Yes, the partner (legal spouse) will need to be joint owner of the property to be eligible.

Current owner would need to register the new owner with the Land Office to add the additional owner of the property. It will usually take about 1-2 months, subject to Land Office’s approval.

Yes, we allow for leasehold properties with at least 90 years of lease remaining. 

Otherwise, Applicant may need to renew the lease to be eligible.

Note:
Applicant may verify the remaining lease period through the Land Title (Geran) or Strata Title, where the lease commencement date and tenure are stated. Alternatively, verification can be made via an official land search at the relevant Land Office/Pejabat Tanah, through the State Land Registry, or by engaging a solicitor handling the property transaction.
 

The Applicant may use a property stated in his/her Wasiat as security for Skim Saraan Bercagar, provided that the applicant remain as the legal owner of the property.

However, for Muslim Applicant, properties that have been transferred through hibah (including Hibah Amanah) are not eligible to be used as security.

This is because once a Hibah Amanah has been executed, the ownership of the property is considered legally transferred to the Hibah recipient, and the donor no longer has ownership rights over the property. As such, the property cannot be charged as security.

Note: The same applies even if a Hibah document has been executed but the land title still bears the name of the Muslim applicant(s). The property is considered already gifted to the Hibah recipient and thus may not be charged to Cagamas.