KUALA LUMPUR: RHB Banking Group and Cagamas Bhd today introduced a new conventional Green Home Financing scheme that provides Malaysians with up to 110 per cent financing for residential properties that carry recognised green building certifications.
RHB Banking Group managing director of group community banking Jeffrey Ng Eow Oo said many Malaysians want homes that are comfortable, efficient and better for the environment, but affordability often gets in the way.
"This collaboration helps close that gap. Our focus is on giving communities innovative financial solutions that genuinely address their needs while supporting long-term, sustainable living.
"By expanding access to certified green homes, we are helping more Malaysians make choices that benefit their families today and their future tomorrow,” he said in a statement today.
The scheme is designed to reduce upfront cash requirements by offering 100 per cent financing for the property value plus an additional 10 per cent for mortgage reducing term assurance or takaful.
The initiative is aligned with RHB’s PROGRESS27 corporate strategy and reflects the principles outlined in RHB’s Sustainable and Transition Finance Framework (STFF).
Under PROGRESS27, RHB is committed to mobilising RM90 billion in Sustainable Financial Services (SFS) by 2027. As at December 2025, the group’s cumulative SFS reached over RM59 billion, representing close to 66 per cent of its target.
Meanwhile, Cagamas president and chief executive officer Kameel Abdul Halim said the collaboration with RHB not only encourages the growth of green-certified homes, but also supports lenders ready to offer responsible, forward-looking products.
"Building on the success of earlier guarantee schemes such as Skim Rumah Pertamaku, Skim Perumahan Belia and the First Home Mortgage Guarantee Programme, all of which have enabled more than 100,000 Malaysians to own their first homes, the Green Mortgage Guarantee Programme adds a new dimension of environmental responsibility.
"It provides financial institutions with a valuable risk mitigation tool to advance environmental, social and governance-aligned lending, while giving homebuyers improved financing options for sustainable properties,” he added. - Bernama
