My First Home Financing Scheme Opens for Registration
New Straits Times, Photo Credit to New Straits Times
clock 15-12-2017
hit 5,964

KUALA LUMPUR: My First Home Financing Scheme (MyDeposit) will be open for online registration on Friday, 15 December until Feb 15 next year.

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Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Sadique said those interested could register via https://sprn.kpkt.gov.my.

"For next year, the government has allocated RM25 million for the implementation of MyDeposit.

"From April 7 last year until October this year, there were 6,298 applications with 1,469 approved, involving more than RM39 million" said Halimah during a question-and-answer session in Dewan Negara on Thursday, 14 December.

Halimah was responding to a question from Senator Datuk Abidullah Salleh on the MyDeposit scheme.

The scheme was launch by the government on April 6 last year and it is aimed at helping the M40 group with a monthly household income of between RM3,000 and RM10,000.

Successful recipients will receive a 10 percent down payment of the house price or a maximum of RM30,000 for properties below RM500,000.




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