RHB Bank rolls out Makeover Flexi Loan in Malaysia
Financing tenure is up to 35 years or until the borrower reaches the age of 70.
RHB Bank has partnered with The Makeover Guys, a home renovation company, to introduce the Makeover Flexi Loan in Malaysia.
The Makeover Flexi Loan offers financing for both home purchases and renovations with financing support of up to 120% of the property’s value.
It offers up to 90% financing for the property purchase, with an additional 30% for renovation works, mortgage reducing term assurance or takaful (MRTA/MRTT), as well as legal and documentation fees.
Financing tenure is up to 35 years or until the borrower reaches the age of 70, whichever comes first, the bank said.
It comes with Full Flexi features, with customers able to make additional repayments and redraw funds.
Malaysia’s home improvement and renovation market was valued at $11.79b (MYR47.7b) in 2024 and is projected to grow to $14.63b (MYR59.2b) by 2029, RHB Bank said, citing data from local media.
Home financing is widely available in Malaysia, but renovation financing is often treated as a separate loan, RHB said.
(US$1 = MYR 4.05, as of 16 September 2026)