Budget 2019: RM1bil fund for first house purchase


KUALA LUMPUR (Bernama): Bank Negara will be setting up an RM1bil fund to finance the first house purchase for those with a monthly income not exceeding RM2,300.

Finance Minister Lim Guan Eng said the fund would be provided from Jan 1 2019 to purchase affordable houses priced at up to RM150,000.

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