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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

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!
Bank Negara , Fund , LGE , home , property , Rumahku , affordable , Soam , Shamsiah ,

Next In Business News

China's steady foreign trade growth expected to anchor global stability
Seven states see trade growth in November as exports climb 7%
Malaysia's economy remains resilient in 2025 amid tariff wars, geopolitical turbulence
NationGate unit to acquire Valeo Malaysia for RM60.89mil cash
TRC Synergy secures RM550.8mil Penang LRT project
FBM KLCI sinks further at midday on thin Boxing Day trade
Malaysia’s export values dip in November, imports mixed
Core inflation in Japan's capital slows in December but no bar for further BOJ hikes
Asia stocks rise to six-week high; precious metals on a tear
Ringgit rises to 4.04 as investor confidence strengthens; economist foresees return to 3.82

Others Also Read