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RUMAWIP Limited Parking Lot Solution!

RUMAWIP usually comes with only one parking lot; to purchase an extra parking lot, you often need to pay up to RM 15,000 or more (which is rarely financed as a loan), subject to availability. E hailing service like Grab or AirAsia works for the average Malaysian, it is cost-effective to just bring us to the train station if it is not too far away. The issue is that RUMAWIP purchases encourage owners to buy only one automobile, which causes trouble if the car breaks down. If the e hailing service can’t solve these problem, car rental is the next option.

Car sharing platforms have become increasingly popular in Malaysia in recent years, as they offer a convenient and cost-effective alternative to traditional car rental services. These platforms allow users to rent a car for a short period of time, often by the hour, day, or week, and offer a range of vehicles including sedans, hatchbacks, and SUVs. It can be the solution at times when one purchase the RUMAWIP that comes with one parking.

A popular car sharing platform in Malaysia is GoCar. GoCar offers a range of vehicles for rent, including sedans, hatchbacks, and SUVs, and allows users to rent a car by the hour, day, or week. GoCar has a large network of pickup and drop-off locations around Malaysia, and also offers a carpooling service for users who want to share a ride with other travelers.

Socar is another car sharing platform that is popular in Malaysia. Socar offers a range of vehicles for rent, including sedans, hatchbacks, and SUVs, and allows users to rent a car by the hour, day, or week. Users can choose from a variety of pickup and drop-off locations around Malaysia, including major cities such as Kuala Lumpur and Penang, as well as smaller towns and rural areas.

This can be particularly useful for RUMAWIP owner or those who only need a car in emergency or occasionally but not feasible as a long term solution.

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Rent to Own

Rent to own (RTO) financing is a type of home financing option that is available in Malaysia. It allows buyers to rent a property with the option to purchase the property at a later date. Here is a brief overview of how RTO financing works in Malaysia:

  1. The renter/buyer agrees to rent a property for a certain period of time, usually 2-5 years.
  2. During this rental period, the renter/buyer pays a monthly rent that is higher than the market rate. A portion of this rent is usually credited towards the purchase price of the property.
  3. After the rental period, the renter/buyer has the option to purchase the property at a pre-agreed price. The amount credited towards the purchase price during the rental period is applied to the purchase price.
  4. If the renter/buyer decides to purchase the property, they will need to obtain a home loan to pay the remaining balance of the purchase price.
  5. If the renter/buyer decides not to purchase the property, they will lose the credit they have accumulated towards the purchase price.
  6. Some RTO financing may require a down payment, while others may not.

Rent to own financing can be a good option for buyers who are unable to obtain a traditional home loan or who need time to improve their credit score before obtaining a home loan. It also allows buyers to try out a property before committing to a purchase, and it can be a good option for buyers who are unable to afford the full purchase price of a property upfront.

It’s worth noting that, the terms of the RTO financing agreement and the conditions of the purchase option can vary widely depending on the property and the parties involved. It’s important to be aware of the specifics of the agreement and to read it carefully before signing to ensure that it is a good fit for you. Maybank Houzkey is where you can get more information!

Please consider this:

  1. House Renovation Cost
  2. The monthly payment before you make your final decision

Are Non Refundable or Reimburse in anyway if you decide not to purchase the unit you selected. Therefore getting a good RUMAWIP is probably a better option because if done professionally, even if you move out and rent out the unit; the rental income may cover your mortgage payment.

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My First Home Scheme (Full Loan)


My First Home Scheme, is a home ownership plan for initially-time purchasers first introduced by the Malaysian government in the 2011 Budget allowing qualified candidates to acquire up to 110% financing from cooperating banks such as RHB, Maybank, Ambank & CIMB, making house ownership more accessible.


