Weekly Industry News

More Malaysians can own homes

Weekly Industry News

Malaysian households earning less than RM4,360 monthly can soon have access to Bank Negara Malaysia’s RM1 billion fund for affordable homes to finance their first home that costs less than RM300,000.

Bank Negara has expanded the fund’s eligibility criteria in which maximum monthly household income will be increased to RM4,360 from RM2,300 previously and maximum property price to RM300,000 from RM150,000.

Media Title:  New Straits Times

Date: 22 Aug, 2019

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