SUBSCRIBERS

M'sia to allow developers to offer loans

Published Thu, Sep 8, 2016 · 09:50 PM

Kuala Lumpur

PUTRAJAYA plans to open the door for qualified developers to provide home loans to buyers amid a stricter lending climate which has hurt property sales.

Property players say the measure could help developers sell more stock in the short term but do not expect a significant impact given that home builders lack access to quantum funds.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here