Friday, September 16, 2016

M’sia Developers Can Lend to Buyers

16 September 2016

Malaysia is reviewing a move to allow property developers to lend to buyers, after concerns that it may cause a subprime mortgage crisis in a country that already has one of Asia’s highest household debt burdens. Home buyers will have an option to borrow from builders and it can be charged interest rates of up to 18 percent.

Source:
http://www.khmertimeskh.com/news/29823/m---sia-developers-can-lend-to-buyers/

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