No to 8,770 loan ap­pli­ca­tions

> Banks’ strict con­di­tions among rea­sons, says S’gor hous­ing exco

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

SHAH ALAM: The Se­lan­gor state gov­ern­ment had re­jected 8,770 of the 17,546 ap­pli­ca­tions re­ceived for af­ford­able hous­ing un­der the Rumah Se­lan­gorku pro­gramme since it was first in­tro­duced in 2012.

State Hous­ing, Build­ing and Ur­ban Set­tler Man­age­ment Com­mit­tee chair­man Datuk Iskan­dar Ab­dul Sa­mad said the ap­pli­ca­tions were re­jected fol­low­ing strict con­di­tions im­posed by fi­nan­cial in­sti­tu­tions.

“Ap­pli­ca­tions were re­jected as ap­pli­cants were un­able to pay or have is­sues with their credit card pay­ment, in ad­di­tion to be­ing black­listed by the Na­tional Higher Ed­u­ca­tion Fund Cor­po­ra­tion (PTPTN).

“How­ever, we have asked for fi­nan­cial in­sti­tu­tions to ease the con­di­tions im­posed to en­able the ap­pli­cants to be given an op­por­tu­nity to own a home through this pro­gramme,” he said at the State Leg­isla­tive Assem­bly yes­ter­day.

He was re­spond­ing to a ques­tion from Datuk Hal­i­ma­ton Saa­diah Bo­han (BN-Kota Da­mansara) on the num­ber of ap­pli­cants for Rumah Se­lan­gorku pro­gramme who failed to ob­tain loans and state gov­ern­ment’s ini­tia­tives to help those con­cerned.

Iskan­dar (PAS-Cem­paka) said they have also asked Bank Ne­gara to look into the is­sue for a more com­pre­hen­sive so­lu­tion.

In the mean­time, he said, the state gov­ern­ment was also im­ple­ment­ing three schemes to fa­cil­i­tate the pur­chase of af­ford­able hous­ing namely Dana-Sel, Smart Rent and Smart Se­lan­gor Home Buyer pro­gramme. – Ber­nama

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