Noh Omar: Developers can now offer home loans

By SIRA HABIBU

KUALA LUMPUR: Eligible developers can now apply for moneylenders licences to provide loan facilities of up to 100% to property buyers.

The licence would be issued by the Urban Well-being, Housing and Local Government Ministry under the Moneylenders Act 1951 (Amendment) 2011.

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Monthly Plan

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RM 12.33/month

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Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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housing loan , property developers , money-lending licences , Tan Sri Noh Omar , Urban Well-being , Housing and Local Government Ministry

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