Solution for property developers?


Noble idea: Labourers work at a construction site in Kuala Lumpur. Rehda president Datuk Seri Fateh Iskandar Mohamed Mansor says the governments plan to issue money-lending licences to developers is “a noble idea” and shows that the housing ministry is listening to both developers and house buyers. — AFP

Mixed views on proposal for them to be given money-lending licences

THIS is indeed the sign of the times. Challenging though the property sector may be, with sales having dried up since 2014, the Urban Wellbeing, Housing and Local Government Ministry is offering a solution.

The Star Festive Promo: Get 35% OFF Digital Access

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 , property

Next In Business News

The festive cash tsunami
Building adaptation –the way forward
Youths say no to home buying
Creador Foundation, Censuria make strategic investments in local cafe chain Hock Kee Kopitiam
Inflation forecasts see-saw
Investors chase broadening markets
A question of adequate coverage
Painful trade-offs
US policy boosts Singapore banks
Swatch turns Monet into wearable art

Others Also Read