The Home Ownership Campaign (HOC) is back, time to take full advantage of it!

Post at:
2020-07-23
HOC 2020
ENNEWS

The Home Ownership Campaign (HOC) is back, time to take full advantage of it!

Home Ownership Campaign is a savings programme for home buyers across Malaysia. First time buyers may not be aware but on top of the price of the house and mortgage interest rates, there are other charges that you need to factor in the process of purchasing a home, such as stamp duty and legal fees.

Our blog today will help you understand how the Home Ownership Campaign (HOC) will benefit you on your journey towards owning your own home.

Home Ownership Campaign 2020

The HOC scheme was designed by the Real Estate and Housing Developers’ Association Malaysia (Rehda) and the government and has been re-introduced in 2020 to support businesses and strengthen the nation’s economy, as announced by the Prime Minister while introducing the Short-Term Economic Recovery Plan (PENJANA). 

What Are the Benefits of the Home Ownership Campaign 2020?

Eligible homes benefit from:

  1. At least 10% discount – Malaysians who are looking to buy a house (that’s priced above RM100,000 and not more than RM2.5 million) will enjoy a minimum discount of 10%from the property developer
  2. Stamp duty exemption – You’ll also get stamp duty exemption on the Instrument of Transfer and Loan Agreement for the purchase of residential homes priced between RM300,000 and RM1 million.
* Effective for Sales and Purchase Agreements (SPA) signed between 1st June 2020 to 31st May 2021.

 

In support of the Home Ownership Campaign, Kinta Properties is offering rebates package for you to easily own your own home. Have a look at these two homes that are part of the campaign.

Taman Meru Mentari

Price from RM405800 – 7% bumi discount (bumi lots) -10% rebates =RM339,654

With HOC, you’d only pay:
TMM price

Bandar Baru Sri Klebang

Ixora

Price from RM638,800 – 10% rebates =RM574,920

With HOC, you’d only pay: 

Hoc ixora

If you are planning for your future home. Now might just be the best time for you to buy a property especially if you are a first-time homebuyer to take advantage of our many incentives.

Still have questions? Chat with our expert property team at 0125008018, we’re here to help find your future home and help you plan your loan. You can also tour new homes through our virtual tour platform or visit our show homes daily, from 10am – 6pm.