Affordable home fund eligibility eased


Programme launched: CGC chief business officer Leong Weng Choong showing the MyKNP programme to Nor Shamsiah at the launch yesterday.

KUALA LUMUR: Bank Negara is intensifying efforts to assist first-time homebuyers by doubling its previous caps on household income and property prices to allow more to access its RM1bil fund.

Beginning Sept 1, eligibility for the Fund for Affordable Homes will be expanded to a maximum household income of RM4,360 from RM2,300 and the maximum property price has been doubled to RM300,000 per unit.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit likely to continue uptrend next week, trading at 4.28-4.29 against US dollar
China-Malaysia bilateral trade surges to US$117.52bil in first 7 months of 2024
Hype or real business impact?
What next after simmering summer?
Making history or repeating it?
Balancing risk and reward in the new PPP master plan
A ritzy Interval before take-off
Out with the old
Changes needed in nation’s push for net zero
Smooth transition of assets to the next generation

Others Also Read