Investment Opportunity in Amanah Hartanah Bumiputera (AHB)



As highlighted during 2011 Budget, Prime Minister of Malaysia recently launched Amanah Hartanah Bumiputera (AHB) investment fund. AHB is managed by Pelaburan Hartanah Bhd (PHB) and has the fund size of 1 billion units. The fund size will be increased by another 500 million units next year.

AHB is a syariah compliant unit trust scheme and it would enable Bumiputera investors to own real estate assets with a minimum investment of RM500 and maximum of RM200,000.

Subsequently, additional investment can be done in multiple of RM100. For withdrawal, investors are allowed to do it once a month with minimum amount of RM500. Minimum account balance is RM500.

It is open to Bumiputera above three months of age, with investors below the age of 18 requiring a Malaysian legal guardian signatory.

The unit trust is a fixed price fund and will be sold at RM1 a unit. Bumiputera who are interested to participate in the scheme can go to Maybank branches nationwide to buy the AHB units.

The fund’s returns should be similar to that of Grade A buildings in the Golden Triangle, which would be not less than 6%. The company’s financial year ends on Sept 30, 2011, and the income distribution will be done twice a year.

The fund’s underlying assets are CP Tower in Petaling Jaya, 26 Boulevard in Putrajaya, Wisma Consplant in Subang Jaya, Tesco Setia Alam and Industrial Complex in Shah Alam.

PHB has seven completed assets in its portfolio. The two buildings not injected into the fund are Menara Bumiputra Commerce in Jalan Raja Laut, Kuala Lumpur and PHB’s head office, Peremba Square, in Saujana Resort.

AHB would focus on investments in beneficial ownership of real estate which provide stable income and yield-accretive real estate.

More details on AHB are available in Maybank website.

Read FAQ by PHB


Leave a Comment

  • sharinginfoz 30th November, 2010, 3:31 pm

    for the low risk type of investor and need regular income, it is a good instrument in my view

    Reply
  • blogger 1st December, 2010, 4:48 pm

    Already invest this morning

    Reply
  • Syamri 2nd December, 2010, 8:33 am

    invested, they give me an account no. only… there is no certificate, account book nor an account card… weird though…

    Reply
    • blogger 15th December, 2010, 6:59 pm

      but it will give statement semi-annual

      Reply
  • Fazlin has 10th December, 2010, 2:22 pm

    invested already. long term investment,property worth based, preserved capital shud there’s anything.. what’s there to lose? Do not judge the initial dividend interest, there’s a chance for it to reach sky limit.. will promo to friends n family..good opportunity besides ASB..

    Reply
  • naufal 6th January, 2011, 9:21 am

    yup … I agreed. I also interested to invest in this kind of investment …. I think I can diversify my portfolio management …. alhamdulillah ….

    Reply
  • Doclet 16th January, 2011, 12:15 am

    Dia bg statement 2 Kali stahun ek? Aku da invest and staff MBB kata AHB Akan bg but xtau biler…confuse n feel insecure…

    Reply
  • 1-million-dollar-blog 16th January, 2011, 12:53 am

    Doclet,

    Don’t worry. you will get the statement 2 times a year. Keep you deposit slip as a prove in case anything happen.

    Reply
  • Gaman 20th January, 2011, 3:05 pm

    Do you need to have a saving account with Maybank before investing in AHB?

    Reply
  • 1-million-dollar-blog 20th January, 2011, 3:11 pm

    Gaman,

    Saving account is not a requirement to open AHB account.

    Reply
    • janggut666 24th January, 2011, 7:48 pm

      saving account is required..because the dividend will be credited thru’ it..

      Reply
  • nyeut ak napi 24th January, 2011, 2:06 pm

    apply

    Reply
  • 1-million-dollar-blog 25th January, 2011, 12:24 am

    Yes dividend will be pay to bank account but I think the account not necessary to be from Maybank.

    Reply
    • asm 28th February, 2011, 3:47 pm

      True, Not necessarily MBB a/c, other bank a/c will do

      Reply
  • addict 4th January, 2012, 4:11 pm

    Anyone know the exact date that when the fund size will be increased by another 500 million units?

    Reply
    • 1-million-dollar-blog 4th January, 2012, 6:14 pm

      Previously, planned for 2011 but still not done yet.

      Reply