Rehda seeks stamp duty relief, targted HOC

Rehda, the Real Estate and Housing Developers Association of Malaysia, has proposed stamp duty relief and an extension of the Home Ownership Campaign (HOC) for unsold completed residential units in the upcoming 2027 Budget. The association seeks to address constraints faced by homebuyers, particularly young Malaysians, the self-employed, and those with low or non-traditional incomes, who struggle with the upfront costs of purchasing a home.

Rehda's proposals include enhancing the Housing Credit Guarantee Scheme (SJKP) to widen access to financing and introducing stepped-up financing structures that would allow lower repayments during the initial years of house ownership. Additionally, the association is advocating for data-driven housing planning to align future housing supply with actual demand, thereby preventing supply-demand mismatches.

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