News about M40

KUALA LUMPUR (Nov 24): MBSB Bank Bhd will be offering the B40/M40 Targeted Repayment Assistance for the bottom 40% and middle 40% income groups to further assist those adversely impacted by the Covid-19 pandemic.

KUALA LUMPUR (Sept 10): While reiterating that no vacancy tax will be imposed, Minister of Housing and Local Government (KPKT) Zuraida Kamaruddin stressed that the government's priority will be to encourage home ownership among the B40 and M40 groups.

“How can I enjoy my retirement when I can’t even survive now with the Covid-19 pandemic?” The above encapsulates the plight of many Malaysians especially the B40 and lower segment of M40 groups who are struggling to make ends meet during this economic distress caused by the Covid-19 pandemic and Movement Control Order.

KUALA LUMPUR (March 27): Prime Minister Tan Sri Muhyiddin Yassin has announced one-off cash payout for the M40 and B40 groups totalling RM10 billion as part of a massive RM250 billion stimulus package to address the COVID-19 outbreak's impact on the economy.

  The National Mortgage Corporation of Malaysia (Cagamas Bhd) plans to introduce a shared equity home ownership scheme for the middle 40% (M40).

PETALING JAYA (Jan 31): With so much focus on easing homeownership for the B40 (bottom  40% income group)  the National House Buyers’ Association (HBA) has reminded the government not to forget about the needs of the M40 (middle 40% income group).

KUALA LUMPUR (Jan 16): The government's plan to build one million units of affordable homes within the next 10 years can be achieved albeit being a tall order, said CBRE|WTW managing director Foo Gee Jen.

Property sector Maintain neutral: Our analysis shows that the Medium 40% (M40) and Bottom 40% (B40) households face difficulty in buying properties as the average house price is above both groups’ affordability range.

KUALA LUMPUR (Nov 22): Housing and Local Government Minister Zuraida Kamaruddin (pictured) said Putrajaya was aware of the obstacles preventing low-income groups in buying homes.

PETALING JAYA (Oct 30): The prices of homes within a 1km radius surrounding the mass rapid transit (MRT) stations of the Sungai Buloh-Kajang MRT line (SBK-MRT) are unaffordable even for the M40 income group, according to the Centre for Governance and Political Studies (Cent-GPS).