Tag Archives: Lifestyle

OPR Interest Rate By Bank Negara Malaysia

Overnight Policy Rate

Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR) by 25 basis points (bps) to a record low of 1.75% .

  • Including latest Overnight Policy Rate cut, BNM has slashed the OPR four times so far this year for a cumulative 125bps reduction
  • Jan 22, 2020, BNM cut the OPR by 25 bps to 2.75% followed by another 25bps reducing on March 3 to 2.5%.
  • On May 5, BNM slashed the OPR by 50 bps to 2.00 and now with the latest low cut rate of 1.75%.

The Impact of covid -19

Due to the impact of COVID-19 on the global economy is severe. Global economy conditions remain weak with global growth to be negative for the year.

Broad-based weakness in labor markets and precautionary behavior by households and businesses could affect the recovery going forward and the pace and strength of the recovery, however, remain subject to downside risks emanating from both domestic and global factors.

Several major economies have begun relaxing measures to contain the COVID-19 pandemic, leading to the gradual resumption of economy activity. 

OPR provides additional policy stimulus to accelerate the pace of economy recovery. The MPC  (Monetary Policy Committee) will continue to assess evolving conditions and their implications on the overall outlook for inflation and domestic growth.

Home Loan & Finances

Home Loan

Respective Home Loan Package 

Home loan playing an important portion on buying a house , there are many types of loans in the market that you can take to pay for the property you intend to buy. Take a look at the four most common home loan packages in Malaysia.

Term Loan

This is the most conventional of all the loans. You pay interest and principal throughout the tenure. In term loan has a maximum tenure of 35 years or age 70, whichever comes first. If you would like to pay more to finish the loan earlier, you will need to inform the bank before hand in order to reduce the principal otherwise the extra payment will go towards prepayment for the following months.


Overdraft, the borrowers only pay interest portion without having to pay the principal. How much interest you are charge will depend on how much you have utilise the overdraft facility. Overdraft is good for businesses because any surplus funds at anytime can be deposited into the overdraft account, therefore reducing the overdraft balances and consequently, the interest charge, which is calculate on daily rest.

Flexi Loan

Flexi loan is a hybrid between a term loan and overdraft, beside of monthly instalment the borrowers can do any additional repayment at any time. The additional repayment will go towards reducing the interest charge on the flexi-loan facility as the principal owing to the bank has been reduces. extra charge may incur when you pay more towards reducing the principal.

Home Loan & Finances


Islamic Loan

Islamic loan uses the Murabahah concept under syariah principle banks will buy the property from the borrower and then rent it back to them. The bank will determine the profit rate in advance after considering the tenure duration , the fixed or floating interest rate are available but the interest on the floating rate is lower than the fixe rate.

Next:  MRTA

Selangor state government Welfare Malaysia

Selangor state government welfare

Did you know the benefits giving by The Selangor State Government Malaysia SSIPR to ALL it’s citizens. ( T&C apply) .

SSIPR Selangor

  • New born baby Rm1,500
  • Golden Age friendly scheme Rm100 monthly
  • Preschool Rm50 monthly
  • Free tuition classes
  • Rm1,000 when you enter College / University
  • Funeral expenses Rm2,500
  • KISS RM200 monthly Basic Necessity for B40 mothers group
  • Bus Smart Selangor
  • Benefit Program up to RM350
  • Free Mammogram checkup
  • Up to Rm500 yearly Medical expenses
  • 0% interest Business loan up to Rm30,000
  • Free internet access – WIFI Smart


新生婴儿 Rm1,500
黄金时代友善计划每月 Rm100
学前班每月 RM50
当你进入学院/大学时 RM1,000
丧葬费 Rm2,500
KISS 每月 RM200 , B40 妈妈组基本必需品
高达 RM350 的福利计划
免费乳房 X 光检查
0% 利息商业贷款高达 Rm30,000
免费上网 - WIFI 智能

KISS – kasih Ibu Smart Selangor

To appreciate the great sacrifice of mothers, the Selangor State Government introduced a special welfare program among low-income groups B40.

为了感谢母亲们的巨大牺牲,雪兰莪州政府推出了一项针对低收入群体 B40 的特殊福利计划.
Selangor state government welfare Malaysia to its citizens.

