FLASH: Extending the youth housing scheme

To help the youth to own the first home, the government will extend the youth housing scheme conducted by BSN from 1 January 2020 until 31 December 2021.

The scheme also offers a 10% loan guarantee through Cagamas to enable the borrower to obtain full financing and assistance of a monthly instalment of RM200 per month for the first two years limited to 10,000 units of houses.