Home ownership should not cause financial difficulties, says Bank Negara | The Malaysian Insight

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Home ownership should not cause financial difficulties, says Bank Negara | The Malaysian Insight
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Home ownership should not cause financial difficulties, says Bank Negara

Of 171,000 unsold residential units, about 74% are beyond the means of ordinary Malaysians. – The Malaysian Insight file pic, April 2, 2019.

MALAYSIA is committed to providing adequate housing as well as ensuring affordability, habitability and accessibility, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour. In his opening remarks at a Cagamas-World Bank Group conference on affordable housing in Kuala Lumpur today, he said it was of utmost importance that BNM consider the principles of sound and prudent financial management in this undertaking.

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