Bank Negara Malaysia
Central Bank of Malaysia
Jalan Dato’ Onn,
50929 Kuala Lumpur.
T +603 2698 8044
F +603 2691 2990
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www.bnm.gov.my

Building Management Association of Malaysia
(BMAM)
2-3-37, Third Floor,
Wisma Rampai, Jalan 34/26,
Taman Sri Rampai, Setapak,
53300 Kuala Lumpur.
T +603 4149 1719 / 1082
F +603 4143 4739
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Construction Industry Development Board (CIDB)
Lembaga Pembangunan Industri Pembinaan Malaysia
Tingkat 7, Grand Seasons Avenue,
72 Jalan Pahang,
53000 Kuala Lumpur.
T +603 2617 0200
F +603 2617 0220
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www.cidb.gov.my

Department of Immigration Malaysia
Ministry of Home Affairs,
Level 1-7 (Podium)
15 Persiaran Perdana, Precint 2,
62550 Putrajaya.
T +603 8880 1000
F +603 8880 1200
www.imi.gov.my

Dewan Perniagaan Melayu Malaysia Kuala Lumpur
(DPPM)
The Kuala Lumpur Chamber of Commerce
17th Floor,Plaza Pekeliling,
Jalan Tun Razak,
50400, Kuala Lumpur.
T +603 4041 8522
F +603 4041 4502
www.klmcc.com

FIABCI Asia Pacific
International Real Estate Federation Asia Pacific
Suite E-12-12,
Plaza Mont’ Kiara,
2 Jalan Kiara, Mont’ Kiara,
50480, Kuala Lumpur.
T +603 6203 9728 / 29
F +603 6203 9727
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www.fiabci-asiapacific.com

FIABCI Malaysia
International Real Estate Federation Malaysia
Suite E-12-10,
Wisma Sunrise,
Plaza Mont Kiara,
2 Jalan Kiara, Mont Kiara,
50480, Kuala Lumpur.
T +603 6203 5090 / 5091
F +603 6203 4090
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www.fiabci.com.my

Fire Prevention Council Malaysia
(FIPCOM)
Level 4, Block B North,
Damansara Town Centre,
50644 Kuala Lumpur.
T +6019 261 9657
F +603 2092 5063
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www.fipcom.org.my

Institut Bank-Bank Malaysia
(IBBM)
Institute of Bankers Malaysia
Wisma IBI, 5 Jalan Semantan,
Damansara Heights,
50490 Kuala Lumpur.
T +603 2095 6833
F +603 2095 2322
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www.ibbm.org.my

Institut Penilaian Negara
(INSPEN)
National Institute of Valuation
5 Persiaran Institusi Bangi,
43000 Kajang, Selangor.
T +603 8925 9377 / 8925 9358
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www.inspen.gov.my

Institut Perekabentuk Dalaman Malaysia
(IPDM)
Malaysian Institute of Interior Designers
4 & 6 Jalan Tangsi,
50480 Kuala Lumpur
T +603 2691 5607
F +603 2694 6434
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www.ipdm.org.my

Iskandar Regional Development Authority
(IRDA)
Suite 5-3, 5th Floor, Block 3B,
Plaza Sentral, Jalan Stesen Sentral 5,
50470 Kuala Lumpur.
T +603 2260 6777
F +603 2260 7999
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www.iskandarmalaysia.com.my

Jabatan Kerja Raya Malaysia
(JKR)
Malaysian Public Works Department (PWD)
Ibu Pejabat, Jabatan Kerja Raya,
Jalan Sultan Salahuddin,
50582 Kuala Lumpur.
T +603 2691 9011
F +603 2698 8187

Jabatan Penilaian dan Perkhidmatan Harta
(JPPH)
Valuation and Property Services Department
Aras 9, Perbendaharaan 2,
7 Persiaran Perdana, Presint 2,
62592 Putrajaya.
T +603 8886 9000
F +603 8886 9001
www.jpph.gov.my

Jabatan Perancangan Bandar dan Desa
SEMENANJUNG MALAYSIA
Jalan Cenderasari,
50646 Kuala Lumpur.
T +603 2698 9211
F +603 2692 9994
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www.townplan.gov.my

Kementerian Perumahan dan Kerajaan Tempatan
Ministry of Housing and Local Government
Level 3-7, Block K,
Damansara Town Centre,
50782 Kuala Lumpur.

Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA)
Ministry of Energy, Green Technology and Water
Block E4/5 Parcel E,
Federal Government Administrative Centre,
62668 Putrajaya.
T +603 8883 6200
F +603 8889 3712
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www.kettha.gov.my

Malaysia Green Building Confederation
4 & 6 Jalan Tangsi,
50480 Kuala Lumpur.
T +603 2698 8235
F +603 2698 8236
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
www.mgbc.org.my

Malaysia My Second Home Centre
(MM2H)
Ministry of Tourism Malaysia,
Level 23, Menara Dato’ Onn,
Putra World Trade Centre,
50695 Kuala Lumpur.
T +603 2696 3367 / 3354 / 3361 / 3351 / 3366
F +603 2698 8533
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www.mm2h.gov.my

Malaysia Property Incorporated
(MPI)
Unit 6-03A,
Level 6,
Menara UAC,
12 Jalan PJU 7/5,
Mutiara Damansara,
47800 Petaling Jaya,
Selangor.
T +603 7724 1878
F +603 7724 1877
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www.malaysiapropertyinc.com

Malaysian Associated Indian Chamber of Commerce and Industry
(MAICC)
Megan Avenue 11,
Block B, 9th Floor,
Unit 1,12,
Jalan Yap Kwan Seng,
50450 Kuala Lumpur.
T +603 2171 2616
F +603 2171 1195
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www.maicci.org.my

Malaysian Institute of Estate Agents
(MIEA)
Unit C-27-05,
Three 2 Square,
2 Jalan 19/1,
46300 Petaling Jaya,
Selangor.
T +603 7960 2577
F +603 7960 3757
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www.miea.com.my

Master Builders Association Malaysia
(MBAM)
2-1 (1st Floor),
Jalan 2/109E,
Desa Business Park,
Taman Desa,
Off Jalan Klang Lama,
58100 Kuala Lumpur.
T +603 7984 8636
F +603 7982 6811
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www.mbam.org.my

Ministry of Tourism Malaysia
Kementerian Pelancongan Malaysia
Dato Onn Tower,
Putra World Trade Centre,
45 Jalan Tun Ismail,
50480 Kuala Lumpur,

National House Buyers Association
31 Level 3,
Jalan Barat,
Off Jalan Imbi,
55100, Kuala Lumpur.
T +603 2142 2225 / +6012 3345 676
F +603 2260 1803
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www.hba.org.my

Performance Management and Delivery Unit
(PEMANDU)
Level 3, Block Timur, Perdana Putra Building,
Federal Government Administrative Centre
62502 Putrajaya.
F +603 8888 7107
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www.pemandu.gov.my

Persatuan Kontraktor India Malaysia
(PKIM)
Malaysian Indian Contractors Association Malaysia
No. 544-2A, Batu Complex,
Batu 3, Jalan Ipoh,
51200 Kuala Lumpur.
T +603 6257 8045 / 7944
F +603 6257 4944
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www.pkim.org.my

Persatuan Kontraktor Melayu Malaysia
(PKMM)
Malaysian Malay Contractor Association
No.26, Jalan 3/3c, Sri Utara Batu Caves,
68100 Batu Caves,
Selangor.
T +603 6250 5066
F +603 6250 4066
www.pkmm.org.my

Persatuan Pengurusan Kompleks Malaysia
(PPKM)
Malaysian Association for Shopping and High-rise Complex Management
A113, 1st Floor, Block A,
1 Jalan SS 20/27, Damasara Intan,
47400 Petaling Jaya,
Selangor.
T +603 7727 6202 / 6232
F +603 7727 6203
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www.ppkm.org.my

Persatuan Penilai, Pengurus Harta, Ejen Harta & Perunding Harta Swasta Malaysia
(PEPS)
Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia
2nd Floor, Bangunan Juruukur,
No 64-66, Jalan 52/4,
46200 Petaling Jaya,
Selangor.
T +603 7960 1318
F +603 7960 1518
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www.peps.org.my

