Making home ownership a reality


Choices aplenty: Nur Syakirah Zainuddin, 24, (centre) and her friend Nur Hazelien Shahira Zubir, 24, listening to an official as he explains the type of houses offered at the Ekspo Jualan Perumahan organised by Perbadanan PR1MA Malaysia at the Putra World Trade Centre recently. — Bernama

A PERSON’S castle is his or her home but increasingly, in many parts of the world, having one’s own home has become out of reach, particularly for the millenial generation.

In cities like London, where, according to think tank Resolution Foundation, half of all British millennials would rent homes into their 40s and a third into their retirement, and Hong Kong, which had been named the least affordable real estate market in the world for an eighth year by property consultancy Demographia, homes are being priced out of reach.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Property , affordable housing , Pri1ma , PPR , MyDeposit , MyHome

   

Next In Nation

PM: Govt can cope with hike
Their Majesties laud firemen for their service
Pilot and trainee survive light aircraft crash
Malaysia’s Press Freedom Index position still good, says Fahmi
Scorching climate not cooling soon
Skip the gym, laugh your way to a fitter self
Michelle Yeoh gets Medal of Freedom
Hot weather pummels outdoor workers
KKB Polls: Transport services, bill payment centre among promises
KKB Polls: All fishing for Indian votes in KKB

Others Also Read