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Everyone dreams of buying a home they can call their own. But with the increasing properties prices, it is a challenge trying to own a property if you belong in the B40 and M40 income group.But hold up! What do B40, M40, and T20 mean? How can you figure out which group you belong to?Well, Malaysian citizens are classified into three main income groups: Bottom 40% (B40), Middle 40% (M40) and Top 20% (T20) according to their median monthly income per household. Here's a table to make you understand them fully: Photo Credit: Lemon8If you are part of the B40 or M40 group, you will be happy to know that the government has created various housing schemes to help these groups.Below are some of the housing schemes catering to the B40 and M40 groups.Malaysian's Govt' Housing Schemes1. Rumah Mesra Rakyat (RMR)2. Youth Housing Scheme by Bank Simpanan Nasional (BSN)3. Rent-to-Own (RTO) Scheme4. Youth Transit Housing (MyTransit) by KPKT5. Rumah Selangorku (RSKU)1. Rumah Mesra Rakyat (RMR)Rumah Mesra Rakyat (RMR) is a government program that helps lower income earners like fishermen, farmers, poor families without a place of residence or run-down homes. This program gives them access to land, to build and own comfortable, affordable homes.Requirements to qualify for Rumah Mesra Rakyat (RMR):Malaysian citizen18 years to 65 years old. Monthly household income below RM5,000Applicant and spouse does not own any property OR owns a run-down houseOwns a suitable land that is free from mortgage/burdensLand size must be bigger than 3,000 sqftSubject to financing budgetMalaysians can apply through SPNB website for a single storey house with 3 bedrooms and 2 bathrooms. For Malaysians in Peninsular Malaysia, the house will be RM75,000; For Malaysians from islands in Peninsular Malaysia, it will be RM85,000; For Malaysians from Sabah/Sarawak/Labuan, it will be RM75,000 - RM106,000.2. Youth Housing Scheme by Bank Simpanan Nasional (BSN)BSN MyHome or Bank Simpanan Nasional MyHome is a homeownership scheme targeted towards first-time homebuyers aiming to own their very first home.Under the Youth Housing Scheme, BSN is offering a low-cost house from RM 100,000 to RM500,000 with a tenure of 35 years, or until the age of 65 (whichever comes first).This scheme is only open to first-time home buyers, single and married youths aged between 25 to 40 years old, with a household income not exceeding RM10,000 per month.The government will also aid by providing monthly instalments of RM200 per month for a period of 2 years. The instalments will be credited to the customer’s financing account from the date of the first disbursement.3. Rent-to-Own (RTO) SchemeRent-to-Own-Scheme (RTO) was tabled during Budget 2020 caters to homeowners who have difficulties in putting down the initial 10% down payment.Applicants are able to rent up to 5 years and will have the option to purchase the house in the sixth year. The buyers will be able to lock in the original property purchase price for when the lease was first signed.This scheme is only applicable for first-time homebuyers, and for properties priced up to RM500,000. Other than that, the government will also provide exemptions on stamp duty for SPA and loan agreement.This scheme is suitable for the B40 and M40 group who are struggling to pay the initial 10% down payment.4. Youth Transit Housing (MyTransit) by KPKTThe Ministry of Housing and Local Government (KPKT) introduced the Youth Transit Housing (MyTransit) aimed at providing housing for single and married youths in the B40 and bottom M40 range.The difference between the MyTransit scheme and other schemes is that it provides properties for rent instead of for purchase. The rental rate for these properties is promised to be at least 20% lower than the market rate.Another element that makes this scheme stand out is the ‘forced savings’, a percentage of the monthly rental will be set aside and returned back to the tenant as a lump-sum after their maximum five-year stay.This scheme has approximately 2,010 studio home units in Mukim Batu and Kepong, Kuala Lumpur. 5. Rumah Selangorku (RSKU)Rumah Selangorku is a low-cost housing scheme designed to assist the B40 and M40 groups who are interested in purchasing affordable housing within the state of Selangor. This scheme is catered for first-time homebuyers only. The properties under this housing scheme include high-rise apartments and landed houses with prices ranging from RM 42,000 to RM 250,000. There are five housing types A, B, C, D, and E with different eligibility criteria based on the applicant’s monthly household income.The maximum household income (married couple) must not exceed RM 10,000. For a single individual, the household income must not exceed RM 3,000 per month. Since the housing scheme is designed for the B40 and M40 groups, there are certain rules that potential buyers will need to follow such as:The property cannot be sold within 5 years of purchase.The owners are not allowed to rent out the property.Applications are active for two years.After two years, if not successful, applicants may apply again.We hope this has helped you in deciding which housing schemes is the most suitable for you and your family. With your income, you are be able to own a house you can proudly call your own.Interested in buying the home of your dreams? Or you're seeking for professional help when it comes to owning your first home? Our professional team will be able to help in any matters related to property. Leave your details below and we will contact you.