Pertubuhan akitek Malaysia
(PAM)
Malaysian Institute of Architects
4 & 6 Jalan Tangsi,
50480 Kuala Lumpur,
T +603 2693 4182
F +603 2692 8782
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www.pam.org.my

Real Estate and Housing Developers’ Association Malaysia
(REHDA)
REHDA Malaysia,
50G-3, 50H-3, 50I-3 Kelana Mall,
Jalan SS 6/14, Kelana Jaya,
47301 Petaling Jaya,
Selangor.
T +603 7803 2978
F +603 7805 1206 / 7803 5285
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www.rehda.com

Sabah Development Corridor
(SDC)
Lot 1, Wisma SEDIA,
Off Jalan Pintas Penampang,
88873, Kota Kinabalu,
Sabah.
T +6088 450650
F +6088 450699
www.sdc.gov.my

Sabah Housing and Real Estate Developers Association
(SHAREDA)
Lot 1-3 (F), 3rd Floor, Beverly Hills Plaza,
Jalan Bundusan,
88300 Kota Kinabalu,
Sabah.
T +6088 720 848 / 722 849
F +6088 720 843
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www.shareda.com

Sarawak Corridor of Renewable Energy
(SCORE)
6th, 7th & 9th Floor, Wisma Bapa Malaysia,
93502 Kuching,
Sarawak.
T +6082 49276 / 85
F +6082 449481/442536
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
www.spu.sarawak.gov.my

Sarawak Housing and Real Estate Developers Association
(SHEDA)
Sub-lot 42, 2nd Floor,
Tabuan Stutong Commercial Centre,
Jalan Setia Raja,
93350 Kuching,
Sarawak.
T +6082 366 334 / 434 / 960
F +6082 365 001
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www.sheda.org.my

The Chinese Chamber of Commerce and Industry of Kuala Lumpur and Selangor
(KLSCCCI)
7th Floor, Wisma Chinese Chamber,
258, Jalan Ampang,
50450, Kuala Lumpur.
T +603 4253 2135
F +603 4253 2524
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www.chinesechamber.org.my

The East Coast Economic Region
(ECERDC)
Level 69, Tower 2,
PETRONAS Twin Towers,
Kuala Lumpur City Centre,
50088 Kuala Lumpur.
T +603 2035 0021 / 22
F +603 2035 0020
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www.ecerdc.com.my

The Institution of Surveyors, Malaysia
(ISM)
3rd Floor, Bangunan Juruukur,
64-66, Jalan 52/4,
46200 Petaling Jaya,
Selangor.
T +603 7954 8358 / 7955 1773 / 7956 9728
F +603 7955 0253
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www.ism.org.my

The Malaysian Association of Hotels
(MAH)
Persatuan Hotel Malaysia
C5-2, Wisma MAH,
Jalan Ampang Utama 1/1,
One Ampang Avenue,
68000 Ampang.
T +603 4251 8477
F +603 4252 8477
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www.hotels.org.my

The Northern Corridor Economic Region
(NCER)
No. 4, Jalan Residensi,
10450 Pulau Pinang
T +604 7329 881
F +604 7342 881
www.ncer.com.my

The Malaysian Bar Council
Badan Guaman Malaysia
No. 13, 15 & 17,
Leboh Pasar Besar,
50050 Kuala Lumpur.
T +603 2031 3003
F +603 2026 1313
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
www.malaysianbar.org.my

Tribunal for Homebuyers Claims
Ministry of Housing and Local Government
Level 2, Blok B (South),
Damansara Town Center,
50782 Kuala Lumpur.
T +603 2092 4488 / 2099 8405 / 2099 8402
F +603 2093 4776 / 2095 9309
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ehome.kpkt.gov.my

Unit Perancang Ekonomi
Economic Planning Unit (EPU)
Blok B5, Kompleks Jabatan Perdana Menteri,
Pusat Pentadbiran Persekutuan,
62502 Putrajaya.
T +603 8872 3333
F +603 8888 3755
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www.epu.gov.my

Quality Assessment System in Construction (QLASSIC) is a system or method to measure and evaluate the quality of workmanship of a construction work based on the relevant approved standard (Construction Industry Standard - CIS 7:2006). QLASSIC enables the quality of workmanship between construction projects to be objectively compared through a scoring system.

