KUALA LUMPUR: The government’s new proposal, Madani Deposit Initiative (MDI), aimed at providing help for young people to own homes, is welcomed by Pr...
The government’s new proposal, Madani Deposit Initiative , aimed at providing help for young people to own homes, is welcomed by PropertyGuru, which sees it as a pivotal step in addressing housing affordability for young Malaysians.
Soh said the initiative also opens opportunities for more Malaysians to consider purchasing homes in emerging areas where property prices are lower but still offer good connectivity and amenities, further supporting the government’s push for a more inclusive housing market. Soh lauded the initiative as a “straightforward, well-targeted contribution”, noting its potential to get more young people onto the property ladder. “This is about helping first-time buyers secure their homes, and it’s exactly what’s needed right now to boost their confidence in the market,” he said.
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