[hubspot portal="5699703" id="20af712b-48df-4c08-bda1-2e7e0b787dfd" type="form"]Read MoreMalaysia: What is B40/M40/T20? Are you qualified for “Kita Prihatin”?2. 8 questions a first time home buyer may have for buying a house in 2020

Versi: CN, ENBelanjawan 2025 telah dibentangkan pada 18 Oktober (Jumaat), tepat jam 4 petang, dengan tema penuh harapan “Ekonomi MADANI, Negara Makmur, Rakyat Sejahtera”.Belanjawan 2025 memberi harapan dan membuka peluang baharu kepada pelabur dan pembeli rumah di Malaysia dengan pengenalan pelbagai inisiatif dan peruntukan strategik baharu dalam memacu pertumbuhan pasaran hartanah.Pelbagai insentif dan inisiatif yang berpotensi meningkatkan pulangan pelaburan dalam pasaran hartanah Malaysia telah diperkenalkan, dengan tumpuan pada pengurangan cukai, subsidi dan pelaburan besar dalam infrastruktur.Para pembeli rumah akhirnya dapat menarik nafas lega, setelah kerajaan mengumumkan pelbagai inisiatif baharu yang dapat memudahkan mereka dalam proses pembelian rumah.Jom kita singkap sorotan utama hartanah yang kini menjadi tumpuan pelabur dan pembeli!Inisiatif Bidang Hartanah: Belanjawan 20251. Pembangunan Negeri2. Forest City3. Projek Pembangunan Tenaga Hijau4. Projek Pembangunan Hartanah5. Rumah Mampu Milik6. Sejati MADANI7. Pelepasan Cukai Pendapatan jika Jelas Pinjaman Rumah1. Pembangunan NegeriDemi kepentingan rakyat dan meningkatkan kemudahan di pelbagai wilayah, kerajaan akan melaksanakan projek pembangunan di setiap negeri, termasuk pembinaan lebuh raya, transit aliran ringan, serta menaik taraf jalan raya dan infrastruktur lain.Sabah, Sarawak dan Malaysia Timur, menerima jumlah subsidi pembangunan tertinggi dalam usaha ini.2. Forest CityKerajaan akan menubuhkan sebuah badan kewangan khusus untuk membangunkan dan menambah baik Forest City, dengan tujuan untuk merancakkan ekonomi kawasan tersebut serta mencipta banyak peluang pekerjaan.Kawasan ini juga akan dijadikan sebagai pulau bebas cukai bagi menarik lebih banyak pelaburan dan aktiviti ekonomi.3. Projek Pembangunan Tenaga HijauProjek Pelan Hala Tuju Peralihan Tenaga Negara (NETR) akan memasuki fasa pelaksanaan seperti Projek Ladang Solar Terapung Hidro Hibrid Kenyir dan hab hidrogen hijau di Terengganu.4. Projek Pembangunan HartanahSebanyak RM200 juta telah diperuntukkan untuk pembangunan rumah mampu milik bagi rakyat di tanah-tanah wakaf, yang akan dilaksanakan oleh UDA.Selain itu, tanah Rizab Melayu akan dibangunkan melalui kerjasama antara PNB dan PHB dalam projek perumahan mampu milik, penginapan pelajar dan pembangunan komersial.5. Rumah Mampu MilikSebanyak RM900 juta diperuntukkan untuk 48 projek Program Perumahan Rakyat (PPR) dan 14 projek Rumah Mesra Rakyat, termasuk dua projek PPR baharu di Port Dickson dan Seberang Perai Tengah.Sebanyak 30 projek PPR dijangka siap menjelang akhir 2025, yang akan memberi manfaat kepada 17,500 penghuni baharu.6. Sejati MADANIKerajaan akan memperuntukkan sebanyak RM1 bilion pada tahun hadapan untuk melaksanakan projek Sejati MADANI, yang bertujuan memperkukuhkan pembangunan dan kesejahteraan masyarakat selaras dengan aspirasi negara.7. Pelepasan Cukai Pendapatan jika Jelas Pinjaman RumahBagi perjanjian diselesaikan antara 1 Januari 2025 hingga 31 Disember 2027, pelepasan cukai pendapatan peribadi boleh dituntut sehingga RM7,000.Ini bertujuan menggalakkan penyelesaian awal pinjaman perumahan dan meringankan beban kewangan pemilik rumah.Sebagai kesimpulan, Belanjawan 2025 jelas menunjukkan komitmen kerajaan untuk memperkukuhkan sektor hartanah, menawarkan peluang yang lebih cerah bagi pelabur dan pembeli rumah. Dengan pelbagai insentif dan peruntukan strategik, pasaran hartanah Malaysia kini berada di landasan untuk pertumbuhan yang lebih mapan dan menguntungkan. Untuk maklumat terkini dan butiran lengkap mengenai Belanjawan 2025, sila layari laman web rasmi untuk lebih lanjut!Mencari kerjaya yang menawarkan kestabilan ekonomi? Industri hartanah adalah pilihan tepat! Sertai kami di IQI sebagai ejen hartanah dan nikmati insentif menarik serta pendapatan pasif yang menguntungkan.[hubspot portal="5699703" id="c063034a-f66d-41ab-881b-6e6a3f275c33" type="form"]Baca Selanjutnya1. Belanjawan 2025: Fokus pada Perumahan Mampu Milik2. Pemilik Rumah di Malaysia Nikmati Lonjakan Nilai Hartanah Lebih RM 100,000 dalam Tempoh 10 Tahun3. Akaun 3 KWSP: Pindahan Amaun ke Akaun 3 Adalah Pilihan Yang Baik Atau Buruk?

