DCM: Sarawak won’t adopt move to allow developers to provide housing loans


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.

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Government , East Malaysia , housing loan

   

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