KUALA LUMPUR: The Real Estate and Housing developers’ Association (Rehda) is optimistic that the newly launched Affordable Homes and Rumahku Portal fund by Bank Negara (BNM) will help boost home ownership within the country.
REHDA president Datuk Soam Heng Choon said the fund had a low interest rate and would be especially beneficial for low-income individuals.
“There are affordable properties within the country but the issue is that many don’t qualify for financing,” he told reporters on the sidelines after the launch of the fund today.
Finance Minister Lim Guan Eng, who officiated the launch, said there were already 16 applications for the fund.
REHDA president Datuk Soam Heng Choon said the fund had a low interest rate and would be especially beneficial for low-income individuals.
“There are affordable properties within the country but the issue is that many don’t qualify for financing,” he told reporters on the sidelines after the launch of the fund today.
Finance Minister Lim Guan Eng, who officiated the launch, said there were already 16 applications for the fund.
BNM’s Fund for Affordable Homes and Rumahku portal is an
online financial education module provided by Agensi Kaunseling dan Pengurusan
Kredit (AKPK).
The fund has an allocation of RM1bil and is aimed at helping
home buyers from the lower income group nationwide to finance the purchase of
their first homes.
The fund is eligible to Malaysian citizens with a maximum
monthly household income of RM2,300 and do not have any record of impaired
financing within the past 12 months.
The maximum financing rate is 3.5% per annum, with a maximum
tenure of up to 40 years or up to 70 years of the applicants’ age, whichever is
shorter.
The fund is applicable for properties below RM150,000.
Housing and Local Government Minister Zuraida Kamaruddin
said many of these houses were “outside of the main towns.”
“Among the locations include Alor Setar, Kedah and Seberang
Prai in Penang,” she said.
The participating financial institutions for the fund are
AmBank, BSN, CIMB, Maybank and RHB Bank.
AKPK’s RumahKu portal will assist potential borrowers to
assess their ability to meet the financial commitments associated with owning a
home and their capacity in purchasing and financing their home.
Johan - 0193286803
www.wasap.my/60193286803
Visit myhartamas.com for more info.
view here : www.edgeprop.my/agent/77056
view here : johanhartanah.agentweb.my/agent-listings
view here : www.mudah.my/johan-miftahuddin-kaizen-realty
view here : miftahuddin.iagent.my/
view here : www.propsocial.my/agent/Johan0193286803
TAGS / KEYWORDS:
Property , Affordable Homes , Rumahku , AKPK
Ulasan
Catat Ulasan