Govt's move to increase income eligibility for Rumah Mesra Rakyat applicants widens homeownership opportunity for M40 group, say industry players

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KUALA LUMPUR, April 15 — The Government’s latest move to raised the monthly household income eligibility for Rumah Mesra Rakyat (RMR) applications is expected to benefit...

KUALA LUMPUR, April 15 — The Government’s latest move to raised the monthly household income eligibility for Rumah Mesra Rakyat applications is expected to benefit Malaysians fairly, especially the middle income group in owning a house, industry players said.

“It will benefit many, especially those working in urbanised areas where the cost of living is much higher, it is likely this group will benefit from this. Previously, Local Government Development Minister Nga Kor Ming announced the increment of RMR monthly household income eligibility application from RM3,000 to RM5,000 to benefit more people by providing opportunities for the targeted group to apply for the scheme under Syarikat Perumahan Negara Berhad .

“SPNB should also look to expand the initiative in terms of bigger land area and open up further to other categories of income earners where SPNB can play a lead role,” he said.

 

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