KUCHING: Sarawak would not adopt the move by the Urban Wellbeing, Housing and Local Government Ministry to allow private housing developers to give loans to homebuyers.
Deputy Chief Minister Datuk Amar Abang Johari Tun Abang Haji Openg said this was because such a move could pose financial risks to the developers as the scheme may not be sustainable in the long term.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!