This article is general information, not financial advice. Loan approval depends on your profile and the lender.
Budget 2025: New Housing Incentives Explained
Malaysia's Budget 2025 rolled out targeted incentives that directly influence mortgage affordability. Here's what you must know before signing your SPA.
Key Measures
-
Stamp Duty Remission Extended
- 100% remission for first residential property up to RM600,000 (till Dec 2026)
- 50% remission for properties RM600,001 – RM850,000 (till Dec 2025)
-
EV-Ready Home Upgrade Grant
- Claim up to RM5,000 for installing EV chargers or upgrading electrical systems
- Tied to properties completed after 2018
-
Rent-to-Own (RTO) Allocation
- RM2b guarantee to help M40 renters convert to ownership
- Banks can use guarantee to stretch your Debt Service Ratio
Action Plan for Buyers
| Situation | What to Do | Deadline | |-----------|-----------|----------| | Buying first home < RM600k | Ensure SPA executed by Dec 2026 | 31 Dec 2026 | | Buying RM600k – RM850k | Submit MOT before Dec 2025 | 31 Dec 2025 | | Installing EV charger | Keep invoices + utility upgrade proof | Claim within 12 months |
Common Questions
- Can investors claim the EV grant? Yes, as long as property is residential and registered under your name.
- Does removing name from previous property qualify as first-time buyer? No, past ownership disqualifies.
- Can I combine with state incentives? Yes, e.g., Selangor Smart Renter + federal RTO.
How We Can Help
Our Budget 2025 clinic includes:
- Eligibility review for each incentive
- Coordination with lawyers/developers for documentation
- Submission reminders so you never miss a date
