Minister of Housing and Local Government Zuraida Kamaruddin in a press conference after the Hi Home Property Conference 2019 at the Royal Lake Club, Perdana Lake in Kuala Lumpur. PIX: NOOREEZA HASHIM / MalaysiaGazette / 10 JULY 2019 PTPTN defaulters first time home buyers CCRIS blacklist
Minister of Housing and Local Government Zuraida Kamaruddin in a press conference after the Hi Home Property Conference 2019 at the Royal Lake Club, Perdana Lake in Kuala Lumpur. PIX: NOOREEZA HASHIM / MalaysiaGazette / 10 JULY 2019

By Nizam Zain

KUALA LUMPUR – The names of the borrowers of the National Higher Education Fund (PTPTN) for first time home buyers will be taken out from the Central Credit Reference Information (CCRIS) blacklist to enable them to buy house.

The Minister of Housing and Local Government Zuraida Kamaruddin said, the implementation could be enforce after the Youth Housing Scheme is enforced this October.

“Graduates or first time home buyers with CCRIS blacklist may be exempted from the blacklist for the purchase of their first home.

“They will be exempted from the blacklist by CCRIS for home purchase only. They cannot buy cars, but they can buy house.

“We will have a launch with YB Syed Saddiq on 18 October,” she told the journalists after the press conference of Hi Home at the Royal Lake Club in Kuala Lumpur today.

In the press conference, Zuraida said that the government is ready to assist the first time home buyers, especially the borrowers of PTPTN and graduates who are facing difficulties in buying house after being blacklisted by CCRIS.

Zuraida also said that she has discussed the matter with the Chairman of PTPTN Wan Saiful Wan Jan last month before bringing the proposal to Bank Negara Malaysia (BNM).

“I have spoken and it was approved by the Bank Negara. I need to go to PTPTN. I have contacted him (Wan Saiful) last month.

“It is done. I has been executed. For my ministry, the exemption (blacklist) is for the purchase of all types of houses,” she added. -MalaysiaGