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.