Bank Negara urged to ease conditions for first-time house buyers

(from left) Jagdeep Singh, Zairil and Cheah painting the wall of Block C of the Rifle Range flats to start off repainting work.

A STATE exco member has urged Bank Negara Malaysia to consider giving flexibility to first-time home buyers in repaying bank loan.

State Housing Committee chairman Jagdeep Singh Deo said banks should lower the amount of monthly instalment for themduring the first few years.