{"id":18097,"date":"2023-08-23T04:15:00","date_gmt":"2023-08-22T20:15:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/financial-privileges-malaysians-get-to-enjoy.html"},"modified":"2026-03-27T18:52:07","modified_gmt":"2026-03-27T10:52:07","slug":"financial-privileges-malaysians-get-to-enjoy","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/money-tips\/financial-privileges-malaysians-get-to-enjoy.html","title":{"rendered":"Financial Privileges Malaysians Get To Enjoy!"},"content":{"rendered":"\n<div>\n<p>Malaysia is going to celebrate its <span style=\"background-color: #ffffff;\">66th<\/span> anniversary of independence this year! To help you get in the patriotic mode, we have listed a few financial privileges only Malaysians get to enjoy in this article.&nbsp;<\/p>\n<h2><br>Housing schemes<\/h2>\n<p id=\"block-1ac16b3c-bfcc-4337-a22c-bd64937aaf76\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"1ac16b3c-bfcc-4337-a22c-bd64937aaf76\" data-type=\"core\/heading\" data-title=\"Heading\" tabindex=\"0\"><strong>for all income groups in Malaysia<\/strong><\/p>\n<figure id=\"block-47293144-fc80-479a-9e0d-a277e536c496\" tabindex=\"0\" role=\"group\" aria-label=\"Block: Image\" data-block=\"47293144-fc80-479a-9e0d-a277e536c496\" data-type=\"core\/image\" data-title=\"Image\">\n<div><img data-recalc-dims=\"1\" height=\"336\" width=\"640\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/FI_financialpriviledge-01-1024x537.png?resize=640%2C336&#038;ssl=1\" alt=\"This image has an empty alt attribute; its file name is FI_financialpriviledge-01-1024x537.png\" loading=\"lazy\">\n<div>&nbsp;<\/div>\n<\/div>\n<!--more-->\n<div>&nbsp;<span style=\"background-color: transparent; color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);\">No doubt, housing prices are getting ridiculous nowadays but thanks to housing schemes that are now available for all income groups, home ownership has become possible. #FYI, Malaysians are categorized into three different income groups: Top 20% (T20), Middle 40% (M40), and Bottom 40% (B40). Let&#8217;s find out what housing schemes are available for all income groups.<\/span><\/div>\n<\/figure>\n<h3 id=\"block-7accac94-ceba-46ef-b8f6-98b504813bab\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"7accac94-ceba-46ef-b8f6-98b504813bab\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>T20 housing scheme<\/strong><\/h3>\n<h4 id=\"block-9387249c-c215-49da-ba46-b5982eeb6fbf\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"9387249c-c215-49da-ba46-b5982eeb6fbf\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>PRIMA<\/strong><\/h4>\nAiming to provide high-quality housing for Malaysians, PR1MA houses are priced between RM100,000 and RM400,000. Technically PR1MA housing is not exclusive to T20 income groups however you are eligible to apply if you have an individual or combined household income of RM2,500 \u2013 RM15,000.<br><br>Other eligibility criteria:&nbsp;<\/div>\n<ul>\n<li>Malaysian citizen<\/li>\n<li>Be over the age of 21<\/li>\n<li>Own no more than one property between you and your spouse<\/li>\n<\/ul>\nRelated: Find out which income groups you belong to, <a href=\"\/budgets-tax\/articles\/t20-m40-b40-malaysia\" rel=\"noopener\" target=\"_blank\">here<\/a>.&nbsp;<br>\n<h3 id=\"block-ff7166b4-e257-4dfd-adee-89e5a8c4cb7a\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"ff7166b4-e257-4dfd-adee-89e5a8c4cb7a\" data-type=\"core\/heading\" data-title=\"Heading\"><strong><br>B40 and M40 housing schemes<\/strong><\/h3>\n<h4 id=\"block-d89f8395-5925-4869-a0b6-59dbcbc15b36\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"d89f8395-5925-4869-a0b6-59dbcbc15b36\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>Rent-To-Own (RTO)<\/strong><\/h4>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-e15b6b12-89cb-4f90-868d-474aeab9bb0b\" data-block=\"e15b6b12-89cb-4f90-868d-474aeab9bb0b\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">First announced in Budget 2020, Rent-To-Own (RTO) is one of the government initiatives to help out Malaysians that couldn\u2019t afford to own a house. It&#8217;s a scheme that allows you to lease a selected property for up to 5 years before purchasing it. You can then purchase the property at a price stated in the rental agreement when the lease was first signed!