Ministry to work with financial providers to address loan rejection by banks


KUALA LUMPUR: To ease the housing glut which mainly arises from loan rejection, the Housing and Local Government Ministry is looking to work with financial providers other than banks to provide home loans.

Its deputy minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad said there is still demand for housing but due to strict financial requirements set by the banks, many potential home buyers could not buy the houses they desire.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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