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Finding the best house loan interest rates in Malaysia can be challenging, particularly with the numerous options available.Critical terms such as home loan, housing loan, and loan tenure are essential for making informed decisions.This guide will help you navigate the various loan types, their interest rates, and other key factors to consider when searching for your dream home.In December 2025, several financial institutions in Malaysia offered competitive home loans and other financing options. Here's a quick overview:1. Best Housing Loan Rates in December 2025Bank NameHouse Loan NameProfit RateFinancing TypeTenureLock-In PeriodMaybank IslamicHouzKEYFrom 2.88% p.a.Term Islamic FinancingUp to 35 years1 YearBank IslamBaiti Home Financing-iFrom 3.55% p.a.Term Islamic FinancingUp to 35 yearsNoneBank of ChinaHousing LoanFrom 3.88% p.a.Term loanUp to 35 years3 YearsStandard CharteredSaadiq My HomeOne-iFrom 3.9% p.a.Flexi islamic financingUp to 35 yearsNoneAlliance BankConventional Home LoanFrom 4.11% p.a.Semi-Flexi loanUp to 35 yearsNoneSource: RinggitplusThese banks offer a range of housing and home loans that cater to different needs, whether you're looking for a flexible or term loan.Understanding Housing Loan Rates: 1. Best Housing Loan Rates in December 20252. Understanding the Effective Lending Rate (ELR)3. Understanding House Loan Interest Rates4. How Should You Compare Lending Rates Across Banks as Borrowers?5. How to Plan and Compare Your House Loan Interest Rates?Critical Terms in Home Financing1. Maybank Islamic HouzKEYSource: MaybankRequirementsCriteriaAge18 to 70 years oldEligibilityMalaysian citizen onlyMust not have more than one (1) home financing at the point of applicationSalaried employee, Self-employedUp to 3 guarantors allowedSource: MaybankFees & ChargesCriteriaLate Penalty Fee1% p.a. on the outstanding amountProcessing FeeNo FeeEarly Settlement FeeNo FeeSource: MaybankBenefitsDescriptionFull 100% FinancingGet full financing with no downpayment requiredNo Payment During ConstructionMaybank helps finance the construction costs.LOWEST Monthly PaymentEnjoy the lowest monthly payments with the best rates.Source: MaybankFor more information, please visit the Maybank website.2. Bank Islam Baiti Home Financing-iSource: Bank IslamRequirementsCriteriaAgeAge 18 to 70 years oldMinimum Annual IncomeRM24,000EligibilityMalaysian CitizenNot a bankrupt or have any legal actionGainfully employed or Profitable business for at least 3 yearsMinimum 1-year good payment track recordSource: Bank IslamFees & ChargesCriteriaLate Penalty Fee1% p.a. on the overdue installments until the date of full payment, and this applies to the Facility before maturity. If after maturity, you will be charged with a sum equivalent to the prevailing daily overnight Islamic Interbank Money Market Rate on the outstanding balance i.e., outstanding Sale Price less Ibra’, if anyProcessing FeeWaivedEarly Settlement FeeThere is no 'lock-in period' for this Facility, and Bank Islam shall grant Ibra' on the deferred profit after full settlement is made.Redemption Letter FeeRM50 per requestLetter for EPF Withdrawal FeeRM20 per requestInsurance TypesMRTTMLTTHouseowner/Householder TakafulSource: Bank IslamBenefits & FeaturesDetailsProperty TypeApplicable for under construction or completed housesMargin of FinancingUp to 90% (excluding additional costs)ExclusionsStamp DutyLegal FeesValuation FeesFinancing TenureUp to 35 years or age 70, whichever comes firstLock-in PeriodNo lock-in periodCompounding ElementsNone (no compounding profit or interest)Processing FeeWaivedEarly SettlementNo penalty for early settlementSource: Bank IslamYou may visit Bank Islam website for more information.4. Bank of China Housing LoanSource: Bank of ChinaRequirementsCriteriaAge18 to 70 years oldMinimum Annual IncomeRM60,000EligibilityMalaysiansPermanent Residents, Foreigners working in MalaysiaSalaried employee, Self-employedSource: RiggitPlusFees & ChargesCriteriaLate Penalty Fee1% p.a. on the amount in arrears causing the total outstanding to increaseProcessing FeeWaivedEarly Settlement Fee2.25% Prepayment/Full settlement within the first 3 years from the date of first release of the loanInsurance TypesFire Insurance (Mandatory)Houseowner Insurance (Optional)MRTA (Optional)MLTA (Optional)Source: RiggitPlusYou may visit the Bank of China Malaysia website for more information3. Standard Chartered Saadiq My HomeOne-iSource: Standard CharteredRequirementsCriteriaAge21 to 70 years oldMinimum Annual IncomeRM48,000EligibilityMalaysiansForeigners with a valid working visa (minimum 1 year), financing margin up to 80%Open to all applicants, including non-MuslimsSource: RiggitPlusFees & ChargesCriteriaLate Penalty Fee1% p.a. of the outstanding amountProcessing FeeWaivedMonthly FeeRM10Early Settlement FeeNo FeeRedemption Letter FeeRM50 per requestLetter for EPF Withdrawal FeeRM20 per requestCancellation Fee2.00% of the financing amount if the bank bears the entry costInsurance