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Nation

New rules for property buyers

By DANIEL KHOO and NICHOLAS CHENG

PETALING JAYA: Property buyers will no longer have the option to take loans for longer than 35 years. Anyone taking a personal loan can now only do so for a period of up to 10 years.

These are new rules set by Bank Negara with the aim of helping to reduce household debt in the country.

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Business , BAnk negara malaysia

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