KUALA LUMPUR: The government’s new proposal, Madani Deposit Initiative (MDI), 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. PropertyGuru country manager Kenneth Soh said its recent study revealed that 50% of respondents desire greater government support in the form of...
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IPOH: The Ministry of Housing and Local Government (KPKT) is committed to focusing on efforts to help young people own homes through the MADANI Deposit scheme. The MADANI Deposit, aimed at youths aged between 21 and 40, is one of 33 proposals forwarded by the ministry to the Ministry of Finance for Budget 2025. Minister Nga Kor Ming said that 76.9 per cent of families in the country currently possess...
PETALING JAYA: Blue Duck Tech Sdn Bhd aims to replace up to RM500 million in rental deposits per year in the local property industry, which it hopes to achieve within the next five years via its Zero Deposit Programme. Founder and CEO Earnest Wong said the programme, launched in 2021, intends to assist tenants in securing residential rental or commercial property without the need to pay a hefty upfront...