TypesFire TakafulMRTTSource: RiggitPlusBenefits & FeaturesDescriptionLock-in PeriodNoneFinancing MarginUp to 90% for eligible local applicantsShariah ComplianceBased on the Islamic principle of Diminishing MusyarakahFlexible StructureCombines a home financing and savings account in one packageExtra Repayment OptionMake additional payments anytime to reduce your financing principalWithdrawal AccessWithdraw extra repayments anytime without bank approvalAutomatic OffsetSurplus cash deposited in the savings account is automatically offset against the financing balance, reducing profit chargesSource: RiggitPlusYou may visit the Standard Chartered website for more information.5. Alliance Bank Conventional Home LoanSource: Alliance BankRequirementsCriteriaAge21 to 70 years oldMinimum Annual IncomeRM24,000EligibilityMalaysian citizens, subject to credit evaluation via CCRIS / CTOSAny nationalitySalaried employee, Self-employedSingle or joint applicantSource: RiggitPlusFees & ChargesCriteriaLate Penalty FeeUp to 1% p.a. on the amount in arrearsWithdrawal FeeRM25 for every withdrawal of excess fund in Advance Payment for Housing Loan/Term Loan with withdrawal featuresSet-up FeeOne-time RM200 fee upon account openingProcessing FeeWaivedMaintenance FeesWaivedEarly Settlement FeeWaivedRedemption Letter FeeRM25 per requestLetter for EPF Withdrawal FeeRM25 per request (extra RM5 for delivery)Document Retrieval FeeRM7 (extra up to RM15 for delivery)Ad hoc Loan StatementRM2 per request (free via email or branch)Legal & Disbursement FeeBased on SRO and related chargesInsurance TypesFire InsuranceMRTASource: RiggitPlusBenefits & FeaturesDescriptionMargin of FinancingUp to 90% of property value + additional 5% to cover MRTA, legal, and valuation fees (for completed properties only)FlexibilityOption to make Advance Payments (extra payments) and withdraw excess funds when neededAdvance Payment WithdrawalAllowed once the minimum required balance in the Advance Payment bucket is metEffect of Advance PaymentReduces principal loan outstanding, not interest chargesCredit History ConsiderationApplicants with poor payment records may still qualify if they show improved financial discipline and responsible repayment behaviorSource: RiggitPlusYou may visit the Alliance Bank website for more information2. Understanding the Effective Lending Rate (ELR)Source: Bank Negara MalaysiaThe Effective Lending Rate (ELR) is a critical component when evaluating home loans. It represents the total cost of borrowing, expressed as an annual percentage rate. The ELR includes the reference rate and the spread, which collectively impact your monthly repayments.Reference Rate: This is the base rate, like the Standardised Base Rate (SBR), which is influenced by Bank Negara Malaysia's policies.Spread: Additional charges include credit and liquidity risk premiums, operating costs, and the bank’s profit margin.The ELR is crucial as it affects the total repayment amount and helps borrowers compare different loan products effectively.What is the Reference Rate?Source: Bank Negara MalaysiaThe reference rate is a benchmark interest rate used by Malaysian banks to determine the changes in borrowers' repayments on floating-rate loans throughout the tenure. This rate can vary between institutions, but it is a foundation for setting the lending rate.Is the Reference Rate Equal to the Standardised Base Rate (SBR)?No, the reference rate differs from the Standardised Base Rate (SBR). The SBR is a specific reference rate that standardizes the base rate across all banks. Introduced on 1 August 2022, the SBR is directly linked to the Overnight Policy Rate (OPR) set by Bank Negara Malaysia. This standardization aims to simplify the comparison of loan rates across different banks.Is the Reference Rate Equal to the Overnight Policy Rate (OPR)?The reference rate can include the OPR as a component, especially when the SBR is used. The OPR is the interest rate at which banks lend to each other overnight and is set by the central bank. Changes in the OPR directly influence the SBR, affecting the reference rate used for loans.What is Spread?The spread is an additional percentage added to the reference rate to arrive at the ELR. It covers various costs and risks incurred by the bank, including:Credit Risk Premium: Compensation for the risk that a borrower might default.Liquidity Risk Premium: Compensation for the risk associated with the bank’s liquidity.Operating Costs: The day-to-day expenses of running the bank.Profit Margin: The bank’s earnings from the loan.The spread is generally fixed for the duration of the loan unless there is a significant change in the borrower’s credit risk profile.3. Understanding House Loan Interest RatesUnderstanding the mechanics of interest rates and their impact on repayments is essential for making informed decisions about Malaysian home loans.What are House Loan Interest Rates?House loan interest rates are the percentage of interest that banks charge on the loan's principal amount.These rates