Citibank Bhd has launched a one-stop property portal for home buyers this week. The company believes the country’s housing sector has further potential for growth and with that sentiment, aims to achieve a 10 to 12% market share of new home loan approvals by years-end.

In view of the competitive market, head of the bank’s mortgage business Adrian Soon said Citibank is projecting a slight higher growth than the previous year.

He also added that demand for residential properties is expected to stay buoyant, especially with sales at prime locations remaining strong with support from local and foreign buyers.

The bank has designed the Citibank Property Portal for added convenience and efficiency for prospective buyers to own a home.

"It presents a first point of reference for property buyers, due to its speed and convenience," he said.

Prospective buyers can log on to www.citibank.com.my/propertyportal and have access to a comprehensive property search, buying guides, property market research and latest home loan promotions, as well as conditional home loan approvals.

The list of properties available for sale range from recent launches and completed properties to auctioned properties.

The portals' buying guide includes useful information on Employees Provident Fund guidelines for home purchases, second home purchases, foreign investment committee guidelines and cost of legal fees for sales and purchase agreement.