KUALA LUMPUR: Civil servants can expect increased allocation and higher eligibility limits in housing loans next year. “We can expect increased allocation and higher eligibility limits for civil servants as part of the government's thrust to tackle the housing affordability issue. Najib on Twitter hinted at new initiatives in the upcoming 2018 Budget, following increased housing loan eligibility and allocation for civil servant under 2017 Budget. The 2018 budget would be announced next week on Oct 27. In the same tweet, Najib posted a Budget 2017 infographic which stated the government had increased the housing loan eligibility from RM120,000 to RM200,000, with maximum loan increased from RM600,000 to RM750,000.
Source: New Strait Times October 19, 2017 13:07 UTC