THE Real Estate and Housing Developers’ Association Malaysia (Rehda) supports the government’s recent proposal to reduce the housing loan interest rate.

President Datuk Seri Fateh Iskandar Mohamed Mansor (picture) said the proposal speaks volume of the government’s commitment to fulfil the national housing agenda.

“This will allow Malaysians to own the home of their dreams and at the same time increase their purchasing power, should it come into fruition,” he said in a statement last Friday.

“Given that properties are assets that increase in value, it may translate into an improved economic status for the people, as well as the industry,” he said.

 

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MediaTitle - The Malaysian Reserve
Date - 29 Jan 2018

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