For gig workers, freelancers, and self-employed Malaysians without a payslip. Government-backed credit guarantee of up to RM20 billion. No fixed income document required.
Required for SRP applicants. Free online financial literacy module from the Credit Counselling and Debt Management Agency. Accessible via RumahKu portal.
First-time buyers purchasing property priced RM500,000 and below are exempt from MOT stamp duty until December 2027. Loan stamp duty of 0.5% still applies. Banks typically approve home loans where total monthly repayments do not exceed 70% of net income (DSR). Under Skim Rumah Pertamaku, eligible buyers aged 18 to 40 earning below RM5,000/month can access 100% financing on properties up to RM500,000. The current Standardised Base Rate (SBR) is 2.75% following the OPR cut in July 2025.