SJKP Guarantees Over 100% Home Financing for First-Time Buyers Without Formal Payslips
AInvest, 9 October 2025
SJKP guarantees home loans covering over 100% of the house purchase price for qualified first-time buyers, including those with informal income sources. No payslip is required, and borrowers can demonstrate repayment capacity through bank statements or tax filings. The maximum guaranteed financing coverage is up to RM500,000, and the scheme plays a crucial role in achieving Malaysia's goal of increasing home ownership to 70% by 2030.
(Web Source: https://www.ainvest.com/news/sjkp-guarantees-100-home-financing-time-buyers-formal-payslips-2510/)