JOHOR BARU: Banks are becoming overly cautious in disbursing housing loans to buyers, even first timers who meet the more stringent requirements set by Bank Negara.
State Secretary Datuk Ismail Karim said loan approvals should be looked at on a case-by-case basis instead of a blanket approval system. He said state authorities have received complaints from rejected first-time buyers who were qualified financially to buy affordable houses in Johor.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
