KUALA LUMPUR, Oct 9 (Bernama) -- Financing guarantees exceeding 100 per cent under the Housing Credit Guarantee Scheme (SJKP), announced in Budget 2027, would help more young people own their first homes, Housing and Local Government Minister Nga Kor Ming said.
General : Budget 2027: RM20 Bln Boost For SJKP Guarantee Fund To Help More First-time Homebuyers - Nga
SJKP, Budget 2027, Nga Kor Ming, KPKT, stamp duty
Key takeaways
Budget 2027 includes a RM20 billion boost for SJKP, helping more first-time homebuyers with up to 120% financing guarantees.
- SJKP guarantees up to 120% for home purchases and renovations, aiding young buyers.
- RM20 billion added to SJKP fund to assist 80,000 first-time homebuyers next year.
- Stamp duty exemptions and reductions for properties under RM750,000 announced.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
6 stories on this topic from 4 sources, oldest first.
- New Straits Times #SHOWBIZ: 2027 Budget: RM130mil boost for film, music and creative arts
- New Straits Times 2027 Budget: Mah Sing hails measures to boost housing affordability
- Bernama General : Budget 2027: RM20 Bln Boost For SJKP Guarantee Fund To Help More First-time Homebuyers - Nga (this story)

