Show me the money: A guide to getting the most out of your Budget 2027 financial aid
KUALA LUMPUR, Oct 23 — Budget 2027 is officially out, bringing a much-needed financial lifeline to Malaysians feel...
Budget 2027 has been released, providing a much-needed financial boost for Malaysians grappling with rising living costs. The national budget includes targeted relief for a wide range of individuals and households. Direct cash transfers, education aid, housing perks, and small business support are some of the key areas of assistance.
Direct cash transfers include the Rahmah initiatives, which provide essential support to lower-income households. The Sumbangan Asas Rahmah (SARA) scheme offers up to RM150 monthly, capping at RM1,800 annually for Sumbangan Tunai Rahmah (STR) recipients. Non-STR recipients, Malaysian citizens aged 18 and above, receive a total of RM200 for the year, paid out as RM100 payouts before Hari Raya Aidilfitri and Merdeka.
Education aid sees an increase in Bantuan Awal Persekolahan (BAP) cash aid, with parents now receiving RM200 per student at the start of the academic year. Housing perks include stamp duty waivers for first-time homebuyers, with exemptions for properties up to RM500,000 and partial waivers for homes up to RM750,000. Gig workers and freelancers benefit from the Syarikat Jaminan Kredit Perumahan (SJKP) financing, receiving RM20 billion in government backing to secure bank loans.
Small business support extends a 50 per cent discount on monthly rent for vendors operating in licensed Kuala Lumpur City Hall (DBKL) hawker stalls, markets, and food courts.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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