Crowdfunding ‘not home-buying scheme’

By THEAN LEE CHENG

Cagamas Bhd president and CEO Datuk Chung Chee Leong said:

PETALING JAYA: Crowdfunding schemes that are an alternative to bank loans in funding a house purchase are investments and not home-ownership schemes.

Cagamas Bhd president and CEO Datuk Chung Chee Leong said: “I am not against crowdfunding. It can benefit some people and there is space for this form of funding.

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crowdfunding , house , property , Rehda Institute , Cagamas

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