  • Financing of up to 110% is available for completed or under-construction properties. (RUMAWIP is one that entitle for this)
  • There is no deposit necessary. (Maybe some legal fee involve)
  • Joint applications with direct family members are permitted. (Joint applicant not allow to have existing housing loan)

Criteria for Applicants

  • Must be a Malaysian national.
  • First-time home purchaser
  • Individuals working in the public or private sectors.
  • Applicants may be single or joint.
  • Single and combined applicants must have a gross monthly family income of up to RM10,000 or below.
  • There has been no evidence of impaired funding in the last 12 months. (may appeal but interest rate maybe higher)

Criteria for Property

  • Primary and secondary market residential properties (new or sub-sale properties)
  • Residential properties must be occupied by the owner.
  • For the acquisition of a property worth up to RM500,000 max

Criteria for Financing

  • Financing for up to 35 years (applicant age not exceeding 70 years at the end of the financing tenure)
  • Financing up to 105% (that is, 100% of the property value plus 5% for capitalization of relevant expenditures such as MRTA/MRTT premium).
  • Non Flexi Loan (no redrawable features or refinancing of properties).
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RUMAWIP Loan Payment Increases Solutions

Because of the expected inflation in 2023, RUMAWIP monthly payments may increase, and some RUMAWIP owners may be laid off due to the coming recession. The RUMAWIP unit costs a maximum of RM 300,000, and the monthly repayment is extremely low compared to a normal condominium. There are many ways to earn extra income in KL to help with the RUMAWIP loan repayment, and the best option for you will depend on your skills, interests, and availability. Some potential options for side income in this area might include:

  1. Freelancing: If you have a particular skill or expertise, you might consider offering your services as a freelancer. This could involve writing, design, web development, or any number of other services that can be provided remotely. There are many websites and platforms where you can find freelance work, such as Upwork, Freelancer, Fiverr, GoGet & many more platforms.
  2. Renting out a spare room: If you have a spare room in your home, you might consider renting it out on platforms like Airbnb or Homestay. This can be a good way to generate extra income, especially if you live in a popular tourist destination. Before you start renting out your spare room, you’ll want to make sure that within 10 years from your S&P stamped date your tenant is Malaysian! It is written in the Dasar Residensi Wilayah that RUMAWIP (now known as Residensi Wilayah Keluarga Malaysia) can only be rented out the Malaysian.
  3. Selling products online: There are many online marketplaces in Malaysia where you can sell products, such as Lazada, Shopee, and You can sell a wide range of products, from handmade crafts and clothing to secondhand items and electronics. If you’re interested in selling products online, you’ll need to create an account on one of these platforms and list your products for sale.
  4. Teaching a skill or offering tutoring: If you have a particular skill or expertise, you might consider offering lessons or tutoring services. This could involve teaching music, language, or any number of other subjects. You can advertise your services through social media or through websites like MyPrivateTutor.
  5. Renting out your car: If you have a car that you don’t use all the time, you might consider renting it out on platforms like Trevo or Flux. This can be a good way to generate extra income, especially if you live in a city with high demand for car rentals. Before you start renting out your car, you’ll want to make sure you have the necessary insurance coverage and that your car is in good condition.
  6. Renting out your equipment: If you have equipment, such as cameras, musical instruments, or tools, that you don’t use all the time, you might consider renting it out to others. You can advertise your equipment for rent on platforms like RentMy or Fat Llama (not popular in Malaysia yet).

Overall, there are many opportunities for side income in Malaysia, and the best option for you will depend on your skills, interests, and availability. With a little bit of creativity and effort, you can find a way to earn extra money on the side. For example, today is December 28, 2022, and starting a Nasi Kerabu stall market as a Nasi Avatar would probably get some attention. After all these suggestion, we can conclude that servicing a RUMAWIP housing loan is really not that hard. Even if you are laid off, you may service an RUMAWIP loan by working as a Grab driver or Grab rider. Not to mention, there is AirAsia, ShopeeFood and many more platform if you ever need a temporary backup job!

Do click HERE if you would like to stay tune vie Telegram for RUMAWIP sales agent opportunity!