Bus Smart Selangor

The Selangor State Government has provided free bus services to to 3 Selangor Authorities namely Shah Alam City Council (MBSA) , Subang Jaya Municipal Council (MPSJ) and Klang Municipal Council (MPK).

雪兰莪州政府已向 3 个雪兰莪州政府提供免费巴士服务,即莎阿南市议会 (MBSA)、梳邦再也市议会 (MPSJ) 和巴生市议会 (MPK).

Benefit Program

Provision of temporary assistance given to eligible Selangor citizens up to RM350 per month to obtain basic needs in case of unavoidable life problem.

每月向符合条件的雪兰莪州公民提供高达 350 令吉的临时援助,以满足在不可避免的生活问题时的基本需求.

Voucher assistance

You can obtain vouchers specifically for low-income people in the State of Selangor to buy essential items for Hari Raya Aidilfitri , Chinese New Year and Deepavali celebrations.


Health Care Insurance Scheme

Under the Health Care Insurance Scheme program, policy holders are entitle to basic health treatment benefits every year and basic coverage covering death, accident and critical illness coverage.


Mammogram Scheme

Under the Women’s Health Scheme providing free mammogram screening services to all women in the State of Selangor.

根据妇女健康计划,为雪兰莪州的所有妇女提供免费的乳房 X 光检查服务.

Healthy Help ( Bantuan Sihat )

This program to help low income Selangor citizens to get healthy treatment for minor surgery , Kidney dialysis , eye cataracts , prosthetic legs and other treatments that will be considered.


Rumah Selangorku Scheme

Eligible Selangor Citizens can apply to own house worth no more than RM250,000 through the Rumah Selangorku Scheme.

符合条件的雪兰莪公民可以通过 Rumah Selangorku 计划申请拥有价值不超过 RM250,000 的自己的房屋.

Technical & economic initiative

Smart Selangor Technical Skills and economic Initiative Program is a technical certification course where fees are fully covered by the Selangor State Government included fix allowance of RM300 per month.

Smart Selangor Technical Skills and Expertise Initiative Program 是一项技术认证计划,学费由雪兰莪州政府全额支付,另外还有每月 300 令吉的额外津贴.

Fund Scheme

Through this scheme the Selangor State Government will buy houses and Rent them out to low-income buyers. The house will be sell with the selling price minus a portion of the Rental paid. Participants of this program can carry out the purpose of purchasing the house unit in question within a period not exceeding 25 years at the original price of the house starting from the date it was first rented.

通过这项计划,雪兰莪州政府将购买房屋并将其出租给低收入买家。然后房子将以售价减去已付租金的一部分出售。该计划的参与者可以在不超过 25 年的期限内以房屋最初出租之日起的原价购买有关房屋单元的目的.

Smart Rent Scheme

The Smart Rent Scheme provides opportunities for low and medium-low income groups who are unable to make purchases,. Rumah Selangorku offered a Rental Scheme at a reasonable and affordable rate so that they can finally owned their own home in the State of Selangor.

智能租金计划为无法购买的中低收入群体提供了机会。 Rumah Selangorku 以合理且负担得起的付款率提供租赁计划,以便他们最终可以在雪兰莪州购买自己的房屋.

How to Apply ( 如何申请 )

Applicable Benefits category

Selangor Citizens Welfare by State Government Selangor Malaysia.

Home Ownership Campaign

Home Ownership Campaign HOC was a government initiative designed to support home buyers looking to purchase property. At the same time, it also encouraged the sales of unsold properties in Malaysia’s housing market .

With growing desire for home ownership among-st Malaysians, particularly in popular urban areas, the HOC initiative was designed to match aspiring home-seekers with all those empty homes.

The Home Ownership Campaign (HOC), which ran throughout 2019, was designed to encourage the increase in home ownership among Malaysians. And now, it’s back again from June 2020 till 2021.

The financial incentives & benefit that were offered as part of the scheme.

Full stamp duty exemption till RM1 million

Under the scheme, successful applicants enjoyed 100% stamp duty exemption on Instrument of Transfer for any residential home purchase up to the value of RM1 million.

Partial stamp duty exemption till RM2.5 million

For properties worth more than RM1 million up to RM2.5 million, you paid 3% stamp duty on the Instrument of Transfer for the amount that’s more than RM1 million.

Property PricesStamp Duty
First RM100,000Exempted
RM100,001 to RM500,000Exempted
RM500,001 to RM1,000,000Exempted
RM1,000,001 to Rm2,500,0003%

How do you save on it ?

Home ownership campaign year's 2020

assume your property purchased price was RM500,000 in between with & without HOC scheme.

without HOCwith HOC
Down payment (500,000 x 10%)RM50,000RM0
Stamp duty on loan (450,000 x 0.5%)RM2,250RM0
Stamp duty on MOT (100,000 x 1% +
350,000 x 2 %)
Total costRm60,250RM0

Comparison chat

Stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 to RM2.5 million (subject to at least 10% discount provided by the developer).

The exemption on the instrument of transfer is limited to the first RM1 million of the property price, while full stamp duty exemption is given on loan agreement effective for Sale and Purchase Agreement (SPA) signed between 1st June 2020 to 31st May 2021.

Instruments on secure loan exemptions.

Home ownership campaign year's 2020

Instruments on secure loan exemptions.

All properties within the scheme enjoyed a further stamp duty exemption on the Instrument of Securing Loan up to Rm2,500,000 purchase price.

Eligibility (term & conditions)

The Home Ownership Campaign covered registered residential properties with a value between RM300,000 and RM2.5 million. Those properties must be registered with the relevant authority for each region. it’s important to note that properties classified as a SoHo, SoFo, or SoVo were not qualified for the HOC either.

Eligibility only applies to those registered residential properties listed by developers within the scheme. covered registered residential properties with a value between RM300,000 and RM2.5 million. Those properties must be registered with the relevant authority for each region.

Home ownership campaign year's 2020

Know more about home ownership campaign 2020

Know more about home ownership campaign 2020

Does it apply to secondary markets?

No, the HOC 2020 only applied to new properties registered under the campaign from specific developers.

Did all properties receive a 10% discount?

minimum 10% discount applied on all properties within the scheme, with the exception of those subject to government price controls.

Can I buy multiple properties under the campaign?

Yes, you can. There was no limit to the number of properties you can purchase, and get stamp duty exemptions for all, under the HOC 2020.

Do I have to pay a fee to participate?

No, the campaign is free. Developers must pay a registration fee but that does not apply to home owners.

What was the exemption amount on the Instrument of Loan?

The exemption on an Instrument of Loan amount covers 0.5% of the loan agreement. That amount covers the standard stamping fee for such an instrument.

**Details of the home ownership campaign 2020 will be updated upon the official release of government gazette.

政府将会再度推出“拥有房屋运动”计划,购买房屋价格介于30万至250万令吉之间将可豁免地契 转让及贷款合约的印花税。至于地契转让方面,免印花税仅限于房屋价值的首100万令吉。

这项豁免 适用于今年6月1日至2021年5月31日之间签订的买卖协议,但须遵守发展商给予至少10%折扣的条款。

Penjana Economic Recover Plan

Under the national economic recover plan Malaysia government will extend the Wage Subsidy Programmed worth RM5 billion for another three months to promote employee retention and reduce layoffs.

Prime Minister Tan Sri Muhyiddin Yassin, in announcing the Economic Recovery Plan (Penjana), said the wage subsidy was well received when it was introduced in the Prihatin Rakyat Economic Stimulus Package in March and April that

  • wage subsidy is set at RM600 per month per employee, for up to 200 workers per company.
  • wage subsidy would also be applicable for employers in the tourism sector or other sectors prohibited from operating during the Conditional Movement Control Order.
  • Employers are allowed to apply for the wage subsidy for employees on unpaid leave, but employees must receive the subsidy directly.
  • Hiring Incentive Programme worth RM1.5 billion to encourage the hiring of the unemployed.

The first is to hire unemployed people aged below 40, with an incentive of RM800 per month per worker follow is to hire unemployed people aged 40 and above and disabled persons with an incentive of RM1,000 per month per worker , He’s adding that the incentives would be provided for up to six months.



