Objections to FundMyHome reminiscent of online share trading launch, says Tong
Since the Nov 4 launch of FundMyHome, naysayers have abounded.
Since the Nov 4 launch of FundMyHome, naysayers have abounded.
The Edge Media Group主席拿督Tong Kooi Ong指出,每个家庭都应有一个像样的居所,但有些人却没有能力负担,因此,市场需要一个能够集合各界人士资源的计划,以帮助这些家庭找到理想的家居,同时也协助解决市场供需失衡的问题。 他强调,供应不足并不是造成房价不断攀升的原因,真正的问题在于世界上所有的消费者,包括马来西亚在内,都有太多的财务负担,因此才没有能力借贷买房。 他在FundMyHome.
PETALING JAYA (Nov 15): FundMyHome is not designed to be a solution for all potential homeowners, said EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong.
KUALA LUMPUR (Nov 15): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong said the FundMyHome platform, which provides an alternative form of financing for first-time homebuyers, will not lead to a subprime crisis and would in fact have the reverse effect.
KELANA JAYA (Nov 13): Rehda Institute is looking at introducing a Residential Real Estate Investment Trust (REIT) which could provide more rental housing to the B40 income group.
KUALA LUMPUR (Nov 12): Finance Minister Lim Guan Eng today explained that the new homesownership platform initiative provides Malaysians with another option towards owning a home.
With Malaysia's median household income of RM5,228 in 2016, RM188,208 should be the maximum affordable house price, when utilising Demographia International's Median Multiple (MM) method in which homes are considered affordable only if it is less than three times the household median annual income.
A Frankly Speaking comment in the latest issue of The Edge Malaysia (Nov 12 - 18, 2018) The issue is not availability.
KUALA LUMPUR (Nov 9): The FundMyHome property platform will not be a monopoly of the newly-proposed home financing scheme sector, political secretary to Minister of Finance Tony Pua explained today.
Scenario 1 : If you are renting Say you and your spouse are in your late 20’s.