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Understanding Wiring in RUMAWIP

All RUMAWIP (currently known as Residensi Wilayah Keluarga Malaysia) comes with

  • 13 Lighting Point (uses 1.5mm copper wire)
  • 20 13A Power Point (uses 2.5mm copper wire
  • 2 15A Power Point (uses 4mm copper wire)
  • 4 Fan Point
  • 1 Water Heater Point
  • 2 AC Point
  • 1 SMATV Point
  • 1 Telephone Point
  • 1 Door Bell Point

1.5mm, 2.5mm, and 4mm wire sizes are commonly used in residential electrical wiring, including in RUMAWIP unit. Here are some general guidelines for the use of these wire sizes:

1.5mm wire: This size of wire is typically used for low-voltage circuits such as lighting circuits.

2.5mm wire: This size of wire is typically used for circuits with higher current demands, such as those for larger appliances like refrigerators and microwave. It may also be used for circuits that need to run longer distances, such as from a circuit breaker panel to an outlet on the other side of the room. Generally in RUMAWIP you will need at least an additional circuit for an extra power outlet for a water filter, an air fryer and probably a steamer.

4mm wire: This size of wire is typically used for high-current circuits, such as those for heavy-duty appliances like high powered air conditioning units, those big ovens & if you are using storage water heater. It may also be used for long runs of wire or for multiple circuits that are bundled together.

The key to reliable wiring lies in the workmanship & the brand of wiring you use. Mega Kabel is the number one choice for copper wires in Malaysia.

It is important to use the appropriate wire size for the intended use of the circuit to ensure safety and prevent overloading. Always consult with a licensed electrician or an experience one as they are as good! Remember the electricians no matter how good they are, they are not going to buy you the best materials. Your local Chinese electrical shops with long lines of blue-collar workers are the best place to get your electrical supplies.

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RUMAWIP’s Furniture

Read this before you move into your RUMAWIP unit!

Living in a sRUMAWIP can be a great way to save money on rent and enjoy an urban lifestyle, but it can also present some challenges when it comes to furnishing and decorating your space. With limited square footage 9800 to 900 sqft) , it’s important to be strategic about the furniture you choose to ensure that your home feels comfortable, stylish, and functional.

One solution to this challenge is to invest in space-saving furniture that can help you make the most of your square footage and create a comfortable living environment. Here are a few tips for choosing space-saving furniture for your small condominium:

  1. Look for multi-functional pieces: When shopping for furniture, choose pieces that serve more than one purpose. For example, a coffee table with storage underneath or a bed with built-in drawers can help you save space and keep your home clutter-free.
  2. Consider foldable furniture: If you have limited storage space, consider purchasing foldable furniture that you can easily tuck away when not in use. Folding chairs, tables, and even beds can be a great solution for small condos. These types of pieces can be easily stored in a closet or under a bed when not in use, freeing up valuable floor space.
  3. Invest in wall-mounted furniture: Instead of taking up valuable floor space, consider mounting your furniture to the wall. Wall-mounted shelves, desks, and even beds can help you save space and create a more open and airy feel in your home.
  4. Use vertical space: Don’t forget about the vertical space in your home. Utilizing tall bookcases, shelving units, and even hanging plants can help you make the most of your vertical space and keep your home feeling spacious and organized.
  5. Choose small-scale furniture: When selecting furniture, opt for smaller pieces that won’t overpower your space. A loveseat rather than a full-size sofa, or a small coffee table rather than a large one, can help you save space and make your home feel more cohesive and inviting.

In addition to these tips, there are a few other strategies you can use to make the most of your small condominium. For example, you might consider using mirrors to create the illusion of more space. A large mirror on a wall can reflect light and make a room feel larger. You can also use light-colored paint and light-colored furniture to create a brighter, more open feel in your RUMAWIP.