Scope of QLASSIC

QLASSIC sets out the standard on quality of workmanship for various construction elements of building and infrastructure construction work. The quality of workmanship of a construction work is assessed according to the requirement of the relevant standard, and marks are awarded if the workmanship complies with the standard. These marks are then summed up to calculate the QLASSIC Score (%) for a construction project.

QLASSIC assessments are carried out through site inspection and use the principles of first time inspection. Construction works that are rectified after an assessment will not be re-assessed.

Objective of QLASSIC

• To benchmark the quality of workmanship of the construction industry
• To establish a standard quality assessment system on quality of workmanship of construction work
• To assess the quality of workmanship of a construction project based on the relevant approved standard
• To be used as a criterion to evaluate the performance of contractors based on quality of workmanship
• To compile data for statistical analysis

QLASSIC Assessors

QLASSIC assessment on a construction project shall be carried out by assessors that have no interest and any relationship with that project.Only assessors who passed the QLASSIC training course and hands on site assessments are qualified to be registered with CIDB (Construction Industry Development Board) as QLASSIC Assessors.

Assessment Approach and Sampling Process

Prior to carrying out the assessment, construction elements that need to be assessed are pre-determined through a sampling and statistical approach. The sampling is based on the gross floor area (GFA) of the building.  These samples will be distributed evenly throughout the project or various construction stages according to the type of building, location and weightage specified in the CIS 7: 2006.

Assessment samples are selected from drawings and plans of the relevant construction project.

All locations in the construction project shall be made available for the assessment. This is to ensure that the selected samples adequately represent the entire construction project.

Construction Industry Standard (CIS 7:2006) on Quality Assessment System for Building Construction Work

This CIS 7 was developed in November 2006 by CIDB’s Technical Committee (TC) that comprises of representatives from Public Works Department (PWD), Jabatan Perumahan Negara (JPN), Real Estate and Housing Developers’ Association (REHDA), Pertubuhan Akitek Malaysia (PAM), Master Builders Association Malaysia (MBAM), National House Buyers Association (HBA) and other relevant organizations. This standard specifies requirements on quality of workmanship and assessment procedures for building construction work. The requirements in this standard are divided into four main building components.

A. Structural Works

Assessment is carried out throughout the various construction stages. The numbers of samples are determined based on the gross floor area of the building, with a minimum and maximum number of samples. Structural work assessment comprises of the following building elements:

• Formwork Rebar
• Finished concrete
• Concrete quality
• Steel reinforcement quality
• Precast specific requirement
• Concrete uniformity
• Concrete cover

B. Architectural Works

Assessment is carried out upon project completion with Certificate of Practical Completion (CPC) and prior to handing over. The numbers of samples are determined based on the gross floor area of the building, with a minimum and maximum number of samples.

Architectural work deals mainly with the finishes. This is the part where the quality and standards of workmanship are most visible. Architectural work assessment comprises of the following building elements:

• Internal Finishes
• Floor
• Wall
• Ceiling
• Door
• Window
• Fixture
• Roof
• External Wall
• Apron & Perimeter Drain
• Material & Functional Tests

C. Mechanical and Electrical (M & E) Works

The numbers of samples are determined based on the gross floor area of the building with a minimum and maximum number of samples. Assessment is carried out throughout the various construction stages or upon project completion with Certificate of Practical Completion (CPC) and prior to handing over. M & E work assessment comprises of the following building elements:

• Electrical work
• Air-conditioning and mechanical ventilation work (ACMV)
• Fire protection work
• Sanitary and plumbing work
• Basic M & E fitting

D. External Works

Assessment is carried out upon project completion with Certificate of Practical Completion (CPC) and prior to handing over. The numbers of samples are determined based on 10m length section or per location with a minimum number of samples. External work assessment comprises of the following building elements:

• External drain
• Road work and car park
• Link-way or shelter
• Footpath and turfing
• Playground
• Court
• Fence and gate
• Swimming pool
• Electrical substation
• Rubbish chamber
• Guard house

CIS 7 also specifies the sampling guideline and the weightage allocated according to component and building category (see Allocation of Weightage According to Component and Building Category).

The weightage system is aimed at making the score quantitative in representing the quality of workmanship of a building. It takes into consideration the distribution between the cost proportions of the four components in various buildings and their aesthetic considerations.

