Property Guides

Home Buyer Guide

Buying a property is a big step for many, whether you’re a first-time homeowner or an investor. From finding your desired property to receiving the keys to your new home, there are many steps involved in the process of buying a property.
buyer guide


If you get to know about an upcoming project launch, register your interest with the developer so you’ll be the first to know about the latest news and updates about the project.

Choose your desired property

Is your dream home a landed property in a serene neighbourhood or a modern high-rise condominium in an urban district? Whatever your pick, it is important to choose a property that meets your preferences and the lifestyle needs of you and your family. Once you have selected, you are required to place a booking fee to secure the desired unit.

Application of loan

If you’re cash rich, you probably may not need to obtain a housing loan. However, more often than not, a property buyer will require a housing loan to help them finance their property. Apart from conventional loans offered by financial institutions, you may also consider signing up to enjoy the benefits of the 1Malaysia People’s Housing Programme (PR1MA) or My First Home Scheme, if you’re eligible.

Approval of loan from financier

Ensure you have submitted all the relevant documents required for a housing loan to your desired financial institution and wait for the approval of your loan before you can proceed with your property buying process.

Execution of Sale and Purchase Agreement (SPA)

Upon the signing of the SPA, you are required to pay the remaining amount of the deposit, depending on the margin of loan you have obtained.

Application for EPF withdrawal, if required

You may make withdrawals from your EPF Account 2 to purchase a house, subject to eligibility. Please visit the EPF website for more information.

Execution of loan documentation

Like the SPA, you are required to sign the loan agreement through the appointed lawyer.

Progress billing claims

If you are buying a property still under construction, the payments to the developers will be disbursed by the financier (if you are taking out a housing loan) according the stage completed in Third Schedule.

Developer handing over vacant possession
to you upon completion

The delivery of vacant possession of the property will take place when the developer hands over the keys to your new property. Collect keys from the developer and start planning for a house warming party!

Source of Information
Disclaimer: Above depicts the general process of home purchase, different developer or projects may have a different process. All data and information is correct at time of upload.