Nga: HOC 2.0 extended, stamp duty exemptions for first-time homebuyers

Published on 22 Oct 2024 3:39:39 PM

The government is extending the Home Ownership Campaign 2.0 (HOC 2.0) from January 1, 2021, to December 31, 2025, providing stamp duty exemptions on the transfer and loan agreements for new or secondary market homes valued at RM500,000 and below, according to the Housing and Local Government Minister.

On Tuesday (Oct 22), Nga Kor Ming informed that the 2025 Budget includes additional incentives to boost first-time home ownership, including individual tax relief on housing loan interest payments.

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Keywords
news, home buyers, first time, nga kor ming, housing, government, home ownership campaign 2.0, hoc 2.0, stamp duty exemptions, loans, housing and local government minister, budget 2025, incentives, first-time home ownership, individual tax relief, housing loan

Keywords:
news, home buyers, first time, nga kor ming, housing, government, home ownership campaign 2.0, hoc 2.0, stamp duty exemptions, loans, housing and local government minister, budget 2025, incentives, first-time home ownership, individual tax relief, housing loan