Property Loan
Overview
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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
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Repayments
6 Months - 20 Years
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Interest Rate
4%-9%
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Speed
2 weeks
Facility
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For completed and under construction premise/ building
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For working capital financing
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Our attractive pricing
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Competitive Profit Rate
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Benefits
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Margin of financing of up to 150%* of Market Value (MV)
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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)
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Stamp Duty, Legal Fee, Mortgage Reducing Term Takaful (MRTT) and Valuation Cost can be included in the financing package*
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Waiver for Fire & All Peril contribution (1st year only), actual cost of searches and actual cost for Discharge of Charge (if any)
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No penalty for early settlement*
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Eligibility
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Sole-proprietor and Partnership
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Private Limited Co within the National definition of SME
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Individual business owner
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*Terms & conditions apply