THE RAKYAT POST. 6TH MARCH: The SJKP housing loan is a boon for homebuyers who do not meet the credit score traditionally required by banks. Many Malaysians would want to own a home one day, and the government has made this easier. People who do not have a permanent job and salary slip can make a […]
PENANG PROPERTY TALK. 5TH MARCH: Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday that the self-employed can now apply for loans for the Perbadanan Pr1ma Malaysia Berhad (PR1MA) housing scheme through the Housing Credit Guarantee Scheme (SJKP). He said SJKP — which is fully owned by the Ministry of Finance — allowed greater flexibility for young […]
NEW STRAITS TIMES. 5TH MARCH: Floods can cause direct and indirect losses to people’s lives and livelihoods. The 2014 floods, then dubbed the largest flooding event in a century, saw Kelantan the worst hit compared with other states such as Terengganu, Pahang and Johor. A total of 541,896 people were displaced, 25 died and 2,076 houses […]
THE EDGE MARKETS. 5TH MARCH: China’s central bank will increase financial support for rental housing and tailor its property policies to conditions in different cities as it largely affirms its stance since late year. The People’s Bank of China (PBOC) reiterated it will promote the real estate sector’s healthy development, according to a Friday (March 4) […]
THE STAR. 4TH MARCH: Perbadanan PR1MA Malaysia (PR1MA) and government-owned credit guarantee agency Syarikat Jaminan Kredit Perumahan Bhd (SJKP) are collaborating to provide housing loan guarantees for PR1MA home buyers. Prime Minister Datuk Seri Ismail Sabri Yaakob said that the collaboration for the PR1MA Innovative Housing Loan Scheme would allow more Malaysians to own a house and […]
FREE MALAYSIA TODAY. 3RD MARCH: Home rents have risen to a seven-year high in Singapore, already one of the world’s most expensive cities, even though the city state’s population has dipped in the past two years. The rental price index of private residential properties increased to 114.2 in the fourth quarter of 2021, up 9.9% from […]
EDGEPROP. 3RD MARCH: Yayasan My First Home (YMFH) targets to assist a total of 1,000 blacklisted persons to own their first house within a year, according to its chairman Tan Sri Vincent Tan. Speaking at the launching event on Thursday (March 3), the tycoon and founder of Berjaya Corp Bhd said YMFH was established to facilitate […]
THE EDGE MARKETS. 3RD MARCH: Although the economy is picking up, the mutating of the Covid-19 virus may hinder the recovery of the real estate market in Johor in 2022. Having said that, the country is more equipped to tackle unexpected variants, allowing developers in the state to cater for pent-up demand and plan future launches. […]
ASIAONE. 2ND MARCH: Lee Jae-hong would have had no trouble buying a home in the suburb of Ilsan on the outskirts of Seoul back in 2018. With a strong credit score and a job at a blue chip company, borrowing enough for an average apartment in the city costing about US$562,000 (S$763,000) was well within reach. But the […]
NEW STRAITS TIMES. 2ND MARCH: The proposed Residential Tenancy Act (RTA) by the Ministry of Housing and Local Government (KPKT) will hurt the rental market, according to the Malaysian Real Estate and Housing Developers’ Association acting president, Datuk NK Tong. Tong said some proposals in the Act should be carefully reviewed and reconsidered; otherwise, the impact on […]