Budget 2027 proposes stamp duty relief for Malaysian citizens buying a first home up to RM750,000. Foreign buyers see no change.
- First homes up to RM500,000: Malaysian buyers would pay no stamp duty on the transfer (MOT) or the loan agreement.
- First homes from RM500,000 to RM750,000: Malaysian buyers would pay no stamp duty on the first RM500,000 and half on the rest.
- Dates: the relief covers sale agreements (SPAs) signed from 1 January 2027 to 31 December 2030.
- Foreign buyers: foreigners still pay a flat 8% stamp duty on residential transfers.
- RPGT: the Budget 2027 tax paper has no change to real property gains tax.
- Status: the Budget was tabled on 9 October 2026 and the relief is still a proposal as at 31 October 2026. It becomes law only once it is passed and gazetted, and we update this page when that happens.
How much could a first-home buyer save under Budget 2027?
By our estimate, a Malaysian first-home buyer with a 90% loan could save about RM15,700 on a RM750,000 home.
| Price | Stamp duty today | Saving |
|---|---|---|
| RM500,000 | Nil | Exempt |
| RM600,000 | RM14,700 | RM13,100 |
| RM700,000 | RM18,150 | RM14,825 |
| RM750,000 | RM19,875 | RM15,688 |
- What the saving covers: the figures include stamp duty on the transfer and on the loan agreement.
- What the buyer gains: the buyer needs less cash at signing and at transfer.
- What stays the same: the relief doesn’t change the property price or the monthly instalment.
- Why these are estimates: the Ministry of Finance has not published how the 50% is calculated, which means your lawyer’s figure may differ.
What if you are buying above RM750,000?
Nothing changes for you: a home above RM750,000 stays on the normal stamp duty scale under Budget 2027.
- What you pay: our stamp duty guide shows the figures, with real projects.
- Your timing: Budget 2027 gives no reason to wait, which means you can decide on the unit alone.
Imperial Residences
Four en suite bedrooms, private lift lobby, next to the MRT
Own stay 4.8/5Investment 4.1/5
- From
- RM5.429mil
- Bedrooms
- 3–5 bedrooms
- Completion
- March 2030
Zenia Parkhomes
3-storey homes in a gated and guarded park
Own stay 4.5/5Investment 3.9/5
- From
- RM2.5mil
- Bedrooms
- 4–5 bedrooms
- Completion
- 2030
Aetas Taman Desa
Freehold, every home a corner, private lift lobby
Own stay 4.7/5Investment 3.9/5
- From
- RM2.4mil
- Bedrooms
- 3–5 bedrooms
- Completion
- 2030
Which new launches start within RM750,000?
10 projects on our site start within the proposed RM750,000 limit, which means their starting units could qualify.
| Project | From | Saving |
|---|---|---|
| The Vividz | RM447,400 | Exempt |
| The Aldenz | RM622,200 | RM13,500 |
| Enlace Suites II | RM626,000 | RM13,500 |
| ForestHill Residences | RM643,300 | RM13,800 |
| Parkside Residences | RM665,000 | RM14,200 |
| Laurel Residence | RM673,000 | RM14,400 |
| Times Square 2 | RM688,000 | RM14,600 |
| The Atera | RM691,400 | RM14,700 |
| MABA Suitez | RM699,000 | RM14,800 |
| The Queenswoodz | RM723,300 | RM15,200 |
Parkside Residences
A 5-acre park below, 400 m to Bangsar LRT
Own stay 4.6/5Investment 4.5/5
- From
- RM665,000
- Bedrooms
- 1–3 bedrooms
- Completion
- January 2030
Laurel Residence
Completed, with Bangsar South’s offices 300 m away
Own stay 4.3/5Investment 4.6/5
- From
- RM673,000
- Bedrooms
- 1 & 3 bedrooms
- Completion
- Completed
Times Square 2
Freehold, bridged to Berjaya Times Square
Own stay 4.4/5Investment 4.6/5
- From
- RM688,000
- Bedrooms
- 1–3 bedrooms
- Completion
- October 2027
- The saving shown: each saving is our estimate at the project’s starting price.
- Bigger homes: a bigger unit may be priced above RM750,000, and the proposal gives no relief above that price.
- Serviced suites: the proposal says “first residential home”. Ask your lawyer to confirm that a serviced suite counts before you rely on the saving.
Should you sign your SPA before or after 1 January 2027?
If your first home costs RM500,000 to RM750,000, signing from 1 January 2027 could save you up to about RM15,700, if the proposal becomes law.
- Signing in 2026: a first home above RM500,000 pays full stamp duty.
- Signing from 1 January 2027: the same home would get the relief, if the proposal becomes law.
- First homes up to RM500,000: the current exemption runs to 31 December 2027, which means the signing date doesn’t change the stamp duty.
- Booking now: the SPA date is what counts, not the booking date. Ask us when the SPA would be signed for the unit you like.
- Before you decide: weigh the saving against the units and prices open to you now.
Work out my stamp duty from 2027
Does Budget 2027 change anything for foreign buyers?
No. Budget 2027 leaves stamp duty and minimum prices for foreign buyers as they are.
- Stamp duty: foreign buyers pay a flat 8% on residential transfers, which is RM80,000 on a RM1mil home.
- First-home relief: the proposed relief is for Malaysian citizens only.
- Minimum prices: each state sets its own minimum price for foreign buyers.
- Read next: can foreigners buy property in Malaysia? and new launches for foreign buyers.
Can Malaysians working overseas get the relief?
The proposal refers to Malaysian citizens and doesn’t mention where you live, which means the final wording will settle it.
- First-home relief: confirm with your lawyer once the final wording is out.
- Foreign currency loans: Budget 2027 proposes a RM2,000 stamp duty cap on foreign currency loans up to RM100 million from banks in Malaysia, from 1 January 2027. Today the rate is 0.5%.
- What to do: ask your banker if the cap could apply to your loan.
What else did Budget 2027 propose for housing?
Budget 2027 also proposes help with home loans and stamp duty relief for abandoned projects.
- Help with home loans: Syarikat Jaminan Kredit Perumahan would give up to RM20 billion in backing for an expected 80,000 first-time buyers, mainly self-employed people without a fixed income.
- Abandoned projects: rescue developers and original buyers of certified projects would get a full stamp duty exemption from 2027 to 2030.