determine the cost of borrowing and are influenced by various factors, including the central bank’s policies and the individual bank's cost structures.How to Calculate House Loan Interest Rate?Source: Bank Negara MalaysiaCalculating your home loan interest rate is crucial for understanding the total amount you will pay over time.Use a home loan calculator to determine your monthly instalments and total repayment. Here’s an example:Example Calculation:Bank’s Base Rate (BR): 2.00%Spread: 1.50%ELR: BR + Spread = 2.00% + 1.50% = 3.50%For a loan amount of RM300,000 over 30 years, the monthly instalment would include the interest and principal repayment. Understanding these calculations can help you save money and manage your loan tenure effectively:Annual Interest Amount: RM300,000 x 3.50% = RM10,500Monthly Interest Amount: RM10,500 / 12 = RM875Thus, the monthly repayment would include RM875 in interest plus the principal repayment.What Can Affect Your House Loan Interest Rate?Several factors can influence your house loan interest rate, including:Central Bank Policies: Changes in the Overnight Policy Rate (OPR) by Bank Negara Malaysia can directly impact interest rates.Economic Conditions: Inflation and economic stability can influence interest rates.Borrower’s Credit Score: Higher credit scores often result in lower interest rates.Loan Tenure: Longer loan tenures can sometimes attract higher interest rates.4. How Should You Compare Lending Rates Across Banks as Borrowers?Comparing lending rates across banks involves more than just looking at the ELR. Consider the following steps:Review the ELR and Spread: Compare the total cost of borrowing.Understand Additional Fees: Be aware of any extra fees that might apply.Read the Product Disclosure Sheet (PDS): This document provides crucial details about the loan.5. How to Plan and Compare Your House Loan Interest Rates?When planning a home loan, consider the property's value, the loan amount, and the loan tenure.Use a loan calculator to estimate your monthly instalments and ensure you understand all associated fees. Planning and comparing Malaysia house loan interest rates requires a strategic approach:Research Different Lenders: Identify potential lenders and their offerings.Interest Rates: Compare the interest rates offered by different banks.Additional Features: Evaluate foreclosure charges and other loan features. Some loans include extra funds withdrawal or linked current accounts for easier management.Read Reviews: Learn from the experiences of other borrowers.Seek Professional Advice: Consult with financial advisors if needed.Maximum Loan Tenure: Most banks offer up to 35 years.Prepayment Options: Check if the bank allows for additional payments without penalties.Insurance Requirements: Most housing loans require Mortgage Reducing Term Assurance (MRTA) or other types of insurance.Flexibility: Compare loans that offer flexible repayment options, like a flexi loan or semi-flexi loan (make sure to understand the terms and conditions).Critical Terms in Home FinancingUnderstanding key terms related to home financing is crucial for navigating the market:Outstanding Principal Balance: The remaining amount you owe on your loan, excluding interest.Home Loan Balance: The total amount left to pay on your home loan.Basic Term Loan: A standard loan with fixed interest rates and repayment terms.Loan Period: The total time over which you will repay the loan.Mortgage Reducing Term Assurance: Insurance that decreases as your loan balance decreases.Choosing the right house loan or home loan in Malaysia requires careful consideration of several factors, including the interest rate, loan tenure, and associated fees. By understanding the options available and using tools like a home loan calculator, you can make a more informed decision that aligns with your financial goals and helps you secure your dream home.Version: CN, BMAre you looking for a dream house after getting the best house loan interest rates? We can assist you! Send us your details, and we will contact you soon! [custom_blog_form]Continue Reading:OPR Remains at 3%: How Does This Affect Housing Loans?Is Now the Perfect Time to Invest in Malacca’s Property? Explore Malacca’s Potential!Fixed Deposit: Which Bank Has the Best FD Rates for July 2024? + Quick Guide to Fixed Deposits (FD & FD-i)