Version: BM, CNOn October 18, 2024, the MADANI Government announced Malaysia's ground breaking Budget 2025, titled “Ekonomi MADANI Negara Makmur, Rakyat Sejahtera."You can read the summarize Budget 2025 article here!With a remarkable allocation of RM421 billion, this budget aims to reshape the future, especially in property and housing development.One of the key features is a strong commitment of RM5.93 billion for housing initiatives, highlighting a major investment in making homes more accessible for all Malaysians.The budget is built around three essential pillars: Raise the Ceiling, Raise the Floor, and Good Governance and Public Sector.From attractive benefits for first-time home buyers to tax relief reaching RM7,000, here are the government's plans for property and home development in 2025.Budget 2025 Insights: Key Takeaways on Real Estate and Property Projects You Should KnowAffordable Housing First Time Home-BuyersHousing Tax ReliefSejati MADANI All States Development Forest City, Johor BahruAffordable Housing It's looking good for the real estate focuses! The MADANI Government has allocated a total of RM900 million for 48 People’s Residency Programme (PRR) projects and 14 Mesra Rakyat Housing projects.This includes two new housing projects in Port Dickson and Seberang Perai Tengah.By the end of 2025, 30 of these projects are expected to be finished, helping around 17,500 new residents. The budget also sees an increase of RM90,000 to help build new homes for those in the hardcore poor housing program (PPRT), as well as for fishermen and residents of Chinese new villages.Meanwhile, UDA Holdings Bhd (UDA) is set to receive RM200 million for the development of affordable housing on wakaf land, and the Public Sector Home Financing Board (LPPSA) will assist civil servants in buying homes on this land.The government has also announced an increase in the maximum allocation for home repair assistance to RM20,000. First Time Home-BuyersIf you're thinking about buying your first home, 2025 could be a great year for it!The government’s Housing Credit Guarantee Scheme (SJKP) is now backing loans of up to RM500,000 for first-time buyers1 looking to purchase homes on wakaf land.You can check the full requirement on Housing Credit Guarantee Scheme (SJKP) on their official website.With RM12.8 billion in government guarantees already approved, more than 57,000 first-time home buyers are set to benefit from this initiative.Housing Tax ReliefWhich leads to the another highlights: First-time home buyers can get up to RM7,000 tax break when buying residential properties that cost up to RM500,000.If you're looking at properties priced between RM500,000 to RM750,000, you can claim a tax relief of up to RM5,000. To qualify for this tax relief, you will need to finalize a home loan agreement from January 1, 2025, to December 31, 2027.Sejati MADANI For Budget 2025, the government also plans to set aside RM1 billion next year to support the Sejati MADANI Community Prosperity Project.While RM100 million will be used to upgrade 48 Madani Public Parks, enhancing recreational spaces across cities and towns.All States Development The MADANI government is committed to honouring Sabah and Sarawak by working to bridge the development gap between these two key states.The focus is on improving essential services like roads, electricity, and clean water to ensure a better quality of life for everyone.For this, the total public investment for development in 2025 is expected to be at RM120 billion.When it comes to home repairs, RM200 million is set aside for maintaining low-and medium-cost public strata homes, which includes things like replacing old elevators and sprucing up parks. Meanwhile, RM84 million is dedicated to improving basic and social facilities in Chinese New Villages, and the Housing and Local Government Ministry will be working to meet the needs of Indian communities as well.Forest City, Johor BahruA new financial entity will be established by the government to fund the construction and redevelopment of Forest City, Johor Bahru.This initiative aims to enhance the local economy and create a substantial number of job opportunities, especially in the duty-free zone.At the same time, the National Energy Transition Roadmap (NETR) project will move into the implementation phase2, including the Kenyir Hybrid Hydro Floating Solar Farm and a green hydrogen hub in Terengganu3.So there, you have it!With these impactful housing initiatives, we look forward to observing how Budget 2025 may enhance the economy, the real estate market, and other vital sectors, driving progress and development in Malaysia.What say you? Ready to level up your career? Join IQI and propel your success in real estate! Don't miss out on fulfilling your dreams and become a real estate agent now![hubspot portal="5699703" id="c063034a-f66d-41ab-881b-6e6a3f275c33" type="form"]Juwai IQI Suggests More Affordable Housing in Malaysia’s Budget 2025Earn in SGD With Your Property: Benefits of RTS Link and the Johor-Singapore Special Economic Zone (JS-SEZ)Need Some Tips for Buying A Home in Your 20’s? Learn From These First Home Buyers’ Experiences!