&nbsp;<br><br>Read more on RTO, <a href=\"\/property\/articles\/rent-to-own-scheme\" rel=\"noopener\" target=\"_blank\">here<\/a>.<\/p>\n<h4 id=\"block-2c11134b-2e55-4228-8e15-0077d6fa9e53\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"2c11134b-2e55-4228-8e15-0077d6fa9e53\" data-type=\"core\/heading\" data-title=\"Heading\"><a href=\"https:\/\/residensiwilayah.kwp.gov.my\/\"><strong>Residensi Wilayah&nbsp;<\/strong><\/a><\/h4>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-0236622b-6831-4172-9455-6fa7e3ada379\" data-block=\"0236622b-6831-4172-9455-6fa7e3ada379\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Previously known as RUMAWIP, Residensi Wilayah is an affordable housing program for those who were born, working, or living in any Federal Territories to own their first property. All Residensi Wilayah units are below the market price. Here are details on the types of properties you can purchase under the program:&nbsp;<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-921d3a7f-5a41-4ea8-aa20-e0aeb8ab24bd\" data-block=\"921d3a7f-5a41-4ea8-aa20-e0aeb8ab24bd\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\"><strong>Low-priced house<\/strong><\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-295308a7-3249-4ba3-920b-a7838b4258ca\" data-block=\"295308a7-3249-4ba3-920b-a7838b4258ca\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Built-up: 700 sq ft<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-3c90280f-7a8e-473b-a5bc-dd60334108a7\" data-block=\"3c90280f-7a8e-473b-a5bc-dd60334108a7\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Price: RM63,000 (KL and Putrajaya), RM52,000 (Labuan)<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-6a52bce1-c6ba-41ab-8c0b-17ad1bc3cba2\" data-block=\"6a52bce1-c6ba-41ab-8c0b-17ad1bc3cba2\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\"><strong>Medium low-priced house<\/strong><\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-17243ca7-cff6-4f41-872f-ff7396379a43\" data-block=\"17243ca7-cff6-4f41-872f-ff7396379a43\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Built-up: 800 sq ft<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-5f4ed88a-62e3-4738-a9cb-67b8bac49857\" data-block=\"5f4ed88a-62e3-4738-a9cb-67b8bac49857\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Price: RM63,001 \u2013 RM150,000<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-90a5457f-8c6e-4260-9bf8-9252ddd6bec2\" data-block=\"90a5457f-8c6e-4260-9bf8-9252ddd6bec2\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\"><strong>Medium-priced house<\/strong><\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-35500074-994c-4dc3-9572-818521302b46\" data-block=\"35500074-994c-4dc3-9572-818521302b46\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Built-up: 650 sq ft<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-1d991c3d-f65b-489b-8a92-8f042300d143\" data-block=\"1d991c3d-f65b-489b-8a92-8f042300d143\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Price: RM150,001-RM300,000<br><br><\/p>\n<h3 id=\"block-ff1f514e-b859-40a7-a224-80788d2b7609\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"ff1f514e-b859-40a7-a224-80788d2b7609\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>For freelancers or with irregular incomes<\/strong><\/h3>\n<h4><span style=\"font-size: 20px;\"><strong>Housing Credit Guarantee Scheme (HCGS)<\/strong><strong><br><\/strong><\/span><strong><span style=\"font-size: 12px;\"><br><\/span><\/strong><span style=\"font-size: 18px;\">HSGS provides a guarantee to banks and financial institutions, which means that they are less likely to lose money if the borrower defaults on their loan. This makes it easier for borrowers to get approved for a loan and get the best possible interest rate<strong>.<\/strong><\/span><strong><br><\/strong><strong><br><\/strong><span style=\"font-size: 18px;\">Eligibility criteria:<\/span><\/h4>\n<ul>\n<li aria-level=\"1\">Malaysian aged 18 to 60 years old&nbsp;<\/li>\n<li aria-level=\"1\">First house purchase for own occupancy<\/li>\n<li aria-level=\"1\">Average monthly income of at least RM1,000<\/li>\n<\/ul>\n<h4 id=\"block-e87436de-b269-453c-8dd5-a197f43204d6\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"e87436de-b269-453c-8dd5-a197f43204d6\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>BSN MyHome Program Perumahan Rakyat<\/strong><\/h4>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-7a643616-915a-4dc0-bb0b-298a21cedd55\" data-block=\"7a643616-915a-4dc0-bb0b-298a21cedd55\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">BSN MyHome is a housing loan offered to freelancers and people with irregular incomes to buy their first home by Bank Simpanan Nasional (BSN). The minimum income required to apply for the BSN MyHome initiative is only RM1,000! With the loan amount capped at RM300,000, you are entitled to 100% financing.<\/p>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" data-block=\"7a643616-915a-4dc0-bb0b-298a21cedd55\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\"><a href=\"https:\/\/www.comparehero.my\/personal-loan\" style=\"font-size: 11px;\" rel=\"noopener\" target=\"_blank\"><span><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/ChLT_CZmg6l0eyVfi6GAEk8fdv_FCkg7FYKUfh6r716t1OEjukOmNmYr4He0BoJT-ZgGD4t4ZaGhX3jAAL1PO5N7SMl3qbbsV_WlQxTw_nIvpDYLhPXYlqr2G3B180blPZY0cWEMViaVDcjWkW4TxSc\" width=\"624\" height=\"140\" loading=\"lazy\" alt=\"https:\/\/www.comparehero.my\/personal-loan\"><\/span><\/a><\/p>\n<h2 id=\"block-63c86286-9205-4323-892d-21d523902371\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"63c86286-9205-4323-892d-21d523902371\" data-type=\"core\/heading\" data-title=\"Heading\"><strong><br>Healthcare&nbsp;<\/strong><\/h2>\n<figure id=\"block-df4c844f-ce97-4dea-ba63-e651ea0c4d73\" tabindex=\"0\" role=\"group\" aria-label=\"Block: Image\" data-block=\"df4c844f-ce97-4dea-ba63-e651ea0c4d73\" data-type=\"core\/image\" data-title=\"Image\">\n<div><img data-recalc-dims=\"1\" height=\"336\" width=\"640\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/FI_financialpriviledge-02-1024x537.png?resize=640%2C336&#038;ssl=1\" alt=\"This image has an empty alt attribute; its file name is FI_financialpriviledge-02-1024x537.png\" loading=\"lazy\">\n<div><span style=\"background-color: transparent; color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align); font-size: var(--bs-body-font-size);\">Malaysia doesn\u2019t offer free healthcare (yet) but the government heavily subsidizes the cost of healthcare at public facilities. Take a look at the below initiatives by the government to extend help to Malaysians in need.&nbsp;<\/span><\/div>\n<\/div>\n<\/figure>\n<h3 id=\"block-19e76456-5538-46fb-9017-3d2bc67b2d2a\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"19e76456-5538-46fb-9017-3d2bc67b2d2a\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>mySalam National Health Protection Scheme<\/strong><\/h3>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-c8e402d8-fa41-4c92-9d84-e827a3474af1\" data-block=\"c8e402d8-fa41-4c92-9d84-e827a3474af1\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">mySalam is a government initiative to provide eligible Malaysians with free takaful protection. Recipients of mySalam are entitled to a one-time RM8,000 cash payout upon diagnosis of one of the 45 Critical Illnesses and RM50 daily hospitalization income replacement up to RM700 per annum at any government, military, or university hospital.&nbsp;<\/p>\n<h3 id=\"block-cbd4135f-9d6c-4569-82ef-9d42f3429afd\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"cbd4135f-9d6c-4569-82ef-9d42f3429afd\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>Peka B40<\/strong><\/h3>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-5d490a52-1660-467a-97d5-f7832d9dc2ac\" data-block=\"5d490a52-1660-467a-97d5-f7832d9dc2ac\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Peka B40 or Skim Peduli Kesihatan for the B40 income group aims to provide healthcare needs by focusing on non-communicable diseases (NCDs). This scheme is eligible for those aged 40 and above and recipients of Bantuan Prihatin Rakyat and their registered spouses. Among the benefits you get to enjoy with this scheme are:<\/p>\n<ul