Another way to save space in your small condominium is to use furniture that can be easily moved or reconfigured. For example, a futon or a fold-out couch can be used as a bed when you have guests, and then converted back into a sofa during the day. Similarly, a coffee table with wheels can be easily moved to a different part of the room when you need more space for entertaining.

Finally, it’s important to be strategic about your storage solutions. Rather than cluttering up your space with large, cumbersome pieces of furniture, consider using bins, baskets, and other organizational tools to keep your home neat and tidy. By using under-bed storage and other space-saving solutions, you can keep your small condominium feeling spacious and comfortable.

In conclusion, living in a RUMAWIP doesn’t have to mean sacrificing style or comfort. By choosing space-saving furniture, using vertical space, and being strategic about your storage solutions, you can create a comfortable, functional, and stylish home in even the smallest of spaces. Singaporeans are the perfect examples in doing this!

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RUMAWIP Interior Design Tips

8 ID Tips You Must Follow

Designing the interior of a RUMAWIP unit can be a challenging but rewarding task. With careful planning and some creative thinking, you can transform your 800-900 sq ft space into a stylish and functional home that reflects your personal style. Here are a few tips to get you started:

  1. Keep it light and bright. Use light colors on the walls, flooring, and furnishings to create the illusion of more space. Avoid dark colors, which can make the space feel smaller and cramped.
  2. Use multifunctional furniture. Choose furniture that can serve multiple purposes, such as a coffee table that can also be used as a dining table or a storage ottoman that can double as a seating option.
  3. Make use of vertical space. Use shelves and wall-mounted organizers to store and display items, rather than letting them take up valuable floor space. (RUMAWIP have 3 rooms, best not use them as store room!)
  4. Use mirrors to create the illusion of more space. Place mirrors opposite windows or other light sources to reflect light and create the illusion of more space.
  5. Invest in a high-quality sofa. A comfortable and stylish sofa can be the centerpiece of your living room, and it’s worth investing in a good one that will last for years. Look for options with clean lines and a smaller footprint to save space.
  6. Use rugs to define spaces. Rugs can help to create separate areas within an open floor plan, such as a dining area or a seating area. Choose a rug that is proportional to the size of the space, and avoid overly busy patterns that can make the space feel cluttered.
  7. Choose furniture with storage. Look for furniture that has built-in storage, such as a bed with drawers or a coffee table with a shelf. This will help you keep clutter to a minimum and make the most of your space.
  8. Embrace minimalism. When it comes to decorating a small space, less is often more. Choose a few key pieces and let them shine, rather than trying to fill the space with too many things.

By following these tips, you can create a stylish and functional condominium that is perfect for your needs. With some careful planning and creativity, you can turn your RUMAWIP unit into a beautiful and comfortable home.

Lighting & Space

Lighting and space go hand in hand in creating a functional and visually appealing environment. Good lighting design can enhance the aesthetic of a space, while also providing practical solutions for tasks and activities. On the other hand, the layout and design of a space can also impact the effectiveness and efficiency of lighting.

One important factor to consider when designing lighting for a space is the purpose of the space. Different types of spaces, such as living rooms, kitchens, and offices, have different lighting needs. For example, a living room may require softer, more ambient lighting for relaxation and socializing, while a kitchen may require brighter, more task-oriented lighting for food preparation and cooking.

In addition to the purpose of the space, the size and layout of the space should also be considered when designing lighting. Large, open spaces may benefit from multiple light sources, such as a combination of overhead lighting, floor lamps, and table lamps, to create a cohesive and well-lit environment. Smaller, more confined spaces may require strategic lighting placement to maximize the use of available light.

The use of natural light should also be considered when designing lighting for a space. Natural light can provide a sense of warmth and comfort, as well as save energy by reducing the need for artificial lighting. Window treatments, such as blinds, shades, and curtains, can be used to control the amount and direction of natural light entering a space.

In addition to functional lighting, decorative lighting can also be used to enhance the aesthetic of a space. Decorative lighting, such as chandeliers, pendant lights, and wall sconces, can add character and interest to a space, while also providing task or ambient lighting.