Each building category comprises the following:

Category A, Landed Housing – Detached, Semi-Detached, Terrace and Cluster House.

Category B, Stratified Housing – Flat, Apartment, Condominium, Serviced Apartment and Town House.

Category C, Public Building – Office Building, School and other related facilities/buildings intended for public use.

Category D, Special Public Building – Hospital and Airport only.

Allocation of Weightage According to Component and Building Category

Category A
Landed Housing
Structural Work (%)	25
Architectural Work (%)	60
M&E Work (%)	5
External Work (%)	10
Total Score (%)	100

Category B
Stratified Housing
Architectural Work (%	30
Structural Work (%)	50
M&E Work (%)	10
External Work (%)	10
Total Score (%)	100

Category C
Stratified Housing
Structural Work (%)	30
Architectural Work (%)	45
M&E Work (%)	15
External Work (%)	10
Total Score (%)	100

Category D
Special Public Building
Structural Work (%)	30
Architectural Work (%)	35
M&E Work (%)	25
External Work (%)	10
Total Score (%)	100

APPLY TO CIDB

• developers/project owners/contractors to submit application

SCOPE OF ASSESMENT

• architectural work
• structural work
• M & E work
• external work

SAMPLING BY ASSESSOR

• no. of samples to be assessed are based on the sampling guidelines in CIS (GFA)
• location of samples are predeterminied and marked in the constuction drawing

ONSITE ASSESSMENT

• Independent and qualified assessors to carry out assessment
• quality of workmanship are based on requirements CIS 7
• assessment form

QLASSIC SCORE (%)

CIDB to Issue assessment report on project basis

MM2H benefits

1. All MM2H participants are entitled to purchase one duty-free car and must be locally assembled. Valid for one year upon the date of endorsement of the MM2H stickers. The second car onwards will be at the current market rate.
2. MM2H participants can buy more than one unit of property but each must be valued above RM500,000.
3. MM2H participants are given an I-Card by the Malaysian government for their convenience when traveling around Malaysia.
4. MM2H participants wishing to withdraw their money from the Fixed Deposit accounts can do so after one year for the purpose of buying properties, children’s education and medical expenses.
5. A special counter is allocated for MM2H participants in KLIA.
6. Qualified MM2H participants aged 50 and above are allowed to work in selected industries for not more than 20 hours per week.
7. MM2H participants are allowed to invest and actively participate in business, subject to existing government’s policies, regulations and guidelines.
8. All MM2H participants will now enjoy a 10-year Social Visit Pass, subject to the validity of their passports.
9. Employment Pass holders wishing to participate in the MM2H program are exempted from the “cooling off period” on the condition that their application to participate in the program is submitted three months prior to the expiry of their Employment Pass.
10. MM2H participants can bring their unmarried children as dependents under the program provided they are aged 21 and below. They also can bring their stepchildren, disabled children and parents as dependents under the program.

Improvements on MM2H (as of 13 February 2009)

1. Qualified MM2H participants aged 50 and above with specialized skills and expertise that are required in the critical sectors of the economy are allowed to work on a part time basis.
2. The approval to work part time is subject to the following conditions
   • The application is approved by the MM2H Special Committee.
   • The work contract needs to state that MM2H participants are working on a part time basis with work schedule attached.
   • Total number of work hours a week does not exceed 20 hours.
3. MM2H participants are allowed to invest and actively participate in business, subject to existing government policies, regulations and guidelines which are in force for the relevant sectors.
4. Foreign spouses of Malaysian nationals are eligible to apply for MM2H, subject to the terms and conditions of the MM2H program. Alternatively, they have the option to apply for the Spouse Program.
5. The 10-year Social Visit Pass is extended to all Silver Hair and MM2H participants who were previously approved under the five-year Social Visit Pass, subject to the validity of their passports.
6. Employment Pass holders who wish to participate in the MM2H program are exempted from the “cooling off period” on the condition that their application to participate in MM2H program is submitted three months before the expiry of the Employment Pass.
7. ID Cards will be issued to MM2H participants with permanent address in Malaysia. This is validated by submitting the Sale and Purchase Agreement or Tenancy Agreement in Malaysia.
8. Age limit of unmarried dependent children is raised from 18 years old to 21 years old. A declaration stating that the child is unmarried and all expenses during the stay in Malaysia will be borne by the principal participant of the MM2H program is required.
   • a. “Dependents” include unmarried children aged 21 years and below, step-children, disabled children and parents.
9. As of 1 January 2010, MM2H participants are subject to 5% Real Property Gain Tax (RPGT) if their properties are disposed within the five years time frame.

