General Assessment

    Variable(2018)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
    back to top | Country Data:
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2010=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: 2015=100
    Notes: Cagamas is a liquidity facility
    Notes: Cagamas is a liquidity facility
    Notes: Cagamas is a liquidity facility
    Notes: Cagamas is a liquidity facility
    Notes: Cagamas is a liquidity facility
    Notes: CAGR based on 2012 median HH income
    Notes: CAGR based on 2014 median HH income
    Notes: Development Finance Institutions
    Notes: Development Finance Institutions
    Notes: Development Finance Institutions
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs
    Notes: Excludes DFIs and Malaysia Building Society
    Notes: Excludes DFIs and Malaysia Building Society
    Notes: Excludes DFIs and Malaysia Building Society
    Notes: Finance companies
    Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
    Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
    Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
    Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
    Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
    Notes: In April 2018, Malaysia Building Society transferred its shariah-compliant assets to its recently-acquired Asian Finance Bank (now renamed to MBSB Berhad). Thus, MBS now retains only conventional mortgages.
    Notes: June 2016
    Notes: June 2017
    Notes: June 2018
    Notes: LPPSA and Malaysia Building Society
    Notes: LPPSA and Malaysia Building Society
    Notes: LPPSA and Malaysia Building Society
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Malaysia Building Society
    Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
    Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
    Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
    Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
    Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
    Notes: Merchant banks
    Notes: Merchant banks
    Notes: Merchant banks
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
    Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
    Notes: Mortgage tenure is capped at 35 years
    Notes: Mortgage tenure is capped at 35 years
    Notes: Mortgage tenure is capped at 35 years
    Notes: Mortgage tenure is capped at 35 years
    Notes: Mortgage tenure is capped at 35 years
    Notes: Mortgage tenure is capped at 35 years
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: National figure
    Notes: No debt-service-ratio limit
    Notes: No debt-service-ratio limit
    Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
    Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
    Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
    Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
    Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
    Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
    Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
    Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
    Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
    Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
    Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
    Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
    Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
    Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
    Notes: unclear if urban or national rate