Budget 2027's New Stamp Duty Tier Could Save First-Time Buyers Up to RM12,750

Budget 2027 keeps the full stamp duty exemption for first-time Malaysian homebuyers up to RM500,000. The new part: homes priced RM500,000–750,000 now get a 50% break on the duty above RM500,000 too — something today’s rules don’t give at all.

What is Budget 2027’s stamp duty exemption?

• The RM500,000 cap is now a RM750,000 tier — buyers above the old cap got zero exemption before.
• The window extends to 31 December 2030, three years past the current 2027 cut-off.
• Both the loan agreement and the transfer document are covered — not just one of the two.

How much do you actually save?

Sorted by home price, ascending. Transfer-instrument duty only, on the ad valorem rates under Item 32(a), First Schedule, Stamp Act 1949 (1% / 2% / 3% / 4% bands). Homes at or below RM500,000 are unaffected — they are already fully exempt today.

• The 0.5% loan-agreement stamp duty is exempted too — the table above covers only the transfer document.
• These are proposals, not law yet — the Finance Bill 2027 must still pass Parliament.

Who qualifies?

Source: Budget 2027 speech annex, Lampiran 16. Compare financing on Rates.my’s home loan calculator before you shop for a first home.

What to watch

• Oct–Nov 2026The Finance Bill 2027 is debated in the Dewan Rakyat — this exemption is a proposal until it passes.
• 1 Jan 2027The new RM500,000–750,000 exemption tier takes effect, if passed.
• 31 Dec 2030Current end date for the whole exemption window, old and new tiers alike.

Sources & further reading

• Ministry of Finance — Ucapan Belanjawan 2027, para 56 and Lampiran 16 (PDF, 9 Oct 2026)
• ACCA Global — Malaysia stamp duty technical article (Item 32(a) ad valorem rates)
• Rates.my — Budget 2027 Malaysia Summary
• SAYS — Stamp Duty Exemption For First-Time Homebuyers Extended To 2030
• Rates.my — home loan calculator