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Malaysian banks lend to non-residents??

Malaysian banks lend to non-residents??

Old Jul 20th 2010, 2:31 pm
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Default Malaysian banks lend to non-residents??

A long shot but, does anyone know of any Malaysian banks who consider lending to non-residents to buy property or land?

Many thanks
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Old Jul 23rd 2010, 12:13 pm
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Default Re: Malaysian banks lend to non-residents??

Originally Posted by Meow View Post
A long shot but, does anyone know of any Malaysian banks who consider lending to non-residents to buy property or land?

Many thanks
-
Seems it was indeed a long shot!
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Old Aug 6th 2010, 12:45 pm
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Default Re: Malaysian banks lend to non-residents??

Yes, almost most Malaysian banks will do so provided that you meet the financial requirements, things like sufficient monthly income for mortgage payment. However, the bank only offers up to 70%-80% of the purchasing price. Also, foreigners are only allowed to purchase property with value RM500,000 and above.
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