Bank Negara says 35 years housing loan tenure sufficient


Malaysia

In July 2016, outstanding housing loans extended by financial institutions continue to grow at 10.1% on-year and totalled RM460.2bil.  

About 75% of borrowers (approximately 1.5 million borrowers) with housing loans are first time house buyers.   

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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