KUALA LUMPUR, August 29, 2025 – RHB Banking Group and OSK Property have launched an innovative Malaysia Ringgit–denominated home loan tailored for Malaysians investing abroad. Designed for Malaysians who are neither citizens nor permanent residents of Australia or the UK, this “Overseas Property Financing” initiative empowers Premier clients to purchase residential properties near Melbourne, Sydney, and London while managing currency risk in MYR. The new offering includes flexible repayment schedules, no-cost redraw options, and early release during the construction phase, aligning with Bank Negara Malaysia’s regulations for foreign asset investments.
Clients can take advantage of this financing to acquire properties within a 30 km radius of Melbourne and Sydney’s CBDs, as well as within Zones 1–3 in London—areas known for their high desirability and investment stability. The initiative reflects RHB’s commitment to helping high-net-worth Malaysians expand their residential real estate portfolios while insulating themselves from foreign exchange fluctuations.
RHB’s Managing Director and CEO, Datuk Mohd Rashid Mohamad, affirmed that property remains a resilient asset class, offering both long-term capital appreciation and a hedge against inflation. He emphasized that the collaboration with OSK Property equips clients with seamless financing tools to confidently explore premium overseas ventures like Melbourne Square.
From OSK’s perspective, the partnership similarly underscores the developer’s strength in connecting Malaysian investors to top-tier projects overseas via tailored financing options.
