Search

Financing of

Various Types of Vacant Land

Attractive

Margin of Financing

Benefits & Privileges

  • Competitive Rate

    Enjoy attractive profit rate with our land financing package.

  • Information at Your Fingertips

    Check your balances via CIMB Octo App.

  • Margin of Financing

    Up to 90% of margin of financing inclusive of MRTT / Legal / Valuation fees. (Maximum cap for MRTT / Legal / Valuation fee at 5%)

  • Tenure

    Financing up to 30 years (minimum tenure 5 years) or age 65, whichever is earlier.

  • Purpose & Type of Properties

    For purchase and refinancing of vacant residential land purchased via sub-sale or direct from property developers for individual customers.

  • Group Mortgage Reducing Term Takaful (MRTT)

    Financing of MRTT / MLTA is available providing you and your loved ones a peace of mind.

Eligibility & Requirements

Individuals aged 18 years and above

Fees & Charges 

For full list of Fees & Charges, click here.

Required Documents 

Identification document and proof of purchase Malaysian Applicants
  • Copy of NRIC
  • Sale and Purchase Agreement or the developer’s booking form

Foreign Applicants (Not applicable for Vacant Land Products)

● Regional Preferred/Private Banking (from the ASEAN countries where CIMB has a presence)

● Local Preferred/Private Banking

  • Copy of Passport (minimum 6 months validity) or MyPR
  • Sale and Purchase Agreement or the developer’s booking form
Income documents Salary Applicants
  • Latest 3 months' salary slips
  • Latest EPF statement or last 3 months' bank statements with credited salaries
Commission Applicants
  • Latest 6 months' commission statement
  • Latest 6 months' bank statement with credited commission
Self-Employed Applicants
  • Business registration
  • Latest 6 months' business bank statements
  • Latest Form B with tax payment receipt
Note: Foreigners and Malaysia Permanent Residents, without CIMB Regional Preferred or Private Banking relationship, may require to submit additional supporting documents upon request.

Need More Information?

Call Us At

Local: 1300 885 300

Overseas: +603 2295 6888

(Available 24 hours)