Hong Leong Skim Rumah Pertamaku

    Hong Leong Skim Rumah Pertamaku is a loan scheme that offers up to 100% financing for first-time home buyers. This facility is in line with the government’s aim to help young citizens buy a house in Malaysia. Take a look at the features of this facility, and how it will benefit first time home buyers.

    Margin of Financing Up to 100%.
    Type of Financing Standard.
    Maximum loan tenure
    • Completed properties: Up to 35 years or 65 years of age, whichever is earlier.
    • Properties under construction: Up to 33 years or 65 years of age, whichever is earlier.
    Maximum Income Up to RM5,000 per month.

    Features and Benefits

    • The loan is for first time home buyers with income requirement not exceeding RM5,000.
    • The loan facility is only for residential properties, which have to be owner occupied.
    • The value of the property must be from RM100,000 to RM500,000.
    • Apply for this loan if you want a property for a lease period lesser than 60 years.
    • A copy of master/individual title is mandatory.

    Fees and Charges

    Processing Fee None
    Set-up Fees RM200
    Stamp Duty As per Stamp Duty Act 1949
    Legal Fees As per the scale in the Solicitors’ Remuneration Order (SRO)
    Termination Fees RM2,000
    Advance Payment Redrawing Service Fees RM50
    Late Payment Charges 1% of the unpaid balance


    Nationality Requirement Malaysians.
    Age Requirement Up to 40 years.
    Income Requirements Not exceeding RM5,000 per month.
    Other Criteria The debt repayment obligations of the borrower must not be more than 60% of their monthly income after tax, SOSCO, and other deductions, or the maximum limit of the lending bank, whichever is lower.
    Financing Requirements
    • Compulsory fire takaful/insurance.
    • Instalment paid through salary or standing instructions.
    • No redrawable features.

    Required Documents

    Applicant Payslips (latest 3 months).
    Latest Borang BE along with tax payment receipt.
    Latest EPF statement.
    Bank statement (latest 3 months) or Bank book.
    Letter of employment.

    How to Apply

    Offline Application
    • Go to the bank’s nearest branch.
    • Ask a bank’s representative for the application form for Hong Leong Skim Rumah Pertamaku.
    • Fill up the form.
    • Submit the filled form along with mandatory documents.
    Online Application
    • Go to the bank’s website.
    • Go to the specific product page.
    • Click on ‘application form’.
    • Fill up the application form provided.
    • Upload supporting documents.
    • Submit the filled form.

    This loan was a result of a government scheme in the 2011 budget where young young Malaysians can get up to 100% financing to purchase their own home. This loan can be taken for both completed properties, and those under construction.


    Q. I have just changed my company, and I now earn RM3,400 per month. Do I qualify for this loan?

    A. Though you fulfil the income criteria, you must be in the same company for at least a period of 6 months to apply for this loan.

    Q. Is this loan applicable for Islamic financing?

    A. Yes this loan is applicable to Islamic as well as conventional financing.

    Q. My partner is self-employed and I am a salaried professional. Can we apply for this loan?

    A. No, since you do not meet the income criteria, you will not be able to apply for this loan.

    Q. I am looking at a property worth RM300,000. Will I get 100% financing for the property?

    A.You can get 100% financing provided you meet the income requirement and all other criteria. Also, the valuation of the property will be as per the bank's underwriting policy.

    Q. What is Hong Leong’s current Base Rate?

    A. As of July 2018, the Hong Leong Base Rate is 4.03%.

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