Flexible funding scheme will allow more M’sians to own homes, says ministry

KUALA LUMPUR: A weak credit record, high-risk profile and insufficient documents to support their repayment ability are some of the reasons that have made access to funding for home purchasers difficult.

Housing and Local Government Ministry (Housing and Community Wellbeing) deputy secretary-general Datuk Azhar Ahmad said those without a fixed income and were involved in the gig economy were also finding it difficult to access financing facilities to buy homes.