FundMyHome open to everyone, says Zuraida

FundMyHome open to everyone, says Zuraida

The housing and local government minister says EdgeProp Sdn Bhd chairman Tong Kooi Ong misspoke when he said the housing scheme was not meant for those from the lower income group.

Housing and Local Government Minister Zuraida Kamaruddin.
KUALA LUMPUR:
Housing and Local Government Minister Zuraida Kamaruddin says the chairman of the company behind the FundMyHome homeownership plan made a mistake when he said the scheme was not aimed at those from the middle and lower income groups.

“He misspoke,” she said, referring to EdgeProp Sdn Bhd chairman Tong Kooi Ong.

“After I asked him about it, he admitted that he misspoke and asked me to clarify the matter.

“The scheme is open to everyone,” she told reporters when met at the Parliament lobby today.

Earlier this month, Tong said the scheme was never targeted at middle and lower-income earners, adding that its proponents had not singled out any particular income group.

He said those interested must have enough savings to pay for the 20% downpayment, which is at the heart of criticism by those who say it is beyond the reach of most Malaysians.

He also said that housing for the poor was the responsibility of government agencies, not the private sector.

On a separate matter, Zuraida said Johor’s proposal to allocate 30% of properties in Forest City to Malaysians had yet to be raised in Cabinet.

She said her ministry had not discussed the matter with the Johor government.

“They need to present their proposal to us,” she added.

The Johor government had mooted the idea to allay fears that Chinese nationals who bought into the project would become residents.

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