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KUALA LUMPUR: The Government will take initiatives to provide more affordable homes for the low and middle income as well as subsidies to developers who build homes targeted to the groups.
Petaling Jaya: Property sources said Bank Negara’s new circular which bans interest capitalisation schemes (ICS) is not an attempt to fine-tune the measures proposed for the property sector under Budget 2014 but is merely “a guide for banks” when they finance house purchases.
THE National House Buyers Association (HBA) was invited to attend the annual Budget Consultation last Monday at PutraJaya International Convention Centre (PICC). This year’s theme was “Strengthening Growth, Enhancing Inclusiveness, Ensuring Fiscal Sustainability”.