Hi all,


I understand some of you might not understand the document required by MyDeposit. I can assist you guy like the documents they required.

- Salinan surat akuan sumpah bekerja sendiri. (if you are self-employed, you need write in a letter regading you are warganegara malaysia, the salary you earn per month and etc).

- Salinan surat pengesahan majikan. ( Employment offer letter)

Salinan surat pencen( Jika berkenaan). (This one normally apply to the government servant who choose pencen scheme)

Salinan surat tawaran /pengesahan daripada pemaju/penjual. (This mean the booking form issued from developer or agency)


salinan Sistem Maklumat Rujukan Kredit Pusat(CCRIS) pemohon dan pasangan. (You may go to Bank Negara to print out the CCRIS report)

MyDeposit application is same as MyHome scheme, only the criteria of the housing selling price and the applicant's salary required are different. And, MyHome do not require the CCRIS report from applicant.

The process flow is fill in online application form and submit - if you fulfill the requirement, they will send you the offer letter - Sign the offer letter and do commission oath, then return to JPN - After gather all the documents and submit to JPN - After the officer check and no query, the RM30k will be credited.

If you buy the house from developer, the developer will compile all the documents and submit:
- The developer's HDA bank account statement
- The HDA account letter issued by the bank
- The stamped copy of bank offer letter. If your are LPPSA borrower, need the copy offer letter together with the Lampiran E signed)
- The copy of MyDeposit offer letter
- The stamped copy of SPA with chop the word of "MyDeposit" in every page of the SPA copy. Please make sure the SPA copy is completed, no missing page.
- Invoice prepared by the developer.

Then, submit all the compiled documents to JPN. If the documents are ok, no query, then JPN will credited the 30K to developer HDA account.

If you are obtained the full loan (LPPSA), you can get the 30k at the end from developer. If obtained 90% of the commercial loan, the purchaser no need pay downpayment. The developer will issue letter of differential sum settled to loan solicitor. The loan solicitor will do their part.

This post has been edited by Jesscey: Apr 9 2016, 01:59 PM

For MyHome 2 Scheme, I can tell you that many buyers cancelled the offer even signed the offer letter and did commission oath already because their loan have been rejected by bank, so no choice to let go.

If the Developer offer 10% rebate, you still can able to get the 30k cash if you obtained 90% loan. Only depend on how the developer give back the 30k to you. Some of the developers may issue the 30k cheque to you after vacant possession. Some of the developers may give back to you after first drawdown from your bank.

Actually MyDeposit = MyHome 1 and 2 Scheme.
Only the required criteria are different like salary range, property selling price, CCRIS report.
30k sure give away to the applicants if they fulfill the said requirements.

Not sure if you are getting or not. But if you apply, you still have the possibility of chance to get the 30k subsidy. Otherwise, you just sit and wait from the sky drop down the 30k to you (just joking).

so fast as I know the MyHome 2 Scheme quotas are assigned to those participated developers in accordingly.

This post has been edited by Jesscey: Apr 8 2016, 11:59 PM

For MyHome 1 and 2, you have to ask your friend to call the developer whether have they participate the scheme or not. ( I've ever tried to look for those developers participated name list but failed). The 30k won't credited to your account so soon. Imagine only less than 10 staffs to handle the myhome scheme and MyDeposit from answering the overwhelming enquiry calls, processing the thousand of applications, issue the offer letters and other documentation works.

For MyDeposit, if the total salary of you and your partner is not exceed more than rm10k per month is eligible to apply.

This post has been edited by Jesscey: Apr 8 2016, 11:41 PM

Sorry to say that there have a lot of rubbish agents in Malaysia. For MyDeposit, there is a mutual agree in between the seller and the buyer. There is nothing to do with the developer unless the property that you purchased is still under master title, then the sub-sale transaction need go through developer for issue the consent.

For secure purpose, many buyers signed the MyHome offer letter only sign the SPA and go through all the documentation process. After that, developer will compile all the required documents by JPN like stamped copy of bank offer letter, stamped copy of SPA chop with 'MyDeposit' in every page and etc. Once the documents that developer submit to JPN is fulfill the requirement, JPN will credited the 30k to developer. After that, depend on developer how to pay back to you either pay you after vacant possession or after your bank first drawdown to developer. This is subjective to the developer's procedure.

Kod Pemaju and no lesen refer to dveloper's SSM registration no. and developer license.

First,you have to ask the owner whether he or she can accept MyDeposit or not. So far, I don't think the owner or agent is willing to accept the MyDeposit as downpayment because the transaction may take a long time to process. Unless you can pay the downpayment first, then till all the transactions are completely done, only JPN will credit to your solicitor as stakeholder sum.

If you have keen on follow up with the JPN after submit all the documents, not more than 2 months and also depend on your luck .

In the event the sale is aborted during the transaction regardless attributed to any reason, the offer may invalid.

MyHome or MyDeposit, one of the term and condition is you can't sell off the property within 10 years. One of the reason for this sekatan is because government need to take care of the lower income family. In Malaysia, there has a lot of lower income families. For example, total of monthly salary for husband and wife's is not more than rm2k and have 3 kids. This is truth. You can't even imagine how could they survive at this inflation country.

I'm not working with JPN but is at one of the developer's firm. I just share my experience with you guys. In this industry, JPN and LPPSA department is the most frequent places we go to visit. lol..

No doubt that there a lot of purchasers are not really understand the how is the procedure is going on, I only try to assist out. If you know how many officers to handle this MyHome and MyDeposit scheme, you will pity on their works. Government staff always entitle to obtain the full loan if they fulfill the requirement which is the salary range. As long as your selling price stated in SPA is "the mark up" amount, the officer won't know the said price is "mark up" one unless you disclose your discount to the bank officer when you apply the loan. (Don't laugh, some of the buyers will show the booking form copy which is stated the discount when submit doc to apply loan)

second hand house

Sooneset, many of the application forms will be withdraw due to incomplete documents submitted.

Please be patient, there was only one officer to issue offer letter for MyHome scheme, one officer to vetting the application forms previously. I'm not sure whether the JPN increase manpower supply or not now.

It also can apply to single. For couple, the total salary of you and your partner is not exceed than rm10k only eligible.

You placed rm2K as deposit and asked to sign the SPA. In the event you failed to obtain loan from bank and the SPA stamped already, will the developer refund the deposit to you if you managed to get the bank rejection letter to them?

You can go to apply the MyDeposit while waiting for the loan approval. The stamped SPA and stamped bank offer letter will need to be submitted when claim the 30k.

If based on the selling price rm500k, rm2k sure can cover the spa fee plus disbursement fee plus 6% GST. Only waste the time to print out the 4 sets of SPA and duly executed by the buyers, but at the end up, the purchaser failed to obtain the loan.