Malaysiakini NEWS

Penang's biggest housing woe - high loan rejection rate

Susan Loone

The Penang Housing Department's biggest challenge is still the high loan rejection rate by banks which makes it difficult for buyers to own their homes, said state executive councillor Jagdeep Singh Deo.

In his report card on his 11 years in government including one year under the Pakatan Harapan rule in Putrajaya, Jagdeep said this issue must be addressed by all stakeholders especially the state government.

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