EPF to channel RM1.5bil to fund FT special housing scheme


KUALA LUMPUR: The Employees Provident Fund (EPF) will channel RM1.5bil to the Federal Territories Foundation as part of a special funding scheme to help eligible buyers purchase public housing units in the city.

Federal Territories and Urban Well-being Minister Datuk Raja Nong Chik Raja Zainal Abidin said the loan would be guaranteed against the housing unit itself.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

KKB polls: Perikatan to determine if they have grounds for election petition
KKB polls: Pakatan win epitomises spirit of unity government, says Umno president
KKB Polls: Perikatan not ruling out filing election petition against Pakatan
KKB polls: EC declares win for Pakatan's Pang Sock Tao
Go on the offensive to remain relevant, Zahid tells Umno members
KKB polls: Anwar congratulates Pakatan's candidate on victory
Triple happiness at PKR's 25th anniversary celebration
Missing climber: Efforts to locate Hawari continue with US$5,000 reward
KKB polls: Muted atmosphere at Perikatan's operations room
Pilgrims stranded in Makkah: Tabung Haji to conduct investigation, says Mohd Na'im

Others Also Read