Friday, 19 April 2024

Bank, Loan & Property

Bank Negara Malaysia  announced that the Statutory Reserve Requirement (SRR) Ratio will be increased from 3.0% to 4.0%, effective from 16 July 2011. The decision to raise the SRR is undertaken as a measure...
My First Home Scheme - Skim Rumah Pertamaku

Skim Rumah Pertamaku (SRP) - My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults who have just joined the workforce, earning RM5,000 per month...

In Budget 2013, in order to encourage the students to repay the Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) education loans in accordance with their repayment schedules, it is proposed a 10% discount per annum...

1) Propsective loan borrower will be assessed based on net income basis (instead of gross income) after deducting statutory deductions for tax and EPF and all other debt obligations (eg. car loan, other housing...
Latest Housing Loan Interest Rates in Malaysia - nbc.com.my

Banks Effective Interest Rate  (% per year) New Base Rate Flexi Loan? Lock in period   4.39% (BR + 4.39%) 0.00% No 5 years   4.45% (BR + 0.46%) 3.99% Yes 5 years   4.45% (BR + 0.55%) 3.90% No 5 years   4.45% (BR + 0.46%) 3.99% Yes 5 years   4.55% (BR + 0.53%) 4.02% Yes 3 years   4.60% (BR + 0.35%) 4.25% No None   4.65% (BR + 0.95%) 3.70% Yes 6 years   4.65% (BR + 1.45%) 3.20% Yes 3 years   4.65% (BR +...

In order to open the company bank account in Malaysia, you must first check with the bank yourself for more details & specific requirements. Do not expect your company secretary to KNOW EVERYTHING because: Different banks will...

Claim your housing loan interest as personal tax deduction/relief up to RM10,000 per year for 3 years of assessment (RM10,000 x 3 YAs = RM30,000 in total), if you buy a house before 31...

The limited supply of real property especially in urban areas has provided opportunities for speculative activities. Therefore, the Government proposes the real property gains tax (RPGT) from the disposal of properties made within a period...

Since the Bank Negara Malaysia imposes the ruling on the maximum loan-to-value (LTV) ratio of 70% cap with effect from 3 November 2010, it is expected there are many house purchasers affected by this...

In Budget 2013, in order to encourage the students to early repay the PTPTN loan, Prime Minister announced a discount of 20% will be given to the outstanding amount of education loan borrowed from...
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