— Cagamas Berhad (“Cagamas”), the National Mortgage Corporation of Malaysia, through its sister company Cagamas SRP Berhad (“Cagamas SRP”), today announced the launch of the Cagamas First Home Campaign (“Campaign”), aimed at supporting first-time home buyers in their home ownership journey.
Running from 8 June to 31 August 2026 (“Campaign Period”), the Campaign offers eligible home buyers the opportunity to win RM5,000 cash incentives, with a total of 40 winners to be selected.
The Campaign is designed to enhance awareness of Cagamas SRP’s mortgage guarantee schemes, namely the First Home Mortgage Guarantee Programme (“First Home MGP”) and Islamic First Home Mortgage Guarantee Programme (“First Home MGP-i”), particularly among first-time home buyers who may require higher financing margins of up to 110% to support their home purchase. The Campaign is available through participating financial institutions nationwide, making it easily accessible to eligible home buyers across Malaysia and is aligned with national priorities to enhance housing affordability and support sustainable home ownership among Malaysians.
Encik Kameel Abdul Halim, President/Chief Executive Officer of Cagamas, said “The Campaign emphasises our continued commitment to making home ownership more accessible to Malaysians, particularly first-time home buyers. By providing additional financial support through this particular initiative, we aim to ease the upfront cost burden while promoting greater awareness and adoption of our mortgage guarantee schemes.”
Eligibility Criteria
To participate in the Campaign, customers must:
- Apply for a housing loan or financing with a Cagamas SRP guarantee under First Home MGP or First Home MGP-i through participating financial institutions
- Purchase a completed residential property valued at RM400,000 and above
- Accept and sign the Letter of Offer within the Campaign Period
- Sign and submit the prescribed consent form
Transparent and Fair Selection Process
The 40 winners will be selected through an automated random draw process to ensure transparency and fairness. The selection will be conducted once the Campaign Period has ended, in accordance with Cagamas’ established governance and compliance requirements. The cash incentive is provided as a discretionary gift and is not linked to the approval or terms of the loan or financing.
Driving Sustainable Growth in the Housing Market
Through this Campaign, Cagamas SRP aims to encourage uptake of completed housing stock, improve property market transaction activity and support a more efficient and sustainable housing market ecosystem.
For more information on the Campaign, please visit csrp.cagamas.com.my
Release Id: 89195648
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