id=\"block-ac33467c-b0f0-4b3b-9e60-df0dadd45b68\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write list\u2026\" aria-multiline=\"true\" data-block=\"ac33467c-b0f0-4b3b-9e60-df0dadd45b68\" data-type=\"core\/list\" data-title=\"List\">\n<li>Health screening at MOH or private clinics<\/li>\n<li>Up to RM20,000 of the health item value<\/li>\n<li>Completing cancer treatment incentive up to RM1,000<\/li>\n<li>Transport incentive up to RM1,000<\/li>\n<\/ul>\n<h2 style=\"font-size: 24px;\"><strong><span style=\"color: #000000;\">EDUCATION<\/span><\/strong><\/h2>\n<h3 style=\"font-size: 20px;\"><strong><span style=\"color: #434343;\">Free and compulsory primary education<\/span><\/strong><\/h3>\n<p>All Malaysian children are entitled to free and compulsory primary education. This means that they can attend government primary schools without having to pay any tuition fees.<\/p>\n<h3 style=\"font-size: 20px;\"><strong><span style=\"color: #434343;\">National Higher Education Fund (PTPTN)<\/span><\/strong><\/h3>\n<p>The PTPTN is a government-backed loan scheme that provides loans to Malaysian students to finance their higher education. The PTPTN loan has a low-interest rate of 1% per annum and can be repaid over a period of up to 30 years.&nbsp;<\/p>\n<h2 id=\"block-1752d175-9d2f-44eb-9e3e-7326b2abf4b9\" style=\"font-size: 24px; font-weight: bold;\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"1752d175-9d2f-44eb-9e3e-7326b2abf4b9\" data-type=\"core\/heading\" data-title=\"Heading\"><br>Insurance<\/h2>\n<h3 style=\"font-weight: bold;\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"1752d175-9d2f-44eb-9e3e-7326b2abf4b9\" data-type=\"core\/heading\" data-title=\"Heading\">i-Lindung<\/h3>\n<p aria-label=\"Paragraph block\" role=\"textbox\" aria-multiline=\"true\" id=\"block-db4bedd4-03c8-45b3-97d9-0a2300f8592c\" data-block=\"db4bedd4-03c8-45b3-97d9-0a2300f8592c\" data-type=\"core\/paragraph\" data-title=\"Paragraph\" tabindex=\"0\">Launched by Employees Provident Fund (EPF), members can purchase protection products such as insurance\/takaful products from Insurance &amp; Takaful Operators (ITOs) via i-Lindung. Currently, FWD, eTiQa, and Prudential offer 10 different insurance products through this initiative. Of these 10 products, some offer protection benefits for death, total permanent disability (TPD), and critical-illness policies.&nbsp;<\/p>\n<h2 style=\"font-size: 24px;\"><strong><span style=\"color: #000000;\"><br>TRAVEL<\/span><\/strong><\/h2>\n<h2 id=\"block-91250313-7c67-4d27-b735-f937bdd3a5e2\" style=\"font-size: 20px;\" tabindex=\"0\" role=\"textbox\" aria-label=\"Write heading\u2026\" aria-multiline=\"true\" data-block=\"91250313-7c67-4d27-b735-f937bdd3a5e2\" data-type=\"core\/heading\" data-title=\"Heading\"><strong>Our powerful passport!<\/strong><\/h2>\n<figure id=\"block-f3dabb55-5e89-4d35-bc2d-2852c432c2a6\" tabindex=\"0\" role=\"group\" aria-label=\"Block: Image\" data-block=\"f3dabb55-5e89-4d35-bc2d-2852c432c2a6\" data-type=\"core\/image\" data-title=\"Image\">\n<div><img data-recalc-dims=\"1\" height=\"336\" width=\"640\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/FI_financialpriviledge-03-1024x537.png?resize=640%2C336&#038;ssl=1\" alt=\"This image has an empty alt attribute; its file name is FI_financialpriviledge-03-1024x537.png\" loading=\"lazy\">\n<div>&nbsp;\n<p>Do you know that the Malaysian passport is ranked the <span style=\"background-color: #ffffff;\">11th <\/span>most powerful passport in the world according to the <span>Passport Index<\/span>?<\/p>\n<p>Yes! We are free to travel to<span style=\"background-color: #ffffff;\"> 181 c<\/span>ountries without a visa! Tourist visa requirements can be expensive and complicated. Let us look at an example: If you&#8217;re planning to travel to Italy, you are required to pay around RM428.00 (USD96) for a tourist visa however, if you hold a Malaysian passport, you get to enter the land of pasta, pizza, and gelato for FREE!<\/p>\n<p>Traveling soon? Get Allianz Travel Care insurance to protect you and your loved ones! Claim a 20% discount when you apply via CompareHero from NOW until 15 September 2023. HURRY.