Flie pic of the PR1MA housing complex at Precinct 11 Putrajaya.
THE recent suggestion by Urban Well-Being, Housing and Local Government Minister Tan Sri Noh Omar on allowing developers to obtain money lending licences so they can offer loans to potential homebuyers has drawn flak from a number of quarters.
The suggestion has, however, brought to light a long-standing problem, especially for those who hope to purchase their first home.
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