The property market has been in the doldrums for the last few years but Finance Minister Lim Guan Eng is hopeful of a gradual improvement.
The property market has been in the doldrums for the last few years, recording declines in the volume and value of property transactions since 2015. The 100% stamp duty exemption is only available for the first RM1 million. Stamp duty of 3% will be imposed on the balance.
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