Housing experts have lauded Yayasan My First Home’s initiative to help the lower-income group who are blacklisted to clear their names and own a house. One of them has extended a helping hand.
“To have a foundation set up for this purpose will hopefully amplify our opinion that much work needs to be done in order to assist those in the B40 and M40 groups to own a house.” “Discipline is required by everyone to ensure all monthly and necessary payments are made on time, and to understand where to minimise or maximise spendings to ensure they are living within their means while catering to their essential needs,” Tong said.
“Perhaps developers can also come together under one umbrella to optimise their affordable housing offerings to the market by sharing knowledge and exchanging information to benefit the housing industry,” said Tong. The foundation was launched earlier this month by the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah, who lauded the initiative by BCorp founder and chairman Tan Sri Vincent Tan, calling it a “noble cause”.