Graphic Organizer (2) – Youngsters in Malaysia struggle to buy

house.

Cheryl Fatimah Zakaria Chang Kim Loong

K.T.S. Chua Withaneachi
(Single mother) (National Housebuyers
(Fresh Graduate) (Lecturer) Association( HBA)

Reason Three main criteria:

Higher Exorbitant Any single loan repayment
monthly house and Increasing
expensive should not exceed a third of
repayments apartment the borrower's income
and qualifying prices properties
for the Fluctuating All combined loan
housing loan intrerest rates from repayments should not
bank exceed half of the
borrower's income
Reduction of loan
Youngsters years The price of the house
Increasing living ideally should be three
safe to stay costs of
with their times the borrower's annual
transportation household income.
parents until and housing
they stable Youngsters
and move out struggling to pay
their own their instalment
Staying with their parents
until both the parents and
the child (borrower) have
The combined saved enough money for a
Housing price funds allow larger down payment
is more for more
compared to flexibility to
their salaries buy a house

Parents withdraw their

own EPF funds
Graphic Organizer (2) – Youngsters in Malaysia struggle to buy
house.

Shamsuddin Bardan
(Malaysian Employers Bank Negara Malaysia
Federation (MEF)
executive director)

To earn higher salaries so Property loans are capped

that the downpayment
and monthly payments
become more affordable.
at 35 years while personal
loans are limited to 10
years to help reduce
household debt in the
country.

Take time to commit a

long term financial Tackle household debt will also
obligation. be extended to all financial
institutions

Limited impact on the

property market