Version: CNIQI is closing its 2025 achievements with a powerful entrée into Chennai, the land of innovation, classical arts and one of India’s most dynamic growth economies. This strategic move strengthens Juwai IQI’s presence across more than thirty countries and accelerates its mission to empower local and international communities with trusted real estate expertise. “Chennai, often called the Detroit of Asia, accounts for roughly thirty per cent of India’s passenger car production and thirty five per cent of its auto components manufacturing. It also hosts thriving IT parks and software services that anchor a major portion of the state’s economy,” said Kashif Ansari, Co Founder and Group CEO of IQI. TCS, one of the largest IT employers in the world, has a major presence in Chennai along with many other renowned tech companies including Microsoft, Amazon and IBM.”  Kashif Ansari, Co Founder and Group CEO of IQI.“IQI Chennai will serve local buyers, developers and global investors seeking opportunities in Chennai and across Tamil Nadu. It will also connect local buyers to overseas investment and second home properties,” added Ansari. Daniel Ho, Co Founder and Group Managing Director of IQI, also expressed his enthusiasm for the launch. “IQI is proud to be establishing IQI Chennai in partnership with Jemi Housing Ltd. Jemi Housing has built three hundred projects and currently has an active pipeline of nearly one hundred additional projects.” Daniel Ho, Co Founder and Group Managing Director of IQIHo added, “Through our marketing portals, IQI Chennai can market listings from Chennai directly to non-resident Indian buyers across Asia, the Middle East, Europe and North America. Chennai is popular with non-resident Indians, who account for fifteen to twenty-five per cent of new luxury project sales.” Mannu Bhasin, Head of Country for IQI India, proudly welcomed the new partner in Chennai and highlighted that the expansion further strengthens their presence across India. “This partnership enhances our ability to offer a wider range of investment opportunities to non-resident Indians, supported by IQI’s global credibility and our large, extensive and trusted network of real estate professionals.” Mannu Bhasin, Head of Country for IQI IndiaJuwai IQI has appointed industry veteran Arunavani Kannan as the Country Head of IQI Chennai. “Being part of IQI enables us to expand our footprint beyond India and gain true global exposure. IQI is the partner we need, and its international reach, technology driven platform and strong cross border transaction capabilities are the resources necessary to achieve our long-term vision.” Arunavani Kannan as the Country Head of IQI Chennai“Our team has forty years of experience in Chennai and has served more than twenty thousand customers, and we feel this is the right moment to evolve into a global brand,” Kannan concluded. With IQI Chennai officially launched, the group is now well positioned to support the city’s growth, elevate developer partnerships and open new investment avenues for clients worldwide.Excited about investing in Chennai property? Get expert advice from our professional real estate negotiators, who can provide you with the best market insights![custom_blog_form]Continue Reading: IQI Breaks New Ground in Europe with IQI GermanyJuwai IQI Strengthens ASEAN Presence with the Launch of Juwai CambodiaJuwai Cambodia: Restructured, Rebranded & Ready for the Future! 

“According to Bank Negara Malaysia, the benchmark price for an affordable home in Malaysia is around RM282,000 based on average household income.”Amelia is 30, works in digital marketing in Kota Damansara, and has been renting for years.With living costs rising and property prices creeping up, she keeps asking the same question as many Malaysians:Is there any realistic way I can own a home without drowning in debt?The good news is, yes, but only if you know how to use the right government schemes and financing programmes that are still active and relevant in 2026.This guide puts everything in one place, in simple language, so you do not have to open 10 different websites.2026 snapshot – what has changed?Compared to 2024 and 2025, a few big things have shifted:New focus on affordable units under RM300k – RM400k through Program Residensi Rakyat (PRR), PPR and Rumah Mesra Rakyat (RMR), with hundreds of new projects funded under Budget 2025 and Budget 2026.Stronger financing support for buyers without payslips through Skim Jaminan Kredit Perumahan (SJKP) and the i-Biaya umbrella, especially for gig workers, self employed and B40 M40 families.Stamp duty waivers for first home buyers are extended until 2027, which reduces upfront cost for homes up to RM1 million.Under the 13th Malaysia Plan (2026 to 2035), the government targets one million affordable homes, with hundreds of thousands already completed or under construction by 2025.In short, there is more help than ever, but the schemes are confusing. So let us break them down properly.How to use this guideThis list focuses on nationwide programmes plus a few important state or city schemes that most buyers actually ask about.Quick overview:ProgrammeBest forTypical price range*PR1MA Homes & RTOM40, some B40, own stay± RM100k – RM400k (iMoney)Residensi Wilayah & Residensi MADANIKL & Federal Territories residents± RM63k – RM300k+ (residensiwilayah.jwp.gov.my)PPR & PRRB40 renters who want low cost homes± RM30k – RM42k sale, RM124 rent (kpkt.gov.my)Rumah Mesra Rakyat (RMR SPNB)Lower income with own landFrom ± RM75k after subsidy (spnb.com.my)Skim Rumah Pertamaku (SRP)First home buyers needing up to 100–110% financingHomes up to RM500k (PropertyGuru Malaysia)Skim Jaminan Kredit Perumahan (SJKP)Buyers