THE government is looking to extend the home ownership campaign (HOC) until the end of the year.

Housing and Local Government Minister Zuraida Kamaruddin said she had asked Finance Minister Tengku Zafrul Abdul Aziz to allow the extension.

“However, the MOF will probably review the conditions (of the scheme) and they will be a little different,” she told reporters after attending Malaysia’s Best Managed and Sustainable Property Award 2021 here, today.

Meanwhile, as of end February, the 2020-2021 HOC has seen the sale of 34,354 homes worth RM25.6 billion with discounts totalling RM4.3 billion.

Buyers are offered stamp duty exemption and a discount of up to 10% on the purchase of a home priced at RM300,000 to RM2.5 million. – Bernama, April 5, 2021.