BY: NORHAYATI UMOR
SHAH ALAM, AUG 2: The Selangor Housing and Property Board (LPHS) have applied to Bank Negara Malaysia (BNM) to ease the conditions set for housing loan borrowers in the state who have been blacklisted.
Housing, Building Management and Urban Settlement Exco Dato’ Iskandar Abdul Samad said that more than half of the state’s housing loan applicants have been rejected due to being blacklisted by the National Higher Education Fund Corporation (PTPTN).
He added, this has caused issues to those wanting to buy houses, particularly under the Rumah Selangorku programme, the affordable state housing project.
“If in one project, 60% of buyers’ loan applications are rejected, half of that 60% are applicants would be those who have been blacklisted by PTPTN.
“In our standing committee meeting, we want to propose that details of those who are blacklisted are not entered into the Central Credit Reference Information System (CCRIS),” he said.
He said that in response to a question from Dr Xavier Jayakumar (KEADILAN-Andalas) who had wanted to know if the state had discussed with BNM regarding the rejected loan application issue.
At the same time, Iskandar said that during the State Government Assembly Meeting, he will propose action to be taken against Rumah Selangorku developers who refuse to proceed with construction although approvals have been granted.
He added that there are 14 approved Rumah Selangorku projects, consisting of 20,008 housing units, of which only one project has been completed; 11 projects are still work-in-progress and two more projects have yet to be developed.
