PETALING JAYA: The government’s move to double the Housing Credit Guarantee Scheme (SJKP) allocation to RM20bil is expected to help 80,000 first-time homebuyers and boost the property market, say industry players.
Real Estate and Housing Developers’ Association (Rehda) president Datuk Ho Hon Sang said the move, along with the extended Youth Housing Financing Scheme under the Public Sector Home Financing Board and the higher financing limit of up to RM1mil, will boost home ownership.
