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Key Features and Benefits
First Home purchase  (Subject to affordability)
  • Up to 100%  financing 
  • Residential property only


Qualifying Criteria
Eligible Borrowers
  • Must be a Malaysian citizen
  • First time home-buyer
  • Individuals up to age 35 years
  • Single borrower gross income not exceeding  RM5,000/month and joint borrowers gross income not exceeding  RM10,000/month (based on gross maximum income of RM5,000/month per borrower)
  • Repayment of total financing obligation must not be more than 60% of the net monthly income or maximum financing limit of the participating bank, whichever is lower
Eligible Properties
  • Residential properties located in Malaysia
  • Minimum property value of RM100,000
  • Maximum property value of RM400,000
  • Owner occupied  (buyers are required to reside in the property)
Financing Requirements
  • Financing tenure not exceeding 35 years, subject to borrower’s age not exceeding 65 years at the end of financing tenure. Revised maximum tenure is in line with BNM's ruling announced on 5 July 2013
  • Amortising facility only (no redrawable features)
  • Installments payable via monthly salary deduction or standing instruction
  • Compulsory Fire insurance/takaful


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