without payslips or fixed incomeHomes up to RM500k (PEPS Ventures Learning Resources)BSN MyHome / MyHome i (linked to SJKP)BSN customers who want 100% type financingRM100k – RM500k typical (BSN Malaysia)Rumah SelangorkuSelangor residents± RM42k – RM250k (iMoney)E-Perumahan DBKLLow to medium income families in KLLow and medium low cost units (IQI Global)PPAM (Perumahan Penjawat Awam Malaysia)Government servants nationwide± RM90k – RM300k (iMoney)*Price ranges are indicative and can vary by location and project. Always confirm on the official portal or with the bank before you decide.1. PR1MA Homes and PR1MA Rent-To-Own (RTO)What it offersPR1MA is one of the best known federal affordable housing programmes. It provides apartments and landed homes at below market price, mainly for middle income Malaysians (M40) with some coverage for upper B40.In recent years PR1MA also focuses on Rent-To-Own (RTO) in collaboration with i-Biaya, where you rent first, then buy later at a pre agreed price after a fixed period.Who is it forMalaysian citizen, age 21 and aboveSingle or marriedIndividual or combined household income roughly RM2,500 to RM15,000First or second home onlyProperty type and priceApartments and landed homes, often in growing townshipsCommonly RM100k to RM400k, sometimes slightly higher for larger units in good locationsWhy buyers like itPrices lower than similar private projects nearbySome projects near public transport and mature townshipsAbility to combine with SJKP or SRP financing under i-Biaya for higher margin of financeThings to watch out for10 year moratorium on sub sale in many projects, so it really suits own stay buyers, not short term flippersPopular projects can be oversubscribed, balloting is competitiveWhere to checkOfficial PR1MA portal for latest projects, pricing and campaigns2. Residensi Wilayah & Residensi MADANI (Federal Territories)Previously known as RUMAWIP, this programme has been rebranded as Residensi Wilayah and complemented by Residensi MADANI. Both focus on Federal Territories (Kuala Lumpur, Putrajaya and Labuan).What it offersStratified apartments, usually with 3 bedrooms and 2 bathroomsBuilt ups around 800 square feet and aboveUnits are priced below market, targeted at residents and workers in Federal TerritoriesWho is it forGeneral Residensi Wilayah criteria:Malaysian citizenAge 21 and aboveBorn, living or working in Federal TerritoriesHousehold income not more than RM10,000 (single) or RM15,000 (married)Usually must not own more than one property in KLResidensi MADANI targets similar income groups but may have slightly different income limits and age floor at 18 years, check the official site for each project.Property priceOlder RUMAWIP units used to start from around RM63k, up to RM300kNewer Residensi Wilayah projects in prime areas can be higher but still below surrounding market priceProsGood for own stay buyers who work in KL, but cannot afford normal condo pricesLocations often close to LRT MRT or established neighbourhoodsConsUsually must be owner occupied, renting out is restricted for a number of yearsStrong competition for popular projects, you may need to try several rounds3. Program Perumahan Rakyat (PPR) & Program Residensi Rakyat (PRR)These are the core low cost programmes under KPKT for B40 families.What they offerPPR has two main formats:PPR Disewa – rent a flat at a highly subsidised ratePPR Dimiliki – buy the unit at a controlled low pricePRR is a newer programme that upgrades the concept with better design and facilities while keeping prices lowTypical features of PPR units:Around 700 sq ft, 3 bedrooms, 2 bathrooms, living and kitchenFlats usually 5 to 25 storeys in urban areas, or landed terraces in some semi urban locationsPrice and rentalPPR sale units often around RM30k – RM42k depending on regionPPR rental around RM124 per month (excluding maintenance)Who is it forB40 households in squatter areas or overcrowded housingLow income families usually earning below RM1,500 – RM2,500 monthly, criteria differ by state and projectProsOne of the cheapest paths to home ownership in MalaysiaIdeal for families who simply want a safe, basic homeConsStrict eligibility and priority selectionLocations can be far from your workplace or less connectedFacilities and maintenance standards can vary4. Rumah Mesra Rakyat (RMR) by SPNBRMR is ideal for families who have land but no proper house, especially in semi urban or rural areas.What it offersA single storey detached house (typically 3 rooms, 2 bathrooms) built on your own or family landSPNB manages the design and constructionGovernment subsidises part of the construction cost, reducing your loan amountWho is it forTypical criteria:Malaysian citizen, usually 18 years and aboveHousehold income around RM750 to RM5,000Do not own a house, or current house is dilapidatedOwn suitable land, free from heavy encumbrancesLand size commonly 3,000 sq ft or morePriceHouse cost roughly from RM75,000 upward, with government subsidy around RM20,000 in many batchesYou repay the balance through long term instalmentsProsLets rural and small town families upgrade from wooden or unsafe homes into proper brick housesMonthly instalments usually comparable to renting a basic houseConsYou must already have land or access to landApproval depends on budget allocations and yearly quotas5. Skim Rumah Pertamaku (SRP) under i-BiayaSRP, also called My First Home Scheme, is a financing programme that helps first time buyers get up to 100 percent or 110 percent financing, so you do not need a big 10 percent deposit.What it offersUp to 100 – 110 percent home loan from participating banksCan cover property price plus entry costs like legal fees and insurance, subject to bank policyWorks with both completed and under construction homes, including some affordable housing projectsWho is it forGeneral criteria:Malaysian citizenFirst home buyerSalaried or self employedIndividual or joint applicationCombined gross monthly income generally up to RM5,000 (individual) or RM10,000 (joint)Property price usually up to RM500,000ProsMain benefit is no need for 10 percent downpaymentGood for young families with stable income but low savingsConsHigher loan amount means higher monthly instalment and interest over timeYou still need to pass the bank’s credit scoring and debt service ratio6. Skim Jaminan Kredit Perumahan (SJKP)SJKP is a government guarantee scheme that makes it easier for people without regular payslips to get a home loan, for example gig workers, small business owners and self employed.What it offersA government guarantee that covers part of your housing loanFinancing up to RM500,000 with tenure up to 35 years, sometimes with two generation loans allowedSupports several banks and Islamic financial institutionsWho is it forFrom MOF and SJKP guidelines:Malaysian citizen, 18 years and aboveFirst residential home to live in, new or subsale or auctionFor both fixed income and non fixed income earners (including self employed, gig work, small business)Main applicant income ceiling typically around RM11,000 per monthNo serious negative CCRIS or CTOS recordProsOne of the most important schemes in 2026 for Malaysians who cannot show formal payslipsCan be combined with PR1MA units or other affordable projectsConsNot automatic approval, the bank still checks your cash flow and commitmentsSome banks may ask for extra documents, such as bank statements or business proofs7. BSN MyHome and MyHome-i (linked to SJKP)Bank Simpanan Nasional (BSN) offers several MyHome and MyHome-i packages, some of which are linked to SJKP and target first time or lower income buyers, including those under Program Perumahan Rakyat.What they offerBSN MyHome (Hartanah Kediaman) and MyHome-i (Islamic) for residential propertiesFinancing margin up to about 95 – 100 percent plus possible coverage for MRTA MRTT and legal fees, subject to packageSpecial versions for PPR buyers and SJKP MADANI linked financing for irregular income earnersWho is it forMalaysian citizen, age 21 and above, not exceeding 70 at end of tenure\Regular or irregular income earners, depending on schemeSome packages are specific for first home, others allow refinancingProsBSN is one of the main partner banks for government housing schemesYou can sometimes get up to 100 percent style financing plus support from SJKP or SRPConsTerms differ by package, you really need to speak to BSN or an agent who understands the detailsYouth only schemes have changed over the years, so do not rely on outdated info from 2016–2020 articles8. Rumah Selangorku (State Affordable Housing)If you work or live in Selangor, Rumah Selangorku is still one of the most important state programmes.What it offersSeveral categories of low and medium cost apartments and housesDifferent unit types and sizes, usually priced between RM42,000 and RM250,000 for eligible categoriesWho is it forCommon criteria:Malaysian citizens who are residents or workers in SelangorHousehold income typically RM3,000 – RM10,000, depending on house categoryMust not already own property in SelangorSelection often based on a merit system, and cancellations can get you blacklisted for a periodProsVery attractive for young families working in Klang Valley but priced out of normal market projectsMany projects are in growing townshipsConsRestrictions on resale and renting out for the first few yearsApplication can be competitive and waiting time may be long9. E-Perumahan DBKL (Public Housing under DBKL)E-Perumahan DBKL covers public housing managed by Kuala Lumpur City Hall, including both rental and ownership options for low and medium low income households in KL.What it offersPublic housing flats with 1 to 3 bedroom layoutsRental units for very low income familiesOptions to purchase selected units later at controlled pricesSome medium low cost projects in areas like Gombak 2, Seri Tioman and othersWho is it forFrom DBKL information:Malaysian citizens who live or work in Kuala LumpurPriority for low income married couplesFor low cost homes, household income ceiling often around RM3,000For medium low cost homes, income ceiling around RM4,000ProsGood stepping stone if you want to stay within city limits but cannot afford private housingOption to convert from tenant to owner in some projectsConsUnit sizes are basic, usually smaller than many newer condosSupply is limited compared to demand, and location choices may not suit everyone10. Perumahan Penjawat Awam Malaysia (PPAM)If you are a civil servant, PPAM is a key affordable housing option that many people still overlook.What it offersApartments or landed homes at below market prices, often with decent sizes and facilitiesPrices typically around RM90,000 to RM300,000 depending on project and locationWho is it forMalaysian citizens who are federal or state civil servants, local authority staff or employees of statutory bodiesMonthly income usually below RM10,000, with some flexibility depending on projectProsTailored for government staff who want to own a home near their postingUsually more comfortable than typical low cost housingConsOnly for civil servants, not the general publicProject locations may be limited, depending on where you are postedOther schemes and incentives you should not ignoreEven if you do not qualify for the schemes above, 2025 and 2026 still offer strong support for first time buyers:Stamp duty exemptions (i-Miliki and related incentives)100 percent exemption on MOT and loan agreements for first homes up to RM500,00075 percent exemption for homes RM500,001 to RM1 millionExtended until end 2027 under Budget 2026Personal income tax relief on housing loan interestRelief up to RM7,000 per year for homes priced RM500,000 and below, RM5,000 for homes between RM500,001 and RM750,000, from YA 2025 to 2027State affordable housingMany states, such as Johor, Penang and Perak, run their own Rumah Mampu Milik programmes with specific rules on residency and income.So which scheme should you apply for?If you think like a normal Malaysian buyer in 2026, these are the usual paths:Fresh grad or young couple in Klang Valley, no savings for depositLook at PR1MA, Residensi Wilayah, and SRP or SJKP financing.Gig worker or business owner without payslipFocus on SJKP-backed loans and banks like BSN MyHome-i (SJKP MADANI).Family with own kampung land but old wooden houseConsider Rumah Mesra Rakyat (RMR) by SPNB.Civil servantShortlist PPAM first, then combine with SRP or SJKP if needed.Very low income family renting in cityPPR Disewa or PPR Dimiliki are still the main starting points.Final check before you applyBefore you submit any application in 2026, do two things:Confirm the latest criteria on the official portalRules like income ceiling, age limit and property price cap can change slightly every year or every budget cycle.Talk to a professional real estate negotiator or mortgage advisorMany buyers actually qualify for more than one scheme. Choosing the right combination of property type, location and financing is what really determines whether you can hold the property comfortably for 10 to 20 years.If you want someone to help you compare these programmes based on your income, debts and target area, you can always speak to an IQI agent. They can:Check your loan eligibility with different banksMatch you with PR1MA, Residensi Wilayah, PPAM or private projects that fit your budgetGuide you step by step from booking until key collectionOwning a home in Malaysia is still possible in 2026. The key is not to chase every scheme, but to pick one or two programmes that truly match your income, lifestyle and long term plan.Too many to choose from in finding the home of your dreams? Seek us out to assist you in the perfect affordable housing meant just for you.Our professional team will help you make the right choice, so leave your details below, and we will contact you soon![custom_blog_form]Continue reading:PPR & PPRT Malaysia 2026: Affordable Housing That Builds Hope and Dignity4 Essential Agent Fees When Selling a House in Malaysia 2026The Beginner’s Guide to Property Investment in Malaysia

Version: CN, BMYou’ve explored the advantages of becoming a real estate negotiator – from incentive trips to attractive bonuses and other rewarding benefits.Now that you’ve made the decision to begin this journey, and have chosen IQI as your preferred agency, we’re delighted to welcome you.The process of joining is straightforward. Below are the simple steps to get started as an IQI real estate negotiator.How to Become an IQI REN: Where to Submit your Information?Option 1. IQI Website/BlogOption 2: IQI Agent referral linkOption 3: IQI Social Media AdsHow to Become an Official IQI Real Estate Negotiator ?Step 1: Payment of Registration FeeStep 2: Attend New REN TrainingStep 3: Take the ExamStep 4: Attend 2-day NCC courseStep 5: Obtain certificate and REN tagStep 6: Receive your agent licenseStep 7: Become an IQI Real Estate NegotiatorWhere to Submit your Information?To become a real estate negotiator (REN), you will need to sign up with a registered estate agent from a real estate firm.Good news is, you're signing