2025

When applying for a home loan, car loan, or any type of financing, one of the first things banks look at is your credit report. In Malaysia, apart from CTOS, one of the key tools banks use is the CCRIS report. But what exactly is CCRIS, and how can you check your own report? Let’s break it down. 🔍 What is CCRIS? CCRIS stands for Central Credit Reference Information System. It is a system developed...

If you're planning to buy a house or apply for a loan in Malaysia, one thing you absolutely must check is your CTOS credit report. Why? Because banks and financial institutions use this report to decide if you’re eligible for a loan even if you have a stable income. Let’s dive into what CTOS is and how you can easily check your credit report online.   🔍 What is CTOS? CTOS (Credit Tip-Off Service)...

📍 Weighing the Impact of the Ipoh Sentral Project The ambitious Ipoh Sentral development has been making headlines and it's important for locals and potential homebuyers to grasp its implications for Perak's capital. 🌟 What Is Ipoh Sentral? Ipoh Sentral is envisioned as a large-scale masterplan connecting three key hubs: Ipoh city centre, Bandar Meru Raya, and Tasek. It's set to include residential...

This is a common question among property buyers and the answer might surprise you Bank Look at Two Key FactorsWhen applying for a home loan, banks assess two main criteria:   1. Your Loan Eligibility Based on your income, commitments (e.g., car loans, credit cards), and credit score.   2. The Property's Market Value The bank will conduct a valuation of the property you’re planning to...

Adakah anda penjawat awam berumur 30 tahun dan ke bawah yang bercita-cita memiliki rumah sendiri? Kini, impian anda boleh direalisasikan melalui Skim Pembiayaan Perumahan Muda (SPPM) oleh Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA). Skim ini diumumkan dalam Bajet 2025 oleh YAB Perdana Menteri dan mula berkuat kuasa pada 1 April 2025. 🎯 Objektif SPPM Membantu penjawat awam muda memiliki...

When taking up a home loan in Malaysia, borrowers are often advised to consider insurance protection in case of unexpected events. Two common types are MRTA and MRTT. But what exactly are they, and which one suits you better? 💼 What is MRTA? Mortgage Reducing Term Assurance (MRTA) is a lump-sum premium insurance policy that covers your outstanding housing loan in the event of death or total permanent...

If you own land or property in Malaysia, you're required by law to pay Cukai Tanah, also known as quit rent, every year. This annual land tax is imposed by the state government and applies to both freehold and leasehold properties. Late payment may result in penalties, so it’s important to pay on time — and thankfully, the process is now simple and available online. From verifying your quit rent status...