Overall, lighting is an important aspect of space design, and should be carefully considered in order to create functional and visually appealing environments. By taking into account the purpose of the space, the size and layout of the space, and the use of natural light, it is possible to create a well-lit space that meets the needs of the user.

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Fuse Trip Solution?

Here are the steps to inspect a house for a fuse trip:

  1. Locate the fuse box or circuit breaker panel in your home.
  2. Check the switches or fuses to see if any are in the “off” position or have tripped. (The picture show a perfect position where the switch are facing upwards)
  3. Reset any tripped switches by switching them back to the “on” position or replace any blown fuses with new ones of the same amperage.
  4. Once all switches are in the “on” position, check to see if any switches or fuses trip again.
  5. If any switches or fuses trip repeatedly, unplug all appliances and turn off all lights connected to that circuit.
  6. Turn the switch or replace the fuse again and plug in appliances one by one to determine which one is causing the circuit to trip. (this is why the local Malaysian electrician unwillingly to serve you as this will take a long time and it is hard to make a profit for electrical inspection; especially when the cause of fuse trip is not instantaneous)
  7. Once you have identified the appliance causing the trip, have it repaired or replaced by a qualified electrician. RUMAWIP are using single phase electric; you only need a PW1 Wireman for this type of inspection and if you can’t find one do consider those old Chinese uncle electrician who is usually reliable (not renovation contractor!)
  • Please take note , sometimes it maybe the wiring or ELCB that is spoil but it rarely happens as they are usually more reliable than the appliance. (unless you are using those 1980’s KDK fan lol)

Note: It’s important to exercise caution when inspecting electrical systems and to avoid touching any exposed wires or components. If you’re not comfortable performing these steps yourself, it’s best to hire a licensed electrician to inspect and repair any electrical issues. The real problem is negotiating the right price for these type of work! Fuse trips are extremely rare; yet, they do occur often as a result of cost-cutting renovation work which uses low quality material and low skill worker. (A KDK fan back in the 1990’s can last 80 years & wiring works using Mega Kabel cables last literally forever )

If you are interested in purchasing an RUMAWIP, also known as a Residensi Wilayah, please join our Telegram Channel to be among the first to know. Most RUMAWIP comes as bare unit; it is important to plan out your renovation work before to move in.

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OPR (Overnight Policy Rate) & RUMAWIP


The Overnight Policy Rate (OPR) has a direct impact on a bank’s Base Rate (BR) and Base Lending Rate (BLR) as well as the Standardised Base Rate (SBR), where the BR, BLR and SBR normally drops or raises in parallel to an OPR cut/hike. OPR reduction, it will benefit RUMAWIP buyers to get a home loan product with reduced starting interest rate. This is because lowering the OPR lowers the effective lending rate (ELR) of current house loans with variable or floating rates. Existing borrowers, in other words, will gain from either reduced monthly instalments or a loan with a shorter repayment period (if the old monthly instalment sum is maintained). Even though banks are compelled by law to reduce variable home loan monthly payments, they will still provide customers the opportunity to shorten their term. Fixed rate mortgage package will notice no changes in their monthly instalment payments (AIA offers this but they have never empanel any RUMAWIP project & other banks who does offer this package as limited time promotion only)

OPR Raise Effects

Lately BNM have raised the OPR multiple times, banks’ interest rates will be revised upward proportionately and thereby making it costlier for individuals to obtain a loan for RUMAWIP.  Higher OPR will increase your monthly payments. Whenever the OPR goes up, banks will pass on the increased borrowing cost in the form of a higher interest rate to customers, which in turn raises the amount of your monthly instalment payments. A 0.25% rise in OPR for an RM300,000 RUMAWIP loan with a 30-year term will likely result in an RM42.6 increase in monthly instalment payment. This means that the borrower will have to pay an additional RM15,336 in interest payments over the course of the 30-year period.

