Malaysia is moving from an official assessment system (where the Inland Revenue Board / land office assesses how much stamp duty you pay) to a self-assessment regime in phases. The government has extended the full stamp duty exemption on transfer instrument (i.e. Memorandum of Transfer / instrument of ownership transfer) and loan agreement for first-time homebuyers who buy residential properties priced up to RM500,000 until 31 December 2027.