In a statement yesterday, the property developer’s managing director Teh Lip Kim said to encourage new home ownership and a robust property sector, the government should introduce a policy where a first-time home buyer will get higher margin financing and a longer loan tenure of 45 years to 50 years.
PETALING JAYA: Selangor Dredging Berhad
(SDB) hopes that the government will introduce policies and incentives to further revive the local property sector, especially for first-time home buyers.
In a statement yesterday, the property developer’s managing director Teh Lip Kim said to encourage new home ownership and a robust property sector, the government should introduce a policy where a first-time home buyer will get higher margin financing and a longer loan tenure of 45 years to 50 years.
