01/09/2025
💡 𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫:
This incentive ended at the end of 2023. However, if you had already signed the SPA within the eligible period and met the conditions, you may still apply later when the Individual/Strata Title is issued and the Perfection of Transfer (POT) is done!
✨ 𝐀 𝐌𝐮𝐬𝐭-𝐑𝐞𝐚𝐝 𝐟𝐨𝐫 𝐅𝐢𝐫𝐬𝐭-𝐓𝐢𝐦𝐞 𝐇𝐨𝐦𝐞𝐛𝐮𝐲𝐞𝐫𝐬!
𝐖𝐡𝐚𝐭 𝐢𝐬 [𝐢-𝐌𝐢𝐥𝐢𝐤𝐢]? ✨
🤔 Did you know? The Malaysian government previously introduced a special scheme to help first-time homebuyers reduce their housing burden! This scheme is called 👉 i-Miliki.
📌 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬:
🏠 Property price 𝐑𝐌𝟓𝟎𝟎,𝟎𝟎𝟎 𝐚𝐧𝐝 𝐛𝐞𝐥𝐨𝐰
✅ 𝟏𝟎𝟎% full stamp duty exemption on MOT & Loan Agreement
🏠 Property price 𝐑𝐌𝟓𝟎𝟎,𝟎𝟎𝟏 – 𝐑𝐌𝟏,𝟎𝟎𝟎,𝟎𝟎𝟎
✅ 𝟕𝟓% stamp duty remission on MOT & Loan Agreement
⚠️ 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐍𝐨𝐭𝐞𝐬:
1️⃣ Applicable only to primary market properties (from developers), not subsale.
2️⃣ Buyer must be a Malaysian citizen & a first-time homebuyer (never purchased or inherited any property).
3️⃣ Developer must provide at least a 10% discount.
4️⃣ The Sale and Purchase Agreement (SPA) must be signed between 📅 1/6/2022 – 31/12/2023 and stamped by 31/1/2024.
📖 𝐄𝐱𝐚𝐦𝐩𝐥𝐞:
𝘗𝘶𝘳𝘤𝘩𝘢𝘴𝘦 𝘰𝘧 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘺 𝘸𝘰𝘳𝘵𝘩 𝘙𝘔𝟧𝟢𝟢,𝟢𝟢𝟢 + 𝘓𝘰𝘢𝘯 𝘙𝘔𝟦𝟧𝟢,𝟢𝟢𝟢
👉 Original stamp duty payable: RM11,250
👉 With i-Miliki: Save RM11,250 (fully exempted!)
𝘗𝘶𝘳𝘤𝘩𝘢𝘴𝘦 𝘰𝘧 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘺 𝘸𝘰𝘳𝘵𝘩 𝘙𝘔𝟩𝟧𝟢,𝟢𝟢𝟢 + 𝘓𝘰𝘢𝘯 𝘙𝘔𝟨𝟩𝟧,𝟢𝟢𝟢
👉 Original stamp duty payable: RM19,875
👉 With i-Miliki: Only RM4,968.75
👉 Savings: nearly RM15,000!
𝐖𝐚𝐧𝐭 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 [𝐢-𝐌𝐢𝐥𝐢𝐤𝐢 𝐒𝐭𝐚𝐦𝐩 𝐃𝐮𝐭𝐲 𝐄𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧/𝐑𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬]?
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