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Malaysia’s Mortgage Loan Applications Hold Steady, Approvals Rise in 2023

Cumulative mortgage loan applications for the first nine months of 2023 (9M 2023) in Malaysia reached RM337 billion. This figure reflects a modest 3.2 percent decline compared to the previous year (YoY). However, it's important to note that it still surpasses pre-pandemic levels. In the third quarter of 2023 (3Q 2023), mortgage loan applications saw a notable increase, rising by 1.3 percent...

Housing loan checklist documents you need to prepare if youre an employed person

A Guide to Mortgage Plans for Homebuyers in Malaysia

When purchasing a home, most people rely on loans from banks to finance their dream. Just like shopping for a perfect pair of shoes, there are various mortgage options available in Malaysia. To help you choose the best fit, here's a list of basic mortgage plans and some essential information to consider. 1. Term/Conventional/Fixed-Rate Home Loan Best for: Those with a fixed monthly income who want...

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