Malaysian housing loan rates, tracked monthly
Every Monetary Policy Committee decision, every month, in one table — plus what the banks actually quote. Verified 19 October 2026. Cite it, link it, argue with it.
Where rates stand
The Overnight Policy Rate has been 2.75% since 9 July 2025. The Monetary Policy Committee has held at all eight decisions since, most recently on 3 September 2026. The next decision is due in November 2026.
| Decision date | Change | OPR after | Outcome |
|---|---|---|---|
| 3 Sep 2026 | 0 | 2.75% | Hold |
| 9 Jul 2026 | 0 | 2.75% | Hold |
| 7 May 2026 | 0 | 2.75% | Hold |
| 5 Mar 2026 | 0 | 2.75% | Hold |
| 22 Jan 2026 | 0 | 2.75% | Hold |
| 6 Nov 2025 | 0 | 2.75% | Hold |
| 4 Sep 2025 | 0 | 2.75% | Hold |
| 9 Jul 2025 | −25 bp | 2.75% | Cut |
Source: BNM OPR decisions, read 19 October 2026.
What the banks quote
All six price off an SBR of 2.75%. The band is the published spread for a standard housing loan before negotiation.
| Bank | SBR | Effective band | Product |
|---|---|---|---|
| Maybank | SBR 2.75% | 3.80% – 4.15% | Standard housing loan, tiered by margin |
| CIMB | SBR 2.75% | 3.85% – 4.20% | Standard housing loan |
| Public Bank | SBR 2.75% | 3.80% – 4.10% | Standard housing loan |
| RHB | SBR 2.75% | 3.90% – 4.25% | Standard housing loan |
| Hong Leong | SBR 2.75% | 3.90% – 4.30% | Standard housing loan |
| AmBank | SBR 2.75% | 4.00% – 4.30% | Standard housing loan |
Indicative only: the margin you are offered depends on the property, the margin of finance, tenure and credit profile. Quoted rates change without notice.
What moves your rate
- Margin of finance. 90% is priced above 70% — the bank carries more risk on the same property.
- Tenure. 35 years is priced above 25, because the exposure is longer.
- Lock-in. A three-year lock-in buys a lower rate and costs 2–3% to exit.
- MRTA or MLTA. Bundled cover can move the rate either way; compare the all-in cost, not the headline.
How to use these numbers
Run your own figures through the home loan calculator, then check the instalment against the stress-test rate the bank uses (typically 4.30% or higher). If the higher instalment is uncomfortable, the loan is too big whatever the headline rate says.
Cite this page
Loankira. "Malaysian housing loan rates, tracked monthly (2026)." Verified 19 October 2026.
https://loankira.com/housing-loan-rates-2026Frequently asked
What is the SBR right now?
The Standardised Base Rate tracks the Overnight Policy Rate one-for-one, so it is 2.75% while the OPR is 2.75% — unchanged since 9 July 2025.
Why is my effective rate higher than the SBR?
The SBR is the benchmark, not your price. The bank adds a spread for the margin, tenure, lock-in and your credit profile; that spread is the negotiable part.
How often is this page updated?
Monthly, and immediately after every Monetary Policy Committee decision. The verification date sits at the top of the table.
Can I cite these figures?
Yes — the citation block below is in copy-paste form. Link back to this page so the figures stay current for your readers.