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

Nestle's stake in L'Oreal is a financial investment, Nestle CEO says
Stratus Global eyes Main Market listing
Six enterprises face possible penalties for alleged bid-rigging cartel
Thailand's baht, Malaysian ringgit hit multi-year highs; Singapore stocks at fresh peak
Amova AM to raise stake in AHAM Asset Management to 97.7%
Stocks, precious metals rise; yen on intervention watch
Gold hits record high on safe-haven demand; silver climbs to new peak
OCBC, Bank of Ningbo partner with Johor Govt, agencies to promote JS-SEZ in Beijing
FIMM Reprimands five active/former unit trust scheme consultants for misconduct
China's new-style tea brands find a hot new market in US

Others Also Read