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  Bank Negara Malaysia (BNM) has  announced an automatic six-month moratorium on all bank loans starting from July 7 2021, to assist borrowers who are facing temporary financial difficulties due to the COVID-19 high surge cases . Many loan borrowers are still thinking whether to Opt In or Opt Out for this time . Any comments / suggestions are welcome ...

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Hi @jenniferng,

I was told that this Annie is a great source of info in this moratorium.
You may want to connect with her via this Facebook link: https://web.facebook.com/Annieway96Consultancy/videos/1075860546485194/

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personally i will apply for moratorium on mortgage because i want to hold more cash on hands for other expenses although there is loan interest incurred, and i also do not plan to buy additional property in coming 6 months.

For individual who plan to buy property very soon, you are not encourage to apply moratorium because it will have impact on your mortgage application coz your repayment capability will be question by bank since you are under moratorium now. 

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The moratorium makes good sense if the interest is waived.
It will be great that  home owners somehow influence the authorities to waive the interest.