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Solving the housing problems

WITHIN a span of just four days, a number of initiatives relating to the country’s home ownership and overhang dilemma were announced by the government, signifying that the situation is in need of a quick resolve.

Two-in-one event: The opening ceremony of the Mapex and Home Ownership Campaign 2019 at Udini Square in Penang recently. The expo is seen as a great way to attract property buyers.

Tackling housing, overhang problems

Affordable Homes and Rumahku portal fund launched

Fund launched: (from left) Deputy Finance Minister Datuk Amiruddin Hamzah, Housing and Local Government Minister Zuraida Kamaruddin, Finance Minister Lim Guan Eng, Nor Shamsiah and AKPK chairman Anuar Mohd Hassan at the launch of Bank Negara’s fund for Affordable Homes and Rumahku portal in Kuala Lumpur.

Lower financing rate for first-time house buyers

KUALA LUMPUR: First-time house buyers are expected to enjoy 23 per cent less in monthly commitment compared to current financing schemes offered in the market with the official launch of Bank Negara Malaysia’s (BNM) Fund for Affordable Homes initiative today.

Affordable Homes and Rumahku Portal to boost home ownership

KUALA LUMPUR: The Real Estate and Housing developers’ Association (Rehda) is optimistic that the newly launched Affordable Homes and Rumahku Portal fund by Bank Negara (BNM) will help boost home ownership within the country.

Penang MCA objects to water hike

PENANG MCA has handed Chief Minister Chow Kon Yeow a letter objecting to the likely increase in water tariff rates.

(From left): Soon and Ooi handing the objection letter to a representative from the Chief Minister’s office at Komtar, Penang.

Living within their means

There is a pressing need for youths to learn how to live within their means and practise moderation in every aspect of life.

‘Financial well-being at dismal levels’

PETALING JAYA: One out of five working adults did not manage to save any money over the last six months, a survey has shown.

Spotlight on finance: Dr Wan Azizah launching AKPK’S inaugural financial behaviour survey report at its Financial Literacy Symposium 2018. Looking on is AKPK chairman Anuar Mohd Hassan (back) and Azaddin. — Bernama

Youngsters finding it hard to save money every month

GEORGE TOWN: Beauty consultant Stella Ree said it was “normal” for those who just started working to not be able to save money every month.

3 out of 10 working M'sians had to borrow money for essential goods

PETALING JAYA: Three out of 10 working adults have had to borrow money to buy essential goods in the past six months, a survey by the Debt Management and Counselling Agency (AKPK ) has found.

RM1bil fund to help spur sale of affordable homes

PETALING JAYA: Bank Negara is setting up a RM1bil Fund for Affordable Homes to help home buyers from the lower income group nationwide to finance the purchase of their first homes.

Housing aid: The RM1bil fund is for Malaysian citizens with a maximum monthly household income of RM2,300 buying properties of up to RM150,000, Bank Negara said.