Crowdfunding platform to cater for some homebuyers


Prime Minister Tun Dr Mahathir Mohamad has said earlier that the FundMyHome scheme, touted the first of its kind in the world, will help the government to deliver its promise to build one million houses in 10 years.

PETALING JAYA: Peer-to-peer crowdfunding platform FundMyHome was designed to cater for only some potential homebuyers and not all, according to its operator EdgeProp Sdn Bhd.

The operator said the scheme only suits individuals who do not have access to a bank mortgage, are willing to share their capital gains and are wanting to mitigate potential loss.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , FMH , FundMyHome scheme , property , houses , Mahathir ,

   

Next In Business News

Bandar Malaysia's theme park project cancelled
Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB
Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win
MKHOP’s plantation land deals in the pipeline
Google offers to loosen search agreements
Tether sees US$10bil in net profits for 2024
Qualcomm wins key chips trial against Arm
Higher gold prices expected to boost Malaysia’s exports
Painting a brighter future

Others Also Read