budget 2027

Malaysia's Real Estate and Housing Developers Association (Rehda) has proposed several measures aimed at addressing constraints faced by homebuyers and reducing the cost of housing delivery for the 2027 Budget. Key proposals include enhancing the Housing Credit Guarantee Scheme, introducing improved financing structures, and extending existing stamp duty relief for residential properties.

The association is also seeking a special Home Ownership Campaign for unsold completed residential units and data-driven housing planning to better align future housing supply with actual demand. Zaini Yusoff, Rehda president, emphasized that reducing the upfront costs of purchasing a home, particularly for young Malaysians, the self-employed, and those with low or non-traditional incomes, remains a significant barrier to house ownership.