Posted on : 10 Feb 2021
The incentives introduced to stimulate the property market has presented a series of benefits for the average house buyer. Here are some details on what those in the market for new properties can take advantage of and benefit from throughout 2021.
Among the incentives announced by the government include affordable housing for the B40 group, here in Malaysia. The incentives include:
The incentives introduced by the government make for an attractive offer for first-time house buyers, as the discounts in the form of stamp duty exemptions are significant. The commitment to affordable housing is emphasized with the planned RTO scheme and increased housing for lower-income groups. Throughout 2021 and the coming years, it seems that first-time house buyers can benefit from these incentives and begin efforts to purchase their first home.
Any scheme or incentive that spurs increased buying and selling within the property market is good news for real estate agents as the potential of completing transactions, and making a handsome commission in the process, grows too.
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