PETALING JAYA: Government-owned credit guarantee agency Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be providing housing loan guarantees worth RM200mil annually for houses built by Syarikat Perumahan Negara Bhd (SPNB), in a move to make home financing more accessible to low income earners.
Affordable housing developer SPNB, also government-owned, said the housing loan guarantee by SJKP will be available to prospective buyers with a minimum net disposable income of RM1,000.
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