Standardised agreement eases housing loan disputes: SHEDA
KUCHING: A standardised housing loan and home financing agreement for retail customers will effectively resolve disputes. Sarawak Housing and Real Estate Developers’ Association (SHEDA) Kuching chairman Datuk Sim Kiang Chiok said the standardised document will serve as the benchmark for the terms and conditions of the housing loan, which all banks must adhere to without […]
Yes to longer housing loan period
KUCHING: Sarawak Housing and Real Estate Developers’ Association (SHEDA) Kuching supported the suggestion to extend the maximum repayment period for housing loans from 25 years to 35 years. Its Kuching branch chairman Datuk Sim Kiang Chiok said this would help to reduce the monthly mortgage repayment, hence, allowing the borrowers to have more disposable income. […]
Solve loan issue before talking about affordable housing, govt told
SIBU: The federal government should first instruct the central bank to solve the problem of housing loans before talking about affordable housing, opines Tiew Yen Houng. The Parti Bumi Kenyalang (PBK) treasurer pointed out that “otherwise, no matter how good the policy is, it will only be just empty promises and can’t actually help the […]
Retired couple shocked over outstanding loan
KUCHING: After paying their loans regularly for 20 years, a retired couple was shocked to find that they have only repaid one-third of their loan and there was still two-thirds outstanding. This is the distressing experience of Mr and Mrs Jee when they found out that after they have regularly made monthly repayments of their […]
Housing loan equity programme for B40 group
KUCHING: Co-Opbank Pertama (CBP) is introducing a housing loan equity programme for B40 group to own house. Its chief executive officer Mohd Nor Abd Razak said the scheme was aimed as a platform to provide home ownership to the targeted group. “We will be collaborating with a well-established organisation and this programme will be introduced […]
Housing loan moratorium proposal to be tabled in Cabinet
PUTRAJAYA: A proposal to grant a moratorium (deferment) on housing loan for civil servants who borrowed from the Public Sector Home Financing Board (LPPSA) will be discussed in the cabinet next week, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. He said all the proposals presented would be considered by the Ministry of Finance, as well as other relevant ministries and […]
