Owning a home is one of life’s biggest milestones, but turning that house into a comfortable, stylish and functional living space often comes with another significant investment. Renovation costs, interior upgrades, new fittings and furnishing expenses can quickly add up, leaving many homeowners delaying the improvements they have always wanted.
Thankfully, AFFIN has teamed up with IKEA Malaysia to make that journey a lot easier. Their latest collaboration is designed to help Malaysians renovate, furnish and personalise their homes with greater financial flexibility. Instead of worrying about paying large renovation bills upfront, eligible customers can enjoy financing options that spread the costs over manageable repayments while creating the home they have always imagined.
Starting from 3 July 2026 onwards, this ongoing promotion offers an attractive opportunity for homeowners, new property buyers and existing AFFIN customers who are planning home improvements. Whether someone has just collected the keys to a new property or is looking to refresh an existing family home, this collaboration provides practical financial solutions that work alongside modern lifestyles.
Design the Life They Imagine
Everyone dreams of living in a home that reflects their personality and lifestyle. From cosy living rooms and beautiful kitchens to modern bathrooms and functional workspaces, renovation projects help transform ordinary spaces into places families genuinely enjoy spending time in.
However, renovation costs are rarely inexpensive. Flooring, plumbing, electrical wiring, roofing and tiling can quickly stretch a renovation budget well beyond initial expectations.
Through the AFFIN Home Reno/-i financing solution, customers can receive financial support that helps cover many of these essential renovation works without placing unnecessary strain on their savings.
Rather than postponing renovations for years, homeowners can begin improving their homes sooner while enjoying structured repayment plans.
Renovation Financing That Covers Essential Home Improvements
One of the biggest advantages of the AFFIN Home Reno/-i package is the comprehensive range of renovation works it covers.
Eligible customers can finance various interior and exterior renovation expenses including:
- Floor tiling
- Roofing works
- Plumbing installation and repairs
- Electrical wiring
- Interior renovations
- Exterior improvements
These are often some of the most expensive aspects of renovating a property, making this financing especially valuable for homeowners planning extensive upgrades.
It is worth noting that removable items such as furniture and electrical appliances are excluded under the renovation financing itself, allowing the financing to focus on permanent structural improvements.
Suitable for Many Malaysian Homeowners
The financing programme is available for residential properties valued at RM150,000 and above.
This makes the package suitable for a wide range of homeowners, whether they have purchased apartments, condominiums, terrace houses or landed properties that meet the eligibility requirements.
Instead of limiting support to only premium homes, the programme opens opportunities for many Malaysians to improve their living environments.
Financing Up to 120%
Perhaps one of the most attractive features of this campaign is the generous financing margin.
Qualified applicants may enjoy financing of up to 120%, allowing both home financing and renovation costs to be combined under one convenient financing arrangement.
For homeowners, this reduces the pressure of finding additional cash reserves to begin renovation works immediately after purchasing a property.
Moving into a new house often comes with numerous unexpected expenses. Having additional financing available can help ease that financial burden considerably.
Flexible Financing Tenure
Every family’s financial situation is different.
Some homeowners prefer shorter repayment periods while others appreciate lower monthly commitments.
AFFIN provides repayment flexibility with financing tenures of up to 35 years or until the applicant reaches 70 years old, whichever comes first.
This flexibility allows customers to select repayment schedules that better suit their long-term financial planning.
Instead of rushing through repayments, customers can balance renovation ambitions with responsible budgeting.
Extra Benefits for AFFIN Cardmembers
Beyond renovation financing, AFFIN Cardmembers can also enjoy additional payment flexibility when shopping at IKEA Malaysia.
For many homeowners, furnishing a renovated home is just as important as completing the renovation itself.
New wardrobes, storage systems, dining tables, sofas, beds and home accessories all contribute to creating a comfortable living environment.
This partnership helps make furnishing purchases much easier to manage.
0% Easy Payment Plan (EPP)
AFFIN Cardmembers can enjoy 0% Easy Payment Plans (EPP) on eligible IKEA purchases made through IKEA payment terminals.
This allows customers to spread the cost of qualifying purchases without paying additional interest under the promotional terms.
It is an excellent option for shoppers planning larger purchases after completing their renovations.
Flexible Payment Plans Starting from RM500
Customers looking for even greater flexibility can also take advantage of the Flexi Payment Plan.
Purchases from as little as RM500 may qualify for financing, with repayment tenures available over:
- 6 months
- 12 months
- 24 months
This makes budgeting much easier for households that wish to upgrade gradually instead of paying everything at once.
Whether purchasing bedroom furniture, office furniture, storage solutions or kitchen accessories, customers have more freedom to manage their spending responsibly.
Why This Collaboration Makes Sense
Buying a property is only the beginning of the homeownership journey.
After receiving the keys, homeowners often face another long list of expenses including renovations, painting, lighting, storage, furnishings and home décor.
This collaboration between AFFIN and IKEA Malaysia creates a practical lifestyle ecosystem by combining financing with one of Malaysia’s favourite home furnishing retailers.
Instead of arranging separate loans, credit facilities and payment methods, customers can explore financing and furnishing solutions under one partnership.
It is designed to simplify the process while helping homeowners build spaces that truly feel like home.
Why People Should Take Advantage of This Promotion
If someone has been delaying renovations because of cost concerns, this campaign may provide the opportunity they have been waiting for.
There are several reasons why this promotion is worth considering:
Firstly, renovation costs continue to increase over time. Beginning planned renovations sooner may help homeowners avoid higher future construction expenses.
Secondly, financing of up to 120% offers greater financial flexibility than many standard renovation options.
Thirdly, IKEA Malaysia remains one of the country’s most popular destinations for affordable furniture, storage solutions and stylish home accessories. Combining renovation financing with flexible furnishing payment plans creates a convenient one-stop solution.
Lastly, the campaign runs all year round, meaning customers have ample time to evaluate their renovation plans, compare quotations and prepare the necessary documentation before applying.
Whether renovating an ageing family home, preparing a newly purchased property or upgrading living spaces for growing families, this collaboration provides practical financial support that can make those plans much more achievable.
Instead of allowing renovation ideas to remain on paper, homeowners now have greater flexibility to start turning those ideas into reality while managing their finances carefully.
For more information about AFFIN Home Reno/-i and the available financing options, customers can visit AFFIN’s official channels or enquire at participating AFFIN branches.
Promotional/Event Details:
- Date: 3 July 2026 Onwards (All Year Round)
- Time: During AFFIN and IKEA Malaysia operating hours
- Venue: AFFIN branches nationwide and participating IKEA Malaysia stores
- Promotion:
- AFFIN Home Reno/-i financing for eligible renovation works
- Financing up to 120% covering home financing and renovation costs
- Property eligibility from RM150,000 and above
- Financing tenure up to 35 years or age 70 (whichever comes first)
- 0% Easy Payment Plan (EPP) for eligible IKEA purchases via IKEA payment terminals
- Flexi Payment Plan for purchases from RM500 with repayment options of 6, 12 or 24 months
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