Mah Sing urges easier bank loans for house buyers


With the upcoming Budget 2017, Mah Sing in reiterating its wish list said that it hoped banks would consider relaxing loan approvals and offer the flexibility of 95% financing for first home buyers, 90% for second homes followed by 70% for those buying their third property.

PETALING JAYA: Property developer Mah Sing Group has applauded the Government’s initiatives to encourage home ownership, especially among first time home buyers.

It said while the property sector seemed to have a larger multiplier effects compared to other industries, stimulating the sector should therefore have a huge impact on the wider economy.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sunview's indirect subsidiary inks 21-year PPA with TNB
Perdana Petroleum unit secures two contracts for provision of vessels
Protasco unit inks interim agreement for maintenance of Federal roads
MyNews' new store openings bolster 4Q profit
Malakoff subsidiary inks 21-year PPA with TNB
DPS Resources unit partners VCI Energy on solar PV project in Melaka
OCK inks MOA for development of Cyberjaya optical fibre infrastructure
Wawasan Dengkil gets shareholders' approval for LSS joint venture in Kedah
TNB: Stronger, smarter grid driving Malaysia's clean energy transition
Malaysia defies global trade tensions with solid growth - IMF

Others Also Read