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USD 15,000.00 0.01
JPY 108.00 0.01
GBP 18,660.00 0.00
AUD 9,911.00 0.01
HKD 1,964.00 0.01
SGD 11,111.00 0.00
EUR 16,058.00 0.01
MYR 3,329.00 0.00
SAR 4,099.00 0.01
CNY 2,114.00 0.01
Currency Purchasing Price Selling Price
  • USD 14,800.00 15,000.00
  • JPY 106.00 108.00
  • GBP 18,405.00 18,660.00
  • AUD 9,775.00 9,911.00
  • HKD 1,838.00 1,964.00
  • SGD 10,959.00 11,111.00
  • EUR 15,837.00 16,058.00
  • MYR 3,181.00 3,329.00
  • SAR 3,846.00 4,099.00
  • CNY 2,086.00 2,114.00
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BTN iB Construction Financing Program and BTN iB Land Ownership Financing Program

Financing intended to fund working capital needs for housing projects which include buildings or related infrastructure using a cooperation agreement (Musyarakah)

Promo
Info

Valid Thru April 01 2023 – December 31 2023
Promo Type BTN iB Construction Financing & BTN iB Land Ownership Financing
Applies For Developers/Institutions/Individual Customers and Prospective Customers
Terms and Benefits
  1. The Petitioner is a Business Entity in the Form of a Legal Entity/Non-Legal Entity/and an Individual

  2. Maximum 80 % of RAB for Housing, Facilities and Infrastructure Needs

  3. House Building Works Include: Preparatory work, foundation, structure, wall, roof, electrical, sanitary up to finishing work

  4. House Facility Works Include: Certificate resolution, IMB resolution, PLN electricity connection, PDAM/Borewell installation, etc

  5. House Infrastructure Works Include: Road works, primary/secondary channels, electricity transformer installation, public facilities (parks, etc.), social facilities (mosques, etc.), and TPSS

Terms and Benefits
  1. The Petitioner is a Business Entity in the Form of a Legal Entity/Non-Legal Entity/and an Individual

  2. Financial ceiling is 70% of Land Value based on AJB

  3. The defrosting mechanism is lump sump with Reimbursement Pattern

  4. Criteria for a simple house is a house that is not flat with an area of not more than 70m2 (seventy square meters) built on land with an area of 54m2 (fifty-four square meters) up to 200m2 (two hundred square meters) with the highest construction cost per square meter for the construction of a type C official house; and/or

  5. Flats with floor area not more than 63m2 (thirty-six square meters).


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