Positive response to SPEF

Mutalib: ‘With the availability of SPEF, which provides buyers with better access to a higher loan amount, we are optimistic of being able to reduce the dropout rate to around 20 or even less.’ — Bernama

Perbadanan PR1MA Malaysia’s newly launched Special PR1MA End Financing (SPEF) scheme has been positively received by many people although there are pockets of reservation.

The scheme seeks to increase home ownership among the bottom 40% and middle 40% Malaysian households. While owning a home has been the dream of many, purchasing a residential unit is easier said than done.