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.
Today, my friend Datuk Kadir Jasin posted on his blog on the possibility that there might have been a leak of the contents of the recent Budget given the launch of FundMyHome just two days after the presentation of Budget 2019 in Parliament.
KUALA LUMPUR (Nov 8): Former Prime Minister Datuk Seri Najib Razak (pictured) has asked whether the FundMyHome scheme is meant to benefit the people or the developers.
YB Dato Seri Najib Razak, With respect, you are wrong again.
(Nov 8): Former Prime Minister Datuk Seri Najib Razak said he is displeased by the FundMyHome scheme that was announced in Budget 2019.
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SEMENYIH (Nov 4): Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong.
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