Starting point

Your first property

Congratulations on making the decision to look into buying your first property. For many, it is the start of a new commitment towards asset ownership.
The fact that you are here means that you are taking a serious interest in wanting to buy your first property. It is important for us to plan well so that your buying journey will be as seamless as possible.

Property is a hedge against inflation as studies have shown that property do appreciate over time and the best time to start is as soon as you could.

The same property which you bought in 2000 at RM200,000 would have easily more than doubled in value. However, it is important to ensure that you are ready to take on this commitment and we encourage you to explore our website to understand more about government schemes such as Skim Rumah Pertamaku (SRP) which have been created to help you purchase your first property.

To find out about your eligibility for 1st home buyer scheme, please click here to run our 1st time buyer eligibility test.

To find out about your borrowing capability, please click here to run our Debt-Service-Ratio (DSR) calculator.

First Home Buyer Checklist

1. Be Positive

Buying your first property can be a daunting experience and for many of you , since it is the first time you are getting into a long term commitment purchase Therefore, it is important to have the right mindset as your go into the market. Many people missed their opportunity to get into the property market as they kept waiting for the "right property or right timing."

2. Do your research

There are plenty of resources out there for you in the age of the internet to gather as much information as possible so that you can make an informed decision. Find out if you are eligible for any government schemes for first home buyers. You may wish to take our eligibility test to see if you qualify for any. Some schemes do offer financing such as the Skim Rumah Pertamaku (SRP) which provides up to 110% financing-no down payment is required.

3. Know your budget

It is important to set aside costs involved in buying a property such as stamp duty, legal fees, bank fees etc on top of the down payment. The good news is that there are many developers and schemes out there which offers generous incentives on top of government schemes. Besides that, you might want to run our Debt Service Ratio (DSR) calculator to find out your estimated borrowing capacity to determine the maximum housing price you can afford and your monthly repayment commitments. Remember to also set aside budget for moving in costs such as furniture and house fitting and also consider your monthly living expenses.

4. Start your property discovery journey

Now you can step into the property market and search for the right property with confidence. You may wish to browse for properties in our extensive property listings. If you need help in any of the above, our concierge team is ready to assist to offer guidance on mortgage and property options. Need help? Drop us a message and we will be happy to help.