First-home stamp duty savings from RM500k to RM750k
See illustrative first-home transfer duty savings at RM500,000, RM600,000 and RM750,000 and compare Penang residential condominiums.
Reviewed and published by PropIn · Reviewed
THE STORY IN BRIEF
Summary and key findings
Federal Budget 2027 proposes extending first-home stamp duty relief to eligible purchases priced up to RM750,000. It would exempt the first RM500,000 and give 50% relief on the portion above that threshold, under a proposed 2027–2030 window for sale and purchase agreements.
The proposal extends relief to a higher price band
Federal Budget 2027 proposes full relief on the first RM500,000 and half relief on the portion above it up to RM750,000 for eligible first-home purchases.
RM600,000 and RM750,000 illustrate the difference
On the transfer instrument alone, the illustrative additional savings are RM10,500 and RM12,750, respectively.
The proposed SPA window begins 1 January 2027
The budget appendix specifies sale and purchase agreements executed from 1 January 2027 through 31 December 2030. The implementing rules determine eligibility and the final computation.
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Source Ministry of Finance · Federal Budget 2027, Appendix 16
Read PropIn’s report summary
The proposal changes the price bands for relief on transfer instruments and loan agreements. The examples below show transfer duty only, assuming the purchase price is the dutiable value and the buyer qualifies.
PROPIN ANALYSIS
Why this matters
- The relief is tiered in the budget proposal. The illustrated transfer duty applies ordinary marginal rates and assumes the consideration and dutiable value are equal.
- At RM600,000 the illustrated transfer duty falls from RM12,000 to RM1,500. At RM750,000 it falls from RM16,500 to RM3,750. Both figures depend on eligibility and implementation.
- The proposed date window applies to the sale and purchase agreement. Verify the final order and any documentation before treating the savings as available to your household.
FROM THE START TO WHAT’S NEXT
Timeline and milestones
2026 rulesEarlier exemption threshold
The previous measure covers eligible first residential homes up to RM500,000.
Budget 2027Tiered relief proposed
The federal proposal expands the illustration to prices up to RM750,000.
2027–2030 proposedSPA date window
Use the implementing order to confirm the exact relief and buyer eligibility.
Compare the illustrative saving by purchase price
Transfer duty under the two sets of rules
Illustration based on marginal duty bands and the budget wording. The dutiable value can be the higher of consideration and market value. Confirm the exemption order, loan duty and payable amount for your transaction.
How to shortlist a first home
Compare your net upfront cash after any confirmed relief, maintenance, parking and renovation. Consider the gross SPA price and verify whether the selected unit is a qualifying first residential home before paying a booking fee.
PROPIN OUTLOOK
What buyers and investors can expect
- First-time buyers
Compare the actual SPA price and dutiable value, then estimate cash needed with and without the proposed relief. Leave room for legal, moving and renovation costs.
- PropIn pick to explore
Use Maldives Residences as the RM550,000 comparison reference. The approved historical brochure shows that price at the top of published bands for selected towers. Confirm the selected unit, price and eligibility.
CONTINUE YOUR SHORTLIST
Recommended projects
Own-stay projects to compare
Residential examples for the RM500,000 to RM750,000 comparison band. The RM550,000 Maldives example comes from a historical approved brochure band. Confirm current price, title and eligibility for the chosen unit.
CondominiumAdd to compareBayan Lepas & Batu Maung
Maldives Residences
From RM 470,000 indicative SPA
- Tenure
- Freehold
- Completion
- Est. 2027
- Bedrooms
- 3
- Built-up
- 850–930 sq ft
RM550,000 illustrative unit scenario from the historical approved brochure’s upper price band for selected towers. Ask for current unit pricing.
Price, selected layout and availability to confirm.
CondominiumAdd to compareButterworth
Silkspring Residence
From RM 527,650 indicative SPA
- Tenure
- Freehold residential strata title
- Completion
- Est. 2029
- Bedrooms
- 3
- Built-up
- 1,172 sq ft
CondominiumAdd to comparePrai
Primero Heights
From RM 560,000 indicative SPA
- Tenure
- Freehold residential strata title
- Completion
- Completed
- Bedrooms
- 3 / 4 / 5+
- Built-up
- 1,380–4,770 sq ft
CondominiumAdd to compareBukit Mertajam & Kubang Semang
The Retreat Condominium
From RM 597,000 indicative SPA
- Tenure
- Freehold residential strata title
- Completion
- Completed
- Bedrooms
- 3
- Built-up
- 1,237–1,475 sq ft
CondominiumAdd to comparePrai
Paradigm Suites
From RM 595,000 indicative SPA
- Tenure
- Freehold residential title
- Completion
- Completed
- Bedrooms
- 3+1 / 4+1
- Built-up
- 1,272–1,593 sq ft
CondominiumAdd to compareFarlim & Air Itam
Tuan Pavilion
From RM 730,000 indicative SPA
- Tenure
- Freehold residential title
- Completion
- Est. 2027
- Bedrooms
- 3 / 4
- Built-up
- 1,172–1,592 sq ft
Compare the shortlist
Swipe or scroll the table on smaller screens. Confirm price, title, suitability and completion for the selected unit.
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Questions and answers
How much could I save at RM600,000?
The transfer duty example falls from RM12,000 to RM1,500, a difference of RM10,500, under the stated assumptions.
Does the RM500,000 example save more than before?
The eligible example is fully exempt under both sets of rules, so the additional saving is RM0.
Does the example include loan duty or legal fees?
The figures are for transfer duty. Loan agreement duty and legal fees are separate costs.
Sources and updates
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