Customise guidelines for home loans, please


About 8,000 to10,000 units of houses are built in Perak every year. — Photos: RONNIE CHIN/The Star

BANK Negara Malaysia has been urged to look into setting specific guidelines for home loans in every state and not use one as a blanket rule for the whole country.

Real Estate Housing Development Association (Rehda) Perak assistant secretary Loh Ban Ho said prices of properties differed in every state so there should be a customised guideline for each state, especially when it came to approving home loans.

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Property , Perak , housing loans

   

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