Johor asks Bank Negara to study housing needs


A file picture shows a housing project in Nusajaya, Iskandar. Abdul Latif hopes Bank Negara will remove restrictions on lending to the people.

JOHOR BARU: The Johor state government has requested Bank Negara to review housing loan policies to enable buyers own homes worth more than RM140,000 in Iskandar Malaysia.

State housing and local government executive committee chairman, Datuk Abdul Latif Bandi, said such move was needed to help developers overcome the difficulty in selling their housing projects and excess houses.

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!
Business , johor state government

Next In Business News

Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery
Indonesia treads with care

Others Also Read