Budget 2022: Help on the way for those without proof of fixed income to buy homes


PETALING JAYA: RM2bil worth of bank guarantees will be provided beginning next year through the Housing Loan Guarantee Scheme to help people with no fixed income and no proof of income to enable them to own a house.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said this came after many complaints from gig workers, small business owners and farmers who said it was hard for them to obtain housing loans because of the reasons stated above.

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Monthly Plan

RM 13.90/month

RM 8.34/month

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RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

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