Weekly Industry News

Loans still hard to get despite government stimulus packages

Weekly Industry News

BANKS have tightened lending, dashing the hopes of many looking to take advantage of the latest government incentives to stimulate the housing and automobile industries.

Malaysian Institute of Estate Agents president Lim Boon Ping pointed out that the government has recently taken a number of measures to stimulate the real estate industry, including the reintroduction of the home ownership campaign, and exemption of stamp duty and real property gain tax.

Media Title: The Sun

Date: 24 Jun 2020

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