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My First Home Scheme/ Skim Rumah Pertamaku

  • My First Home Scheme / Skim Rumah pertamaku (SRPor the Scheme) is a home ownership targeted at young urban adults to own a home.

    [*]Meant for 1st time homebuyers earning less than RM5,000/month.

    [*]The scheme allows homebuyers to obtain up to 100% financing fromthe Bank, i.e. without having the need to pay a 10% down payment Cagamas NewCo (CagaNewCo) will guarantee the 1st 10% on a first-lossbasis, and the guarantee fee borne by the Government of Malaysia (GOM).

  • First time home buyer Malaysian citizen
  • Young Adults (defined as up to 35 years old at point of date of financing application).
  • Joint applicant with combined gross income of up to RM10,000, with single
  • customer income not exceeding RM5,000/month.(Revised as at 1/1/2013)
  • Total commitment amount =< 60% of net income


  • Residential property valued between RM 100,000 and RM 400,000
  • Property must be for residential purpose (*Owner-occupied) , located in Malaysia and in compliance with relevant regulations under the Malaysia laws.
  • Leasehold property: Remaining leasehold tenure of at least 20 years.

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