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OCBC Overseas Property Financing

OCBC Overseas Property Financing is a loan scheme for those who are planning to buy properties for investment purposes in London and Australia. This is a flexible loan facility, which gives you the option to make extra payments and withdraw funds when you need it.

Financing scheme for property investment in London

Margin of Financing Up to 70%.
Type of Financing Flexi.
Loan Tenure 35 years or up to 70 years of age, whichever is earlier.
Interest Rate Base rate + spread (current base rate is 4.08% p.a.).

Financing scheme for property investment in Australia

Margin of Financing Up to 70%.
Type of Financing Flexi.
Loan Tenure 35 years or up to 70 years of age, whichever is earlier.
Interest Rate Base rate + spread (current base rate (BR) is 4.08% p.a.).

Features and Benefits

  • The facility is applicable for completed properties and properties under construction.
  • The interest commences from the date of first release of loan.
  • Financing is available for property investment in London and Australia.
  • Loan will be given in Ringgit Malaysia without foreign exchange risks on your monthly repayment.
  • You can make repayments and withdraw funds when you need to.

Fees and Charges

Processing Fee Waived.
Stamp Duty As per Stamp Duty Act 1949.
Late Payment Charges 1% p.a. on the outstanding balance.
Legal Document Charges RM10 per document.

Required Documents

Applicants
  • 1 NRIC copy (both sides).
  • Bank statement.
  • Salary slips.

How to Apply

Telephonic Application
  • Get in touch with the bank’s contact centre.
  • Express your interest to apply for the OCBC Overseas Property Financing loan.
  • A representative of the bank will assist you with the application process.
Offline Application
  • Visit OCBC Bank’s nearest branch.
  • Request for an application form for OCBC Overseas Property Financing loan.
  • Fill up the application form.
  • Submit the filled form and the supporting documents.

You can expand your investment overseas with the OCBC Overseas Property Financing. With this flexible loan scheme, you can make repayments or withdraw funds as per your requirements. Before applying for this loan facility, you can go through the charges and features for a better idea of the product.

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