Govt should promote rent-to-own concept to boost homeownership

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

READ MORE

Alternative solutions are worth consideration

With Malaysia's median household income of RM5,228 in 2016, RM188,208 should be the maximum affordable house price, when utilising Demographia International's Median Multiple (MM) method in which homes are considered affordable only if it is less than three times the household median annual income.

READ MORE

FundMyHome not a monopoly, says Pua

KUALA LUMPUR (Nov 9): The FundMyHome property platform will not be a monopoly of the newly-proposed home financing scheme sector, political secretary to Minister of Finance Tony Pua explained today.

READ MORE