Which three main housing schemes are part of i-Biaya?

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The i-Biaya initiative encompasses three primary housing schemes to facilitate loan access for lower-income groups.

The i-Biaya initiative, jointly launched by the Ministry of Housing and Local Government (KPKT) and the Ministry of Finance (MoF), aims to streamline housing loan access for individuals within the M40 and B40 income brackets. This integrated approach consolidates several key housing finance facilities under one umbrella.
Housing Credit Guarantee Scheme (SJKP)

The Housing Credit Guarantee Scheme, operated by Syarikat Jaminan Kredit Perumahan Bhd (SJKP), is a significant component of i-Biaya. This scheme has been allocated RM3 billion and is designed to assist individuals, particularly those in the gig economy or without formal salary slips, in securing housing loans. The expansion of this scheme aims to broaden eligibility criteria for loan applicants.
My First Home Scheme (SRP)

Cagamas SRP Bhd administers the My First Home Scheme (SRP), which is projected to benefit approximately 25,000 applicants from the B40 and M40 groups. This scheme is expected to facilitate financing totalling RM5.9 billion. The government's 'Jamin Kerja' initiative, with an allocation of RM4.8 billion targeting 600,000 job opportunities, is intended to indirectly support this scheme by boosting the earning potential of eligible individuals. The SRP financing is available for houses priced up to RM500,000 for applicants earning RM10,000 or less per month.
PR1MA Rent-to-Own (RTO) Scheme

The PR1MA Rent-to-Own (RTO) Scheme, managed by PR1MA Corporation Malaysia (PR1MA), offers a pathway for prospective homeowners to rent a property with the option to purchase it later. Under this scheme, the purchase price is fixed in the sixth year of tenancy, with financing provided by Maybank. This arrangement allows individuals to gradually build towards homeownership while residing in the property.

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Which three main housing schemes are part of i-Biaya?

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