  1. 额外拨出20亿令吉作为重振中小型企业经济,每名中小型企业最多可获得50万令吉。

  2. 政府批准国内组装车豁免征收100%的销售税,从国外进口的汽车则免征50%税务。
Malaysia My Second Home ( MM2H) Kuala Lumpur


Malaysia My Second Home

Malaysia my second home the Social Visit Pass is initially for a period of Ten years and is renewable.

A country situated in the heart of South East Asia, reflects the very essence of Asia, a bubbling, bustling melting pot of races and religions, where various ethnic groups live together in peace and harmony. 

The rapid economic growth of Malaysia has resulted in substantial investment towards infrastructure and the continuous upgrading of facilities to world-class standards.



The total area of Malaysia is approximately 330,000 square kilometer, with most of it located on the island of Borneo. Peninsular (west ) Malaysia only comprises approximately 40% of the total area.

Malaysia is not located within the Pacific Ring of Fire Zone, making it free from major natural disasters such as volcanoes, tsunami, typhoons and earthquakes.



The country enjoys a tropical climate, with weather that is pleasant, warm and balmy with moderate rain throughout the year. There are also highland residential areas and resorts with permanent spring-like weather throughout the year, which temperatures are between 15″c (59″F) to 25″c (77″F).


Malaysian People

Malaysia is a multi-racial country consisting of Malays, Chinese, Indians and numerous indigenous people. Having lived together for generations, all these cultures have influenced each other creating a truly Malaysia culture.


Malaysian Culture essay – A land of charming Diversity

Malaysia is a mosaic of cultures, owing to its colorful historical past and being part of the international spice route many hundreds of years ago. The amalgamated culture is a colorful heritage that is still a large part of daily life practices, despite urbanization of the cities.



Multiple language for communicate in Malaysia included English , Chinese , Malay and Tamil .


Recreation & Entertainment

buying property in malaysia 

Recreation and entertainment facilities are abundant in Malaysia, owing to the year – round pleasant weather and natural wonders of its tropical environment , theme parks, jungle trails, world – class cinemas, performing arts theaters and art galleries, sports facilities, water sports and golf .


Food and Fruits in Malaysia

food and fruits in Malaysia food and fruits in Malaysia


Malaysia food is a varied culinary spectrum originating from Malaysia’s multi-ethnic population. Indulge in gourmet cuisine created by amazing chefs in designed restaurants, or sample an endless amount of treats found at malls, store- fronts, street-side hawker stalls or the 24-hour local ‘mamak’ restaurants; which are run by Muslim-Indians.


Shopping – experience the indoor and outdoor shopping.

Malaysia my second home Malaysia my second home


There is a number of luxury shopping malls, as well as the local street-side stalls and stores where everything is designed for shopper convenience; contain banks, foreign currency exchange counters, supermarket, restaurants, entertainment center’s and hundred of shops offering a tremendous range of goods.

Shoppers can visit one of the many weekly flea markets and night markets – ” Pasar Malam” .

High Speed Rail

buying property in malaysia

High Speed Rail expected to be completed in year 2026, with the ripple effect of the project, development in Malaysia looks set to surge, as the newly-accessible prime estate along the tracks hosting transit stations.


Malaysia KLCC Kuala Lumpur

Malaysia my second home KLCC Kuala Lumpur Malaysia my second home KLCC Kuala Lumpur



Foreign Universities Branch-Campus

  • Xiamen University Malaysia Campus
  • Monash University Malaysia
  • The University of Nottingham Malaysia Campus
  • De Montfort University
  • Heriot-watt University Malaysia
  • Manipal International University

Local University Branch Campus

  • Taylor’s University College
  • Sunway University College
  • Inti International University College
  • Limkokwing University of Creative Technology
  • University College Sedaya International

International School

  • Alice Smith School
  • Australian International School
  • French School
  • Say folk International school
  • International School of Kuala Lumpur

Malaysia my second home – Eligibility

Option for the MM2H program is open to all countries recognized by Malaysia with requirements include a minimum monthly income, minimum liquid assets, a fixed deposit, plus various other rules. The exclusion of foreign spouses of Malaysian citizens was removed in February 2009 and they are now allowed to apply for the MM2H visa.