Zahid: Govt to tackle rising house prices with long-term housing loan strategy, to be discussed by BNM, Finance and Housing ministries

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Housing Loans News

Ahmad Zahid Hamidi,Finance Ministry,House Prices

PUTRAJAYA, Oct 10 — Proposals under the National Housing Policy, including the provision of long-term housing loans, will be discussed by the Finance Ministry with Bank Negara...

Zahid: Govt to tackle rising house prices with long-term housing loan strategy, to be discussed by BNM, Finance and Housing ministries

“This is to ensure that lower-income individuals and households can own homes without being burdened by the rising house prices,” he said in a statement after the meeting. During the meeting, the Department of Statistics Malaysia presented the status of the Cost of Living Indicators 2023, developed to provide insights into the expenses required for households to meet a decent standard of living, including social participation.

 

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