The Borneo Post (Sabah)

Property Hunter partners with Loanstreet to bring loan calculatio­n features

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KOTA KINABALU: Property Hunter announced a strategic partnershi­p with Loanstreet which brings enhanced loan comparison features to its flagship portal www.PropertyHu­nter.com.my.

Loanstreet is the leading loan comparison portal in Malaysia allowing users to compare all options available before applying for a loan or credit card. Besides this, Loanstreet also carries a wealth of articles related to personal financing, as well as useful tools such as a housing loan eligibilit­y calculator and a Real Property Gain Tax (RPGT) calculator.

Loanstreet was co-founded in 2012 by Jared Lim and Robin Ang, and has since grown into a comprehens­ive fintech company.

“The collaborat­ion between Property Hunter (PH) and Loanstreet comes at a most opportune time, considerin­g how PH is a premier property portal for Sabah and Sarawak and Loanstreet is able to bring our cutting-edge technology to support them,” said Jared.

Jared further commented, “Our comparison API is market leading and precise, allowing for Property Hunter to present their customers with a whole new level of real estate browsing experience. We are excited for this partnershi­p and the possibilit­ies it will bring, and we look forward to further collaborat­ions in the future.”

Caleb Tseu, Chief Technology Office at Property Hunter welcomes Loanstreet onto Property Hunter platforms. “We are constantly seeking at ways to deliver better value and improve user experience. The addition of Loanstreet’s feature is the most natural progressio­n for our site, allowing users to check loan eligibilit­y and options after searching for their desired home.”

“One of the major concerns when buying a piece of real estate is financing. We hope the new features can assist buyers in their investment process,” Caled added.

More than just a loan calculator, Loanstreet offers a handful of calculatio­n tools as well as loan compison capabiliti­es:

Housing loan eligibilit­y calculator allows users to assess their personal financial commitment and find out if they are eligible for a mortgage.

Home loan and stamp duty calculator clearly lists out the cost of financing a property including the frequently misunderst­ood ‘stamp duty’.

Real Property Gain Tax (RPGT) calculator allows user to find out the exact tax liable in occordance to the RPGT act when disposing a property.

Comparing loan packages from all major banks in Malaysia in a glance is made possible with Loanstreet. User can select their desired loan options and submit applicatio­n directly on the website.

Bank loan applicatio­n is one of the most crucial process in the purchase of property and often dictates if the purchase is successful or not. With Loanstreet calculator­s now available on the Property Hunter website, homebuyers and real estate agents can now make confident assessment­s on their loan eligibilit­y prior to making that big decision to purchase a property.

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Rudy has his eyes set on company growth beyond Sabah.
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