Residential market may see single-digit rise in transaction volume and value
Henry Butcher Malaysia expects the residential property market in Kuala Lumpur and Selangor
The National Higher Education Fund Corporation
(PTPTN) will hold discussions with the automotive industry, commercial banks
and housing developers to help PTPTN debtors from being black-listed by the
Central Credit Reference Information System (CCRIS).
PTPTN chairperson Shamsul Anuar
Nasarah said the discussions, which would be held soon, was necessary to help
PTPTN debtors in taking (car and housing) loans.
"Our debtors may find their names in the CCRIS list, for
various reasons, not only caused on unpaid PTPTN loans. Some may have their
names in the CCRIS list earlier.
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"That is why their loan applications were not approved…
because they have exceeded their capability to make repayment," Shamsul
told a media conference after a Hari Raya Aidilfitri gathering at Dataran
Tampan, in Lenggong, Perak, yesterday.
Recently, several car manufacturers claimed their sales dropped
because the would-be buyers could not obtain loans as they were black-listed in
CCRIS for failure to repay their PTPTN loans.
