MyHome Scheme

The Malaysia’s Government has set RM30,000 as the maximum financial assistance for the public to purchase low-cost houses under the MyHome Scheme Malaysia. With a total of RM300 million had been allocated for the scheme.

Under the scheme, qualified private sector developers will receive an up front incentive of RM30,000 per affordable home sold where the incentive would cover the 10% deposit required of buyers after the sales and purchase (S&P) agreement is signed.

A 10-year moratorium would apply from the effective date of the S&P agreement, prohibiting a buyer from re-selling or transferring ownership of the home.

The scheme is expected to benefit two categories of households. 

MyHome1 is open for households with an income of between RM3,000 and RM4,000, MyHome2 is for those with a household income of between RM4,001 and RM6,000.

Houses under the MyHome1 would cover a minimum of 800 square feet of space with a market price of between RM80,000 and RM120,000 in the peninsula and between RM90,000 and RM120,000 in Sabah and Sarawak.

MyHome2 prices would range between RM120,001 and RM200,000 in the peninsula and between RM120,001 and RM250,000 in Sabah and Sarawak for homes measuring a minimum of 850 square feet.
 
MyHome2 houses will have three bedrooms and two washrooms as well as basic amenities such as parking spaces, a community hall, a surau and a playground.
 
Interested buyers must be Malaysians aged 18 years old and above who are buying a property for the first time.

You can submit your application online at http://myhome.kpkt.gov.my/myhome/ 

The following copy of documents must be included with the application:

1. Copy of Applicant's NRIC
2. Copy of Applicant's Husband/Wife NRIC
3. Copy of Applicant's Children NRIC/MyKid/Birth Certificate
4. Copy of Payslip/Income Proof of Husband/Wife (or both if both are working)
5. Copy of OKU Card (If Applicable)

Once you have all your documents ready. You can upload to the website or send to the address below:

Ketua Pengarah,
Jabatan Perumahan Negara (Unit MyHome)
Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan
Aras 34, No.51, Persiaran Perdana,
Presint 4, 62100 Putrajaya

Contact: 03-8891 4432/03-8891 4317/03-8891 4313/03-8000 8000
Fax:03-8891 4227

Ketua Pengarah
Jabatan Perumahan Negara (Unit MyHome)
Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan
Aras 34, No.51, Persiaran Perdana
Presint 4, 62100 Putrajaya - See more at: http://www.malaysiacentral.com/information-directory/government-rules-and-politics/government-services/myhome-affordable-home-ownership-scheme-by-malaysian-government/#sthash.DPRW6Trp.dpuf

Ketua Pengarah
Jabatan Perumahan Negara (Unit MyHome)
Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan
Aras 34, No.51, Persiaran Perdana
Presint 4, 62100 Putrajaya - See more at: http://www.malaysiacentral.com/information-directory/government-rules-and-politics/government-services/myhome-affordable-home-ownership-scheme-by-malaysian-government/#sthash.DPRW6Trp.dpuf

Ketua Pengarah
Jabatan Perumahan Negara (Unit MyHome)
Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan
Aras 34, No.51, Persiaran Perdana
Presint 4, 62100 Putrajaya - See more at: http://www.malaysiacentral.com/information-directory/government-rules-and-politics/government-services/myhome-affordable-home-ownership-scheme-by-malaysian-government/#sthash.DPRW6Trp.dpuf