Tackling housing, overhang problems


Fund launched: (from left) Deputy Finance Minister Datuk Amiruddin Hamzah, Housing and Local Government Minister Zuraida Kamaruddin, Finance Minister Lim Guan Eng, Nor Shamsiah and AKPK chairman Anuar Mohd Hassan at the launch of Bank Negara’s fund for Affordable Homes and Rumahku portal in Kuala Lumpur.

KUALA LUMPUR: The escalating home ownership and overhang conundrum in the country has become a top agenda for the government to resolve, with various housing policies and measures being implemented to spur buying and boost the current property market.

Following the launch of the National Housing Policy 2.0 on Monday, Bank Negara launched its Affordable Homes and Rumahku portal fund yesterday to kickstart home-ownership in Malaysia, ahead of the National Home Ownership Campaign in March.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bank Negara , Fund , LGE , home , property , Rumahku , affordable , Soam , Shamsiah ,

Next In Business News

SC Estate Builder to acquire 25% stake in non-operational hotel for RM18.79mil
FBM KLCI on a roll, notches fifth straight gain
China central bank to cut some sector-specific rates to boost economy
Ericsson plans to shed 1,600 jobs in Sweden
South Korea to keep monitoring US chip tariffs to minimise impact, industry minister says
Oil slides over 3% after Trump comments ease Iran fears
Amir Hamzah: 2026 marks implementation of govt reforms, development agenda
1 Doc International eyes Main Market listing
JTI Malaysia names Didier Ellena managing director
Malaysia lowers February crude palm oil reference price

Others Also Read