Real Property Gains Tax & Stamp Duty Exemption Under PENJANA

As announced by the Prime Minister on 5 June 2020, various economic stimulus measures are provided under the Short-term Economic Recovery Plan (PENJANA), with the objective of spurring the nation’s economic recovery from the COVID-19 pandemic. Two of these proposed measures are targeted at reviving the residential property sector by way of granting stamp duty and real property gains tax (“RPGT”) exemption for sale and purchase transactions.

In connection with this, the following gazette orders were issued on 27 July 2020 and shall take effect retrospectively on 1 June 2020

  • Stamp Duty (Exemption) (No. 3) Order 2020
  • Stamp Duty (Exemption) (No. 4) Order 2020
  • Real Property Gains Tax (Exemption) Order 2020

Feel free to download the full version:

For more information, please contact:

Celine See
Tricor Services (Malaysia) Sdn Bhd
Director, Business Development

Tel: +6 03 2783 9191
Email: [email protected]

For other Tricor services, please email to [email protected] or visit to www.tricorglobal.com

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