About SSBT
An alternative financing solution designed for retirees aged 60 to 70 years old who own more than one property. Transform your non-primary home into a reliable monthly cash flow. Keep ownership with no repayments and fixed monthly payouts during the financing period.
Understanding SSBT: Your Property, Your Financial Certainty
SSBT converts your mortgage-free non-primary home into predictable monthly payouts over 5 or 10 years. With no monthly repayments, a fixed monthly payout, and full ownership retained, it's designed to give Malaysian retirees financial breathing room when they need it most.
Eligibility Criteria
If you're a Malaysian citizen, aged 60-70 years old, and own more than one property, you could be eligible for SSBT.
Borrower
Citizenship
Malaysian citizen
Age
between 60 to 70 years old at time of application
Property Ownership
Own or co-own a residential property
Application Limit
One application per borrower
Joint Applications
Apply with your spouse, parent, sibling, or child. At least one borrower must be aged 60-70
Reapplication
Reapplication is allowed post-settlement
Property
Mortgage Status
Mortgage-free, unencumbered, and free from caveats or Hibah
Application Limit
Only one property is allowed per application
Residency
Non-primary home
Insurance
Must have fire or home insurance/takaful coverage
Type of Property Title
Freehold or leasehold property (minimum 60 years at maturity)
What SSBT Helps You Achieve
Medical Expenses
Cover ongoing treatments, specialist consultations, or medications without depleting your other savings
Home Improvements
Renovate your residence for better accessibility, comfort, or ageing-in-place modifications
Living Expenses
Reduce financial stress with additional living expenses
Children’s Education Fees
Support your children or grandchildren’s academic pursuits
Emergency Fund
Build a financial cushion for unexpected expenses without touching your primary savings
