: A total of 50,884 Housing Credit Guarantee Scheme loan applications worth RM10.894 billion have been approved from 2008 to April 30, said Housing and Local Government Minister Nga Kor Ming.
“Financing is limited to the first home. However, this financing is not limited to new homes only, but also includes homes in the secondary market,“ he said. He said, since PPR was introduced in 1982 to date, as many as 202 PPR with 115,039 residential units have been approved for construction with 164 projects involving 101,516 units, completed.
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