Still paying for an unfinished home in Malaysia? Here's what Budget 2027 offers affected buyers
KUALA LUMPUR, Nov. 12 -- Thousands of Malaysians who bought homes in abandoned housing projects are still waiting for answers, uncertain whether their properties will ever be completed or what they can do next.
For some, the financial burden continues, with housing loans to repay despite having no home to move into.
Budget 2027 proposes measures to ease some of these costs and encourage developers to revive abandoned housing projects.
But the assistance comes with conditions, and the government is not offering to settle buyers' outstanding housing loans.
So what help is available, and what steps can affected purchasers take?
Here's what you need to know.
What qualifies as an abandoned housing project?
A housing project may be class...
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