4 Most Important Entry Requirements

Aged 50 and above

1. Proof of monthly income (off-shore) of not less than RM10,000.
2. Latest three months personal bank statement with the current closing balance of above RM350,000.
3. To show a Letter of Good Conduct.
4. To open a fixed deposit account in any local bank for the sum of RM150,000 after approval.

Aged 50 and below

1. Proof of monthly income (off-shore) of not less than RM10,000.
2. Latest three months personal bank statement with the current closing balance of above RM500,000.
3. To show a Letter of Good Conduct.
4. To open a fixed deposit account in any local bank for the sum of RM300,000 after approval.

Requirements for Opening of Fixed Deposit Account Aged 50 and above

1. Minimum deposit, RM150,000.
2. Minimum lock-in period, ONE year. Auto renewal is recommended.
3. Request for TWO receipts upon application:
   • For the sum of RM50,000.
   • For the sum of RM100,000.
4. An official letter from the bank after successful opening of the account.

Aged 50 and below

1. Minimum deposit, RM300,000.
2. Minimum lock-in period, ONE year. Auto renewal is recommended.
3. Request for FOUR receipts upon application:
   • TWO receipts for the sum of RM100,000.
   • TWO receipts for the sum of RM50,000.
4. An official letter from the bank after successful opening of the account.

MM2H Agents’ Fees (as approved by the Ministry of Tourism Malaysia)

Stage 1: Application Process, RM7,000 (maximum)

1. Provide advice and consultation to the applicants on the latest rules and regulations.
2. Preparation of required documents for application and submission purposes to the Immigration Department and Ministry of Tourism.
3. Signing of Personal Bond with applicants on behalf of the Malaysian Government to guarantee good conduct of the participants throughout their stay in Malaysia.
4. Follow up on application.

Stage 2: Assisting Participants to Relocate to Malaysia, RM3,000 (maximum)

1. Arrange for transportation and accommodation for participants upon their arrival in Malaysia.
2. Assist participants to open fixed deposit accounts and arrange for insurance policies and medical reports (if required).
3. Bring participants to the Immigration Department to pay Visa fees.

Total fee, RM10,000 per participant (maximum).

Additional Services available – Prices are negotiable with Agents

• Rent or purchase properties.
• Application for AP imported cars.
• Application for housemaids.
• Application for car tax exemption.
• Arrangement to bring their belongings from overseas.
• Registration for student passes for schools or colleges (for applicant’s children).
• Application to withdraw from fixed deposit accounts after a period of one year.
• Registration for phone lines or electricity or water supply for participants’ properties.
• Consultation on travel packages available or on purchasing of properties.
• Any other additional services upon request or proposed by the companies.

Home Finder, Official Magazine of the Malaysia My Second Home Agents’ Association

CITIBANK BHD

Citibank Housing Loan Daily interest calculation. Monthly installments for completed properties. Interest-only payments for under-construction properties. Option to commence installments during construction. EPF withdrawal to reduce principal amount. Optional MLTA or MRTA insurance plan.

Citibank FlexiHome Loan Daily interest calculation. Flexible repayment and withdrawal. Option to commence principal repayments during under construction period. No monthly maintenance fee. Optional MLTA or MRTA insurance plan.

Citibank Homecredit Loan Flexible repayment and withdrawal. Integrated to deposit accounts. No maintenance or commitment fee. Access to cash over the counter, via ATM, online or checking account. Optional MLTA or MRTA insurance plan.

Citibank Home Partner-i Islamic loan. Capped floating rate. Daily interest calculation. 1 month payment holiday available. Flexible repayment. 20% rebate on stamp duty.

Citibank Mortgage Power Daily interest calculation. Integrated to deposit accounts. Flexible repayment and withdrawal. On-demand credit line until age 50. Multi-tiered overdraft interest rates. No maintenance fee. Optional MLTA or MRTA insurance plan.

