Skim Rumah Pertamaku

PETALING JAYA: The Malaysian property sector is not in any immediate risk of experiencing a bubble, according to property consultant CBRE Malaysia executive chairman Chris Boyd.

He said despite rising residential property prices, houses in Malaysia were still among the cheapest in the region.

“Residential property prices increased at a constant pace in Malaysia until 2009, but [...]

The last few years have seen young professionals struggle to own property. Now with rising house prices and a shorter home loan repayment period, some say it has become an impossible struggle.

WANTING and actually being able to afford your own place are two very different things.

With the oversupply of high-end condominiums shadowing the property market, [...]

1. Firstly, can you tell us a bit about yourself and how you can help in individuals applying for the My First Home program?

The origin of Malaysia Building Society Berhad (MBSB) can be traced back to the Federal and Colonial Building Society Limited incorporated in 1950. In 1956, it changed its name to Malaya [...]

KUALA LUMPUR (Bernama) — Those yearning to own their first home will definitely heave a sigh of relief over the government’s undertaking in not only providing affordable homes but also making it easier to own one.

For a start, under the 2013 Budget, RM1.9 billion has been allocated to build 123,000 affordable homes at strategic locations [...]

BUYING a home could be the largest purchase one would make in their lifetime, but with the overall cost of properties steadily increasing most people cannot afford to do so. In an effort to help these people, the government introduced the Malaysia My First Home Scheme.

The Malaysia My First Home Scheme (MFHS) or Skim Rumah [...]

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KUALA LUMPUR, (Bernama) — Prime Minister Datuk Seri Najib Tun Razak’s aggressive efforts to transform Malaysia into a developed nation by 2020, is reflective of a leader who walks the talk.

Prof Datuk Dr Zainal Keling, holder of the Tun Abdul Ghafar Baba chair at Universiti Pendidikan Sultan Idris, said Najib walked the talk with his [...]

Majority of Malaysians feel that properties in Malaysia are expensive and almost three in four persons feel that the government is not doing enough to keep prices affordable, according to an online survey by PropertyGuru Malaysia. It also singled out Johor Baru, Georgetown and Kajang as the potential next hotspots in the country.

PropertyGuru Malaysia Property [...]

The income limit of individual borrowers for My First Home Scheme (SRP) will be increased from RM3,000 to RM5,000 per month effective January 2013.

This enhancement was one of the SRP’s eligibility criteria slated for improvement under Budget 2013’s announcement last year, Cagamas SRP Bhd said yesterday.

For joint borrowers, it said the income limit had been increased up [...]

The My First Home Scheme introduced by the government is not an assurance that all first-time buyers are eligible for housing loan, the Dewan Negara was told.

Deputy Finance Minister Datuk Dr Awang Adek Hussin said  the buyers’ eligibility for a loan would depend on their financial ability and credit evaluation conducted by the banks involved [...]

A total of 436 applications worth RM66.5 million have been approved till October to assist young adults to own a house under the My First Home Scheme, the Dewan Negara was told.

Deputy Finance Minister Datuk Dr Awang Adek Hussein said of them, 337 obtained housing loans amounting to RM50.1 million while applications from the rest [...]

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