‘Untested risk’


PETALING JAYA: Plans to resolve affordability issues among first-time house buyers using a crowdfunding platform as an alternative source of financing has been greeted with curiosity and doubts.

The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) said the idea is innovative – a blend of new technology and financing. But some initial and pertinent questions have popped up.

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