Everything You Need To Know About Home Ownership Campaign (HOC)

The Home Ownership Campaign (HOC) is a government initiative designed to support home buyers looking to purchasing property, while at the same time, spurring the sales of unsold properties in Malaysia’s housing market.

The campaign was targeted to run from 1 January 2019 through to 30 June 2019, but it was recently announced by the Housing and Local Government Minister Zuraida Kamaruddin that it would be extended to 31 December 2019!

The Benefits Of The Home Ownership Campaign

10% house discount: As well as the stamp duty exemption, you enjoy a minimum 10% reduction on the purchasing price of properties listed under the scheme.

Full stamp duty exemption till RM1 million: Under the scheme, successful applicants enjoy 100% stamp duty exemption on Instrument of Transfer any residential home purchase from Rm300,0000 to the value of RM1 million.

Instruments on securing loans exemption: All properties within the scheme enjoy stamp duty exemption on the Instrument of Securing Loan. For property value more than RM300,000 to RM2.5 million.

Who Is Eligible For The Home Ownership Campaign?

Registered properties: Eligibility only applies to those registered properties listed by developers within the scheme.

Residential purposes: Purchasers must be buying the property for the purpose of residing within it only.

Malaysian citizens: Purchasers and co-purchasers must be Malaysian citizens. And a first-time house buyer.

1 January to 31 December: To be eligible for the exemptions and discount, a Sales and Purchase Agreement (SPA) must be stamped between 1 January and 31 December 2019.


Melissa Lee
Online Mortgage Consultant

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