Version: EN, BM2024年即将结束，作为首购族或投资者的你，是不是正物色适合的房地产项目，以便在2025年买房或投资呢？早前政府公布的2025年财政预算案中，房地产领域获得RM59.3亿的拨款。同时，政府还会着重发展各个地区，以提高本地年轻人的拥房率，同时也吸引海外投资者来马投资。以下就来看看，究竟2025年财案为房地产行业带来哪些好消息吧！阅读内容：1. 柔佛森林城市（Forest City）列为免税岛2. 房屋首购族获税务减免3. 人民组屋计划（PPR）和大马亲民房屋（Rumah Mesra Rakyat）4. 昌明社区繁荣计划 5. 各州属发展1. 柔佛森林城市（Forest City）列为免税岛政府为推动当地发展旅游业和金融业，政府批准将森林城市列为免税岛。此外，政府与会在森林城经济特区推出税务优惠配套，以便推动金融服务产业，包括”国际金融业与金融科技（Fintech）业。2. 房屋首购族获税务减免首购族将会获得最高RM7,000的房贷利息税务减免，而此优惠仅限于购买价值不超过RM50万的房子。至于购买价值介于RM50万至RM75万之间的房子，则可享有RM5,000的税务减免。不过，想要享有税务减免的优惠，必须符合4项条件，包括：有关住宅房产不可带来收入，即不能出租或做Airbnb有关房屋买卖协议（SPA）必须在2025年1月1日至2027年12月31日期间签署可连续3个税年享有这项房贷利息税务减免，从支付房贷利息的第一年开始算起同一间住宅房产可由2人或以上享有税务减免（根据利息支付比重）3. 人民组屋计划（PPR）和大马亲民房屋（Rumah Mesra Rakyat）政府将拨款RM9亿以增加48个人民组屋计划（PPR）和大马亲民房屋（Rumah Mesra Rakyat），其中包括：波德申和2个威中县新的PPR项目。其中，30个PPR项目预计将于2025年底完成，预计造福17,500名新居民。4. 昌明社区繁荣计划政府明年将拨款共RM10亿推行昌明社区繁荣项目（Sejati MADANI）计划。 5. 各州属发展为提高人民的利益、各地区的设施，政府将在各个州属进行发展，其中包括：建设高速公路、轻快铁、升级道路等。东马地区将拥有最高数额的发展津贴，特别拨款将增加至每年RM6亿。虽然2025年财政预算案有关房地产的内容重点并不多，但是纵观而言，无论是对首购族还是投资者，无疑是一项好消息！展望2025年，在政府的政策支持下，相信房地产行业将会比往年更火热！如果你也想在2025年在房产领域中“分得一杯羹”，但却不确定哪些房地产才是合适你？不妨让IQI帮助你吧！IQI在全球拥有超过50,000名专业的房地产中介，能为你提供全面且专业的买房和投资建议，帮助你顺利找到合适的房地产投资，或买下人生第一间房子！[hubspot portal="5699703" id="85ebae59-f425-419b-a59d-3531ad1df948" type="form"]延伸阅读：首购族有什么好处？首购族不可错过的马来西亚5个买房计划 【2025】外资涌入槟城买房：LRT和土地稀缺推动房价，有望暴涨20%？！别再为槟雪隆的高房价发愁！彭亨州房价更亲民：云顶、金马伦高原，值得投资吗？