The Malaysia Housing Financing Initiative (i-Biaya), launched to help low-income families own homes, aims to benefit 25,000 B40 and M40 applicants this year, with estimated financing of RM5.9 billion. Finance Minister Tengku Zafrul noted that 67,000 families have already acquired homes through Skim Rumah Pertamaku, totalling RM14.8 billion in financing. The initiative is part of broader efforts to provide affordable housing and ease homeownership for lower-income groups.I-BIAYA ENABLES LOW-INCOME FAMILIES OWN HOMES
The Malaysia Housing Financing Initiative (i-Biaya), launched to help low-income families own homes, aims to benefit 25,000 B40 and M40 applicants this year, with estimated financing of RM5.9 billion. Finance Minister Tengku Zafrul noted that 67,000 families have already acquired homes through Skim Rumah Pertamaku, totalling RM14.8 billion in financing. The initiative is part of broader efforts to provide affordable housing and ease homeownership for lower-income groups.
