Stamp Duty (Remission) (No.3) Order 2010 [P.U.(A) 475/2010]

Fifty per cent of stamp duty chargeable on any instrument of transfer for the purchase of only one unit residential property (i.e. a house, a condominium unit, an apartment or a flat unit built as a dwelling house), costing not more than RM350,000 by a Malaysian citizen shall be remitted provided that

(i)            the sale and purchase agreement is executed between 1 January 2011 and 31 December 2012, both days inclusive;

(ii)           the Malaysian citizen does not own any other residential property at the date of execution of that sale and purchase agreement;

The application for remission may only be made once and is also applicable to co-purchasers.