&nbsp;<\/p>\n<p><span><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/V-ZoipskBXWxVdWraktjArrQ-FI2yBJLUPFf5Fx1OIbK5BQTpr6jMSK6pkWb8fjdBsxkO_FSOpQfKentWGcbLXMKcLGBUpkaNNAISWW194MXqwZqearK6WgdtEXytSyuc0VGlqDE9xZfvOZeP-EDt3w\" width=\"624\" height=\"183\" loading=\"lazy\"><\/span><\/p>\n<h2 style=\"font-size: 24px;\"><strong><span style=\"color: #212529;\"><br>S<\/span><\/strong><strong><span style=\"color: #212529;\">UBSIDIES<\/span><\/strong><\/h2>\n<\/div>\n<\/div>\n<\/figure>\n<figure id=\"block-af405b3a-3878-49e5-9031-4096affed4cd\" tabindex=\"0\" role=\"group\" aria-label=\"Block: Image\" data-block=\"af405b3a-3878-49e5-9031-4096affed4cd\" data-type=\"core\/image\" data-title=\"Image\">\n<div><img data-recalc-dims=\"1\" height=\"336\" width=\"640\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/FI_financialpriviledge-04-1024x537.png?resize=640%2C336&#038;ssl=1\" alt=\"This image has an empty alt attribute; its file name is FI_financialpriviledge-04-1024x537.png\" loading=\"lazy\">\n<div><span style=\"background-color: transparent; color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);\">Malaysia\u2019s subsidies have been such a hot topic in recent years. This year alone, the total amount of subsidies is expected to reach RM80 billion! But do you know what\u2019s been subsidized?&nbsp;<\/span><\/div>\n<\/div>\n<\/figure>\n<p>To help fellow Malaysians with rising living costs, the government has provided various consumption subsidies including:<\/p>\n<ul>\n<li aria-level=\"1\">Petrol<\/li>\n<li aria-level=\"1\">Cooking oil<\/li>\n<li aria-level=\"1\">Diesel<\/li>\n<li aria-level=\"1\">Flour&nbsp;<\/li>\n<li aria-level=\"1\">Electricity<\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/www.comparehero.my\/budgets-tax\/articles\/government-aids-didnt-know\" style=\"color: #00aafb;\"><span>6 other government aids and subsidies<\/span><\/a><\/li>\n<\/ul>\n<p>Finally, we must know what privileges we are entitled to as Malaysians. You may not need it but would be helpful to pass the information to those in need. If you\u2019re eligible for any of the listed schemes and privileges, make sure to utilize them.<\/p>\n<br>\n<div tabindex=\"0\">&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia is going to celebrate its 66th anniversary of independence this year! To help you get in the patriotic mode, we have listed a few financial privileges only Malaysians get to enjoy in this article.&nbsp; Housing schemes for all income groups in Malaysia &nbsp;<\/p>\n","protected":false},"author":268230141,"featured_media":1048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[425],"tags":[],"class_list":["post-18097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Privileges Malaysians Get To Enjoy! 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Marking FWD Group\u2019s (\u201cFWD\u201d) ninth market in just five years, the brand will leverage FWD\u2019s strength and expertise in the insurance and protection business to cement its position\u2026","rel":"","context":"In &quot;Insurance&quot;","block_context":{"text":"Insurance","link":"https:\/\/www.comparehero.my\/blog\/insurance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/fwd-takaful.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/fwd-takaful.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/fwd-takaful.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/fwd-takaful.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/fwd-takaful.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18009,"url":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance\/comparehero-my-launches-new-vertical-serving-malaysians-the-hero-they-need.html","url_meta":{"origin":18097,"position":3},"title":"CompareHero.my Launches New Vertical \u2013 Serving Malaysians the Hero They Need","author":"CompareHero","date":"1 April 2019","format":false,"excerpt":"FOR IMMEDIATE RELEASE CompareHero.my Launches New Vertical \u2013 Serving Malaysians the Hero They Need \"MamakHero\" prototype homepage design KUALA LUMPUR, APRIL 1, 2019 \u2013 CompareHero.my, Malaysia\u2019s go-to website for finding, comparing, and applying financial products, has been seeing tremendous growth in the last quarter. 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