KUALA LUMPUR, Oct 13 — A total of 90,779 housing loan applications worth RM21.5 billion have been approved under the Housing Credit Guarantee Scheme (SJKP) to support home ownership among the B40 and M40 income groups, the Dewan Rakyat was told today.
Housing and Local Government Deputy Minister Datuk Aiman Athirah Sabu said that of the total approved applications, a significant 89.56 per cent involved young Malaysians aged 40 and below.
“This includes around 15,000 borrowers aged between 18 and 25; about 31,000 borrowers aged 26 to 30; a total of 22,356 borrowers aged 31 to 35; and 12,799 borrowers aged 36 to 40,” she said.
Athirah was responding to Shah Alam MP Azli Yusof's query on the government's initiatives to help individuals without fixed income, such as gig workers, to own homes.
She added that under the recently tabled Budget 2026, Prime Minister Datuk Seri Anwar Ibrahim had announced the SJKP scheme's expansion with an additional RM20 billion in guarantees.
“This is good news for the people, especially once the budget receives Parliamentary approval,” Athirah said.
When tabling the budget on Friday (October 10), Anwar announced that SJKP would be expanded to offer guarantees for another 80,000 first-time homebuyers.
The overall guarantee ceiling will be raised from RM10 billion to RM20 billion, a move expected to benefit more gig workers and self-employed individuals.
Separately, Athirah said the government is also implementing several other initiatives to assist low-income earners in owning homes, including rent-to-own schemes under the People's Housing Project (PPR) and the People's Residency Programme (PRR), both overseen by the Housing and Local Government Ministry.