Loan duration will rise if the monthly payment amount is maintained. If the former monthly payment amount is kept, the payback time will be extended because of the rise in interest rate. For example, if you had an RM300,000 35-year house loan with a 4% interest rate, your monthly instalment will be RM1328.32. If you opt to retain the monthly instalment amount at RM1328.32, the payback duration of your home loan would rise when the OPR is increased by 0.25% and the bank’s interest rate may increased to 4.35%.

Given the recent several OPR rises, banks are expected to raise their Standardised Base Rate (SBR), Based Lending Rate (BLR), and Base Rate (BR)

The SBR is a new Reference Rate Framework that was introduced by BNM to replace the BR for new retail floating-rate loans in Malaysia, such as house loans and personal loans, commencing 1 August 2022. The SBR is supposed to replace the BR, a reference rate that was launched on 2 January 2015. The BR was designed to replace another reference rate, the BLR. Under the former reference rate regime, each bank is authorised to determine its own BR. This implies that every bank has a distinct BR.

Once the new SBR structure is implemented, all banks will utilise a single rate – the SBR. As the SBR would be the same for each bank, it will be easier for consumers to evaluate the numerous loan packages offered by banks.

Aside from the SBR, BR, and BLR, the spread charged by the bank is as crucial. This spread represents the bank’s profit margin. The spread, as it is known among banks, is always set.
Take BR as an example, by adding the BR with the individual bank’s spread (profit margin), you will get the effective lending rate (ELR). For iexample : 4% (BR) + 1% (Spread) = 5% (Effective Lending Rate)

The Base Rate (BR) replaced the Base Lending Rate on January 2, 2015. (BLR). This adjustment was made for various reasons – The BLR lacks transparency, which makes it difficult for customers to make a well-informed choice. In comparison, the BR system requires banks to reveal their profit margin (spread rate), while also fostering healthy competition among banks. Ultimately, it benefits customers since banks will now have to set their BR depending on their particular efficiency.

OPR & Debt Service Ratio (DSR)

Debt Service Ratio must not exceed 60% for My First Home Scheme (100+10% Home Financing). With the currecnt increases of OPR, many RUMAWIP applicants may not be able to qualify for this scheme which is chosen by the mojority RUMAWIP applicants. In the year 2023, there will be a greater demand and supply of RUMAWIP (known as Residensi Wilayah Keluarga Malaysia) and proper planning is advise in order for you to successfully buy your first home. Do WhatsApp  us for pre loan checking as we can advise you on your options in applying the RUMAWIP housing.

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5 Tips for RUMAWIP Loan Approval

Minimum Employment Tenure

Most bank requires applicant for My First Home Scheme (100% Financing) to be employed in the same company for at least one year. If applicant is not, chances for approval is lower and even if the loan approval for the specific RUMAWIP is obtained; the interest rate will be substantially higher compare to the usual interest rates.

CCRIS Record

RUMAWIP buyer must have a CCRIS record. If one do not have a record, some bank may require additional supporting documents such as degree certificate, savings account record or etc. We always advise client to apply for a credit card in order to score better in the bank scorecard for loan approval (every bank have a different scoring mechanism on client)

Minimum Debt to None

DSR (Debt Service Ratio) is set to a maximum of 60%. It is always better to keep debt low to nil in order to secure the mortgage with the lowest interest rates! Zero debt is encourage but please keep a record such as a credit card to prevent record showing clean CCRIS which is detrimental to your loan application.

Perfect Payment Record

Bank love good paymaster, reward good paymaster & dislike new to bank client in the areas of lending. So if you have a borrowing with the bank, just by paying on time may get you the best offer in the housing loan.

Industry Standard Salary Slip

Payment voucher or record from e-hailing / delivery rider income are not accepted by the bank and have no chance in in any RUMAWIP project loan approval. Salary slip with EPF contribution is required when applying for a housing loan. Side income without EPF contribution will not be recognise by the bank.

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