Infographic: Ultimate Guides Home Loan Refinancing In Malaysia

The quick guides on how to refinancing your home loan in Malaysia; Like the infographic we share to you? Like us on Facebook and Share it to your friends! —WMAPROPERTY It’s not about property ownership it’s about control! To get more details. Click Here! Like this article or found it helpful? Share it! Follow us … Read more

Sarawak Disagree With The Move To Allow Loans By Housing Developer

KUCHING, (Bernama) — Sarawak would not adopt the move by the Ministry of Urban Wellbeing, Housing and Local Government to allow private housing developers to give loans to homebuyers. Deputy Chief Minister Datuk Amar Abang Johari Tun Abang Haji Openg said this is because such a move could pose financial risks to the developers as … Read more

Banking Institutions To Continue Giving Home Loans For Eligible Customers

KUALA LUMPUR, (Bernama) — Banking institutions will continue to provide home financing facilities to eligible customers, said the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking Institutions Malaysia (AIBIM). In a joint statement today, the two associations said there are various types of home financing offered by commercial banks and Islamic … Read more

Bank Negara: 35 Years Housing Loan Tenure Sufficient

KUALA LUMPUR: Bank Negara Malaysia (BNM) says the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age. It said on Tuesday if the housing loan is offered when the borrower is 25 years old, a financing tenure of 35 years would extend … Read more

Mah Sing Seeks Easier Loan Approval For First-time Home Buyers

KUALA LUMPUR, Sept 19 (Bernama) — Mah Sing Group Bhd is urging the government to consider several initiatives including relaxing loan approvals in Budget 2017 for first-time home buyers. Mah Sing Group Managing Director Tan Sri Leong Hoy Kum urged the banks to consider relaxing loan approvals and provide up to 95 per cent financing … Read more

Rehda: Loans Should Be For Below RM500,000Homes

PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) wants the proposed “moneylender licences” for eligible housing developers be capped at properties below RM500,000 to assist first-time homebuyers and genuine upgraders to afford homes. Rehda president Datuk Seri FD Iskandar said many genuine housebuyers had problems coming up with their downpayment when financial … Read more

Developer’s Loan Unlikely To Boost Housing Market

The government’s decision to permit property developers to grant housing loans to home buyers who cannot acquire a full mortgage from commercial banks is unlikely to have a major positive effect on Malaysia’s residential market, according to experts. AllianceDBS analyst Quah He Wei said the impact on the local property sector would be minimal and … Read more

What Is Islamic Home Loan? How Does It Work?

Thinking about buying a property? Before taking up a housing loan to finance your dream home, it is extremely important to know which type of housing loan is right for you. With a quick search on bank websites, you will get to know there are many type of property loans in Malaysia, such as Loan with Fixed Interest, Loan with Floating … Read more

Total Debt Servicing Ratio (TDSR) Tweaked For Refinancing Of Home Loans

SINGAPORE — The Monetary Authority of Singapore (MAS) has refined the Total Debt Servicing Ratio (TDSR) framework to allow all homeowners to be exempted from meeting the 60 per cent threshold when refinancing mortgages of the home they reside in. In a statement on Thursday (Sept 1), the central bank said the move was taken … Read more

How Much Loans Should You Take When Buying A Property?

In property investment field, bank loans are always stand in an important role when the property investors buying an investment property. But, how much loans should they really take when buying a property? For those who have been attended property investment seminars, believe that these words are not strange to you. The speakers always like … Read more