*HOC has ended on 31 December 2021
The Malaysian government introduced the Home Ownership Campaign (or HOC for short) in January 2019 with the twin goals of supporting homebuyers and addressing the property overhang in Malaysia.
When COVID-19 hit, the Prime Minister announced that the HOC would be extended as part of the nation’s Short-Term Economic Recovery Plan (PENJANA). This means that you’ll be able to
take advantage of the benefits offered under the HOC until 31
st May 2021!
What benefits, you ask? Here’s a simplified list:
- A minimum 10% discount on the property purchasing price
- Stamp duty exemption on the instruments of transfer for the purchase of residential homes priced between RM300,000 to RM2.5 million (full exemption for the first RM1 million of the property price, followed by partial exemptions)
- Full stamp duty exemption on the loan agreement effective for Sales and Purchase Agreements signed between 1st June 2020 to 31st May 2021
There are only two straightforward requirements for a purchaser to qualify for this campaign:
- Purchasers and co-purchasers must be Malaysian citizens
- Purchasers must buy the property for residential purposes
Eligible properties must be registered with the relevant authority for each region.
To make it easy for our dear readers, we’ve compiled a master list of HOC-eligible properties listed on PropertyGuru. Just click on any of the properties below to find out more!
Location
Sri Petaling, Kuala Lumpur
Location
Jalan Seri Utara, Kuala Lumpur
Developer
Chin Hin Property Development
Developer
Tropicana Corporation Berhad
Location
Timor Laut (Island), Penang
Developer
Paramount Property Development
Developer
Sime Darby Chemara Sdn Bhd
Location
Seremban, Negeri Sembilan
Developer
Tropicana Corporation Berhad
Developer
Tropicana Corporation Berhad
Location
Bandar Menjalara, Kuala Lumpur
Location
Seberang Perai Selatan (Mainland – South), Penang
Location
Timor Laut (Island), Penang
Developer
Tropicana Corporation Berhad
Developer
City of Elmina Development Sdn. Bhd.
Developer
Bandar Nusajaya Development
Location
Kuchai Lama, Kuala Lumpur
Developer
Paramount Property Development
Developer
Paramount Property Development
Developer
Sime Darby Property Berhad
Location
Seremban, Negeri Sembilan
Location
Taman Mastiara, Kuala Lumpur
Developer
Sime Darby Property Berhad
Developer
LakeFront Residence Sdn Bhd
Location
Bandar Puncak Alam, Selangor
Location
Bandar Puncak Alam, Selangor
Developer
Sime Darby Property Berhad
Developer
Sime Darby Property Berhad
Location
Old Klang Road, Kuala Lumpur
Developer
Boustead Properties Berhad
Location
Seberang Perai Selatan (Mainland – South), Penang
Developer
Platinum Victory Development
Location
Old Klang Road (Jalan Klang Lama), Kuala Lumpur
Developer
Sime Darby Property Berhad
Location
Seremban, Negeri Sembilan
Developer
Perbadanan PR1MA Malaysia
Location
Bukit Jalil, Kuala Lumpur
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Location
Seremban, Negeri Sembilan
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Developer
Perbadanan PR1MA Malaysia
Location
Seremban, Negeri Sembilan
Location
Seremban, Negeri Sembilan
Location
Seremban, Negeri Sembilan
Developer
OSK Property Holdings Berhad
Developer
Paramount Property Development
Developer
Paramount Property Development
Developer
Sime Darby Brunsfield Resort
Location
Damansara Heights, Kuala Lumpur
Location
Seremban, Negeri Sembilan
Developer
Sime Darby Chemara Sdn Bhd
Location
Seremban, Negeri Sembilan
Developer
Bukit Indah (Johor) Sdn Bhd
Location
Seberang Perai Tengah (Mainland – Central), Penang
Developer
Teobros Development Sdn Bhd
Location
Timor Laut (Island), Penang
Location
Jalan Yap Kwan Seng, KLCC
Location
Timor Laut (Island), Penang
Location
Seberang Perai Selatan (Mainland – South), Penang
Developer
Platinum Victory Development
Location
Kuchai Lama, Kuala Lumpur
Did you know that there’s
no limit to the number of properties you can purchase under the HOC? The
current Overnight Policy Rate (OPR), which has been slashed multiple times this year, has also significantly reduced loan interest rates, making it extremely favourable for purchasers.
Super tempting, right?
Do keep in mind, however, that all properties under the HOC are newly launched projects. If you prefer the assurance and convenience of a mature neighbourhood, this may not be your cup of tea. Furthermore, if you’re buying for investment, it might take some time for the property values in these new areas to appreciate.
Still not sure if a HOC property is right for you?
PropertyGuru has a great online solution that can help!
Click here, follow some simple instructions, and tadaa! You’ll find out if you are eligible for a pre-approved loan with preferential rates from one of our financial partners!