PM upbeat on new home ownership scheme


SEMENYIH: New schemes to help drive home ownership such as the newly-launched FundMyHome.com will help the government to deliver its promise to build one million houses in 10 years, says Tun Dr Mahathir Mohamad.

Speaking during the launch at the Eco Majestic development here, the Prime Minister said the scheme, the first of its kind in the world, offered first-time home buyers a chance to pay only 20% to own a house worth below RM500,000 while the remaining sum is borne by investors via the peer-to-peer (P2P) financing framework.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In