Citibank Mortgage Power Daily interest calculation. Integrated to deposit accounts. Flexible repayment and withdrawal. On-demand credit line until age 50. Multi-tiered overdraft interest rates. No maintenance fee. Optional MLTA or MRTA insurance plan.

Citibank ShopHouse Loan Refinance business premises for extra cashflow. Flexible repayment. Daily interest calculation. Optional MLTA or MRTA insurance plan.

Citibank Business Power Loan Integrated account with Business Premises Loan and Checking account. Daily interest calculation. Optional MLTA or MRTA insurance plan.

Malayan Banking Bhd

MaxiHome Up to 95% financing. Loan tenure up to 40 years or age 65. Repayment less than 40% of monthly income. Overdraft facility from BLR – 1.60%. Allows monthly installments to be adjusted. Individuals, joint-applicants, residents and non-residents. Rates from BLR – 2.20% Fixed rate packages available from 4.50% for first year, 5.00% for first 5 years and 5.85% for first 10 years.

MaxiHome Plus For properties under construction Zero payment during construction for properties valued at RM100,000 and above. Bullet payment of up to 50% of principal amount at the end of loan tenure for properties valued at RM100,000 and above. Minimum monthly income of RM5,000 and only applicable to Non Zero Entry Cost cases. Loan tenure up to 40 years of 70 years of age for properties valued at RM100,000 and above. For professionals and graduates only, age 25 to 35 during loan application and only applicable to Non Zero Entry Cost cases. 4.50% for first year, 5.00% for first For completed properties Bullet payment of up to 50% of principal amount at the end of loan tenure for properties valued at RM100,000 and above. Minimum monthly income of RM5,000. Only applicable to Non Zero Entry Cost cases. Loan tenure up to 40 years of 65 years of age for properties valued at RM100,000 and above. For professionals and graduates only, age 25 to 35 during loan application and only applicable to Non Zero Entry Cost cases

Maxi Flexibility Properties above RM75,000. Option to choose term loan, overdraft or both. Allows refinancing, from BLR – 1.80%. Allows remortgage of fully paid properties or properties free from encumbrances. Allows additional financing up to 90% of property.

MaxiHome-i Islamic loan. Up to 100% financing. Loan tenure up to 30 years or age 60 Minimum loan RM10,000. Minimum property value RM50,000. Rebate for early settlement. For residential properties only. For individuals, joint applicants, residents and non-residents. Allows third party financing. Non Zero Entry Cost.

Home Financing-i Islamic loan. From BFR – 3.50%. Up to 100% financing. Loan tenure up to 10 years. Fixed monthly repayment. Minimum loan, RM10,000. Minimum property value, RM50,000. For individuals, joint applicants, residents and non-residents. Allows third party financing. Rebate for early settlement. Non Zero Entry Cost.

MaxiShop Financing for commercial properties. Up to 85% financing. Daily interest calculation. Option to pay nothing during construction period. Option to service interest only for the first 5 years. Flexible repayment and withdrawal. From BLR – 1.90% or fixed rate at 4.90% for first 3 years and 5.50% for first 5 years.

MaxiShop-i Islamic loan. Fixed monthly repayment. Minimum property value, RM50,000. Minimum property value, RM50,000. For individuals, joint applicants, residents and non-residents. Allows third party financing. Variable rate financing.

Overseas Mortgage Loan Scheme From BLR – 1.80%. Up to 85% financing in Ringgit Malaysia. Loan tenure up to 30 years or 70 years of age. MRTA, legal fee and valuation fee can be financed. Choice of Term Loan, Overdraft or a Combination of Term Loan and OD. Completed or off plan properties, residential and commercial properties located in prime areas of London from Zone 1 – 3. Own occupation or investment purposes. Flexible repayment and withdrawal. Citizens and permanent residents of Malaysia.

HomeEquity-i Islamic loan. Up to 100% financing. Individual applicants age 21 to 65 and businesses.

Information published is merely a guide and does not represent itself as an investment advice. Products and its features are subject to change by the respective financial institutions without notice to the Publisher. Information is accurate at press time and the Publisher is not liable for any action taken based on the published information. For more accurate and updated information of the products and its features, please contact the respective financial institutions.