Rehda: Loans Should Be For Below RM500,000Homes

PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) wants the proposed “moneylender licences” for eligible housing developers be capped at properties below RM500,000 to assist first-time homebuyers and genuine upgraders to afford homes. Rehda president Datuk Seri FD Iskandar said many genuine housebuyers had problems coming up with their downpayment when financial … Read more

Dilemma For Housebuyers

KOTA KINABALU: The State Local Government and Housing Minister will hold discussions with Bank Negara on the high rejection rate of loan applicants including those seeking to buy properties under the affordable housing scheme. Datuk Seri Hajiji Noor said he believed with the cooperation and support of all parties including financial institutions, an amicable solution … Read more