up with a registered firm of over 60,000 real estate professionals across the world!There are three ways you can sign up as a REN with IQI. You can choose one of the below:IQI website/blogIQI Agent referral linkIQI's social media adsLet's go through them one by one:Option 1. IQI Website/BlogThe first and easiest way is to visit the IQI website and click "Join IQI."Once you click on 'Join IQI', simply scroll down and fill in the form!Additionally, you can also apply to join IQI from their articles on the IQI blog.IQI frequently publishes articles on career, property and more (just like the one you're reading now!). At the bottom of each article is an application form for those interested to fill out and apply to join IQI. Simply fill it in and submit!Option 2: IQI Agent referral linkPerhaps you may know someone who is already a real estate agent in IQI.That'll bring us to our second method, which is to sign up with their referral link!If you have friends, colleagues, family members, or anyone you know who is part of IQI, you can directly contact them.Referral LinkThey will provide a referral link and guide you through joining IQI. Simply follow their steps to complete the registration process.Option 3: IQI Social Media AdsHave you seen any of our advertisements on social media such as Instagram, Facebook or TikTok?If you have, be sure to click the 'sign up' button!Simply provide your information and submit.What happens after I submit my form?Once that's done, you will need to wait for the IQI recruitment team to contact you.You will receive a phone call to confirm your interest in joining.The recruitment team will arrange an interview. When you complete the interview, you will be guided to do the necessary steps to become a REN with IQI. View this post on Instagram A post shared by Ashley Tan ? (@ashleytanys)How to Become an Official IQI Real Estate Negotiator?Once you have passed the interview, you are already halfway into joining IQI!However, to become an official IQI REN, there are a few more steps to follow:Step 1: Payment of Registration FeeAlthough real estate negotiation is a low-capital business, a registration fee will still be paid.The total fee can be obtained by contacting the team leader who interviewed you.If you joined IQI through a referral link from an existing IQI Real Estate Negotiator, you must register using that link and pay the fee.The registration fee will cost approximately RM250, so make sure to keep that aside.Step 2: Attend New REN TrainingOnce you have completed the payment, the next step is to participate in the 4-day New REN Training course.The monthly training course, covers topics such as sales processes and techniques, marketing skills, and legal knowledge to help you start your real estate career successfully.Currently, the New REN Training course is conducted through Zoom video conferencing for free!Step 3: Take the ExamWithin 24 hours of completing the New REN Training course, you are required to take the related online exam. Only by participating in and passing the exam (with a minimum score of 15 points) can you officially become an IQI real estate negotiator.Step 4: Attend 2-day NCC courseTherefore, after passing the New REN Training, you will also request to apply for the 2-day NCC course from IQI or the Malaysian Institute of Estate Agents (MIEA).IQI Real Estate Negotiator Photo taken from MIEA Johor Branch Facebook page This NCC course will also require a fee of RM636, so you should factor that into the cost as well.What is the total cost to become a REN?Let's summarize the cost for you so you can plan better:RM250 registration fee + RM636 NCC course = RM886*The total cost is just an estimation, we can't guarantee the accuracy of it as this could change from time to time.Step 5: Obtain certificate and REN tagYou will receive the relevant certification upon completing the two day course.You can then submit the required documents to IQI to apply for the purple REN tag.Step 6: Receive your agent licenseIt's important to note that only licensed real estate negotiators are authorized to sell properties. Once your documents have been approved, you will officially become a licensed agent, and you're ready to start your real estate journey!Step 7: Become an IQI Real Estate Negotiator Congratulations! You have successfully passed the exam and certification course. You're now officially an IQI REN!Now, you can enjoy IQI's benefits, such as incredible rewards and incentives, access to IQI's exclusive SuperApp ATLAS, IQPilot and the opportunity to sell global real estate projects via the IQI network.Start your journey with IQI! Fill out the form below to join us as a real estate negotiator.[custom_blog_recruit_form]Continue reading:In IQI, You Just Focus on Sales! Here’s How IQI Provides You with the Best Life as an Real Estate NegotiatorUnhappy in Current Job? Become a Real Estate Negotiator (REN) and Be Your Own Boss!From Delays to Dream Life: How Our IQI Real Estate Negotiators Pushed Through Difficulties and Won 4x Home Bonus