{
  "id": 13070804,
  "title": "2027 Budget: First-time homebuyers get full stamp duty exemptions for houses up to RM500,000",
  "url": "https://urgent.news/2026/10/09/2027-budget-first-time-homebuyers-get-full-stamp-duty-exemptions-for",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-09T08:37:18.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/property/2026/10/1551549/2027-budget-first-time-homebuyers-get-full-stamp-duty-exemptions-houses"
  },
  "original_language": "en",
  "account": "First-time homebuyers in Malaysia will receive full stamp duty exemptions for properties up to RM500,000 under the 2027 Budget, announced by Prime Minister Datuk Seri Anwar Ibrahim. The government will also provide exemptions on the initial RM500,000 and a 50% reduction on the remaining amount for homes priced up to RM750,000. These exemptions will be applicable to sale and purchase agreements executed between January 1, 2027, and December 31, 2030. Additionally, the government intends to eliminate abandoned housing projects by 2030, offering full stamp duty exemptions to rescue contractors or developers, along with the original purchasers, during this period. Anwar highlighted the provision of up to RM20 billion in housing financing guarantees via the Syarikat Jaminan Kredit Perumahan (SJKP), which aims to support 80,000 first-time homebuyers, especially self-employed individuals without fixed incomes, in obtaining housing financing.",
  "summary": "KUALA LUMPUR: First-time homebuyers purchasing properties priced up to RM500,000 will enjoy full stamp duty exemptions on loan agreements and instruments of transfer under the 2027 Budget 2027, in a move to improve housing affordability.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Budget 2027: Stamp duty exemption proposed for first homes up to RM500,000",
        "url": "https://urgent.news/2026/10/09/budget-2027-stamp-duty-exemption-proposed-for-first-homes-up-to-rm500",
        "published": "2026-10-09T08:36:16.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "2027 Budget: Housing funds, stamp duty exemptions announced",
        "url": "https://urgent.news/2026/10/09/2027-budget-housing-funds-stamp-duty-exemptions-announced",
        "published": "2026-10-09T08:39:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}