KUALA LUMPUR: An additional RM10bil has been allocated under Budget 2026 to expand the Housing Credit Guarantee Scheme (SJKP), bringing the government’s total allocation to RM40bil to help Malaysians own homes, says Nga Kor Ming.
“Since its implementation in 2008 until Aug 31, 2025, a total of RM22.72bil in loan guarantees involving 95,460 applications have been approved. The ministry will work with Bank Negara to ensure all financial institutions participate in this scheme,” the Housing and Local Government Minister told Parliament during his winding-up speech on Wednesday (Oct 29).
