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7 govt housing schemes first-time buyers must check out

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Here are seven government housing schemes you can consider applying for, based on your location or income level. housing

: Middle and low-income groups residing and working in the Federal Territories .Income requirements:Single borrowers: Household income of no more than RM10,000 a monthLow-income groups residing or working in Kuala Lumpur can rent a low-cost home, provided they don’t own a home within 35 km from the city centre. Only married borrowers can apply. Renters can later purchase the home if they wish to do so.

Type C: 800-899 sq ft, 900-999 sq ft, and 18×60 sq ftFor Type A homes: Household income of no more than RM3,000 a monthFor more info and to apply:Middle and low-income groups born or residing and working in Penang and are a registered voter in Penang may purchase a home located in the island.Type B homes: max. price RM72,500Type C3 homes: max. price RM300,000Type B homes: Household income of no more than RM3,500Type C2 homes: Household income of no more than RM8,0005.

 

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