RM40bil in housing financing guarantees available for 100,000 first-time homeowners, says Nga


KUALA LUMPUR: The Housing Credit Guarantee Scheme (SJKP) aims to help over 100,000 individuals own their first homes by the end of this year, with RM40bil in financing guarantees available for applications.

Housing and Local Government Minister Nga Kor Ming said that the government had increased the guarantee financing ceiling by RM10bil in 2025, bringing the total value of guarantees since the scheme’s introduction in 2008 to RM40bil.

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