Favourite Articles

  • Property sector slows down amid economic turmoil

    The uncertainties over the world economic prospects have started to take a toll on the local property market.Transactions have been slowing down in the past…

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  • Hot grabs outside Klang Valley

    Major property developers have been snapping up large plots of land worth well over a billion ringgit, even as the global economic scene turned more…

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  • Hike in RPGT a realistic percentage, says minister

    The 5% increase in the real property gains tax (RPGT) for properties held for two years or less is a realistic percentage, according to the…

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  • Asian property investors most conservative

    Asian property investors are least likely to take investment risks, according to the annual Global Investor Sentiment Survey conducted by Colliers International.The global commercial real…

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  • Property prices on Penang more resilient, says expert.

    A leading property expert said he does not expect property prices in Penang to see a major correction if there is a global downturn.

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  • Low-cost housing projects lift other property prices

    Middle and high-end properties are getting more expensive partly because developers are passing on the costs they have to bear in building low-cost houses.

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  • Malaysia Budget 2012: Property sector highlights

    Malaysia Prime Minister Datuk Seri Najib Razak in tabling Budget 2012 in the Dewan Rakyat on Friday Oct 7, 2011 announced several proposals related to…

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  • MRT to have big impact on property prices

    Property valuers and developers expect the Klang Valley Mass Rapid Transit (MRT) project to have significant impact on the prices of residential and commercial properties…

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  • Malaysian Construction growth up 7%

    The construction sector is expected to get more prominence in the Economic Report 2011/2012 with its growth targeted at 7% in 2012 from 3.4% in…

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  • Malaysian Economic Outlook 2012

    The government projects the economic growth to pick up in 2012, with gross domestic product (GDP) expanding between 5% and 6%. This is a more…

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  • Malaysia property market to be stable.

    The Real Estate & Housing Developers' Association Malaysia (Rehda) is confident the property market can be stable amid the gloomy global economic outlook. Its chairman…

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  • The Malaysian Budget 2012

    The RM230.833 billion Federal Government Budget 2012 proposals, unveiled on Friday, Oct 7, will focus on seven core areas including reducing the impact of inflation…

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Malaysian Mortgages

People looking to buy property in Malaysia will be happy to know that there are no restrictions on foreign ownership of Malaysian property, in fact residency is automatically guaranteed for property owners depending on visa status. And last but not least, Capital Gains Tax in Malaysia has just been abolished.

Malaysian banks are eager to issue mortgages to overseas citizens. Malaysian mortgages are generally issued up front and local terms are often very liberal when compared to other countries, while some people can even secure up to 85% finance.

Although recent conditions have pushed interest rates to 6.75% from about 6% at the start of 2006, Kuala Lumpur property has still seen a boom in the kind of high-end condominium development that expatriate buyers and renters demand.

As a foreigner, you are normally allowed to borrow up to 70% and in most cases, Malaysian banks are more than willing to finance your Malaysian real estate purchase. Loans are granted on the proviso that the property value is RM 250,000 or more. There is no upper limit to the cost of properties that may be purchased by overseas purchasers of property in Malaysia. The current base lending rate is 6.8% per annum (end 2006). Loans are for a maximum period of 45 years or up to age 75, whichever is earlier.

View a selection of typical Mortgage Deals.

Finding a loan in Malaysia can be complicated and confusing because of the banks’ increasingly competitive interest rates and aggressive marketing. We offer to help you to find your ideal loan. We make finding your loan easy. We compare the various loans and recommend you the loans most suited to your needs.

We offer you choice, convenience and a high quality service.

Contact Us for details.

 
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