Property Loan

Overview

Financing package to part finance the purchase or re-finance premises such as factory, shop-office or shop-lot in commercial complexes whether completed or under construction.

 

The package is bundled together with working capital to support business operations and/or additional fund.

Maximum Loan Amount

RM100,000 - RM10,000,000

Repayments 

6 Months - 20 Years

Interest Rate 

4%-9%

Speed

2 weeks

 

Facility

  • For completed and under construction premise/ building

  • For working capital financing

Our attractive pricing

  • Competitive Profit Rate

Benefits

  • Margin of financing of up to 150%* of Market Value (MV)

  • Longer tenure up to 30 years; with grace period of up to 6 months (for completed property) and 24 to 36 months (for property under construction)

  • Stamp Duty, Legal Fee, Mortgage Reducing Term Takaful (MRTT) and Valuation Cost can be included in the financing package*

  • Waiver for Fire & All Peril contribution (1st year only), actual cost of searches and actual cost for Discharge of Charge (if any)

  • No penalty for early settlement*

Eligibility

  • Sole-proprietor and Partnership

  • Private Limited Co within the National definition of SME

  • Individual business owner

*Terms & conditions apply