— The government and Bank Negara Malaysia are working to ease the terms and conditions for housing loans. — Reuters pic
Finance Minister Lim Guan Eng said the ministry would take action if it were to receive any report from developers on housing loan applications being rejected without strong justifications. He added that the ministry would forward the reports to BNM to be investigated and for the central bank to assist those affected in obtaining housing loans.
Meanwhile, in conjunction with the HOC, Lim said buyers of residential properties priced between RM300,000 and RM2.5 million would be able to enjoy stamp duty exemptions on the instrument of transfer for properties, with 100 per cent stamp duty exemption being applicable for the first RM1 million of the purchase price.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Govt is monitoring ringgit’s performance, says Guan Eng after fall in currency value | Malay MailKUALA LUMPUR, April 23 — The government will monitor the ringgit’s performance in the foreign exchange market following the recent fall in the currency’s value, says Finance Minister Lim Guan Eng. He said the ringgit’s performance should be evaluated on an annual basis, as it was normal for... monitor je laa mampu. dia merosakkan. dia yg monitor. Saya sayang LGE. Terima kasih. Tepuk
Source: malaymail - 🏆 1. / 86 Read more »
Govt will service 1MDB’s debt obligation, Guan Eng says | Malay MailPUTRAJAYA, April 23 ― Finance Minister Lim Guan Eng has given his assurance that the government will service all debt obligations related to 1Malaysia Development Bhd (1MDB). “The government needs to find the money to repay all the loans related to 1MDB, while the government gets nothing in...
Source: malaymail - 🏆 1. / 86 Read more »
Deputy minister: Finance Ministry, Bank Negara did not issue conflicting data on govt debt | Malay MailKUALA LUMPUR, April 23 — The Finance Ministry (MOF) and Bank Negara Malaysia (BNM) did not release conflicting data on the Federal Government’s direct debt, says Deputy Finance Minister Datuk Ir Amiruddin Hamzah. He said MOF and BNM, through their latest documents, both reported...
Source: malaymail - 🏆 1. / 86 Read more »