Budget 2019: RM1bil fund for first house purchase


  • Nation
  • Friday, 02 Nov 2018

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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Wee: Moderation key to Malaysia’s diversity
Zahid: Umno will defend the unity govt cost
Umno needs to be rebranded as party of the future, say delegates
Foreign tourist held in connection to naked clip from Semporna hotel balcony
Journalists have duty to report, spark ideas for nation-building, says PM Anwar
Star Media Group wins three top MPI-PETRONAS journalism awards
We go through every application, says Dr Wee
Law does not state lawyers must be present during questioning, says MACC
Couple falls off boat in Tawau Pulau Sebatik waters, husband missing
Sarawak agrees to simplify application process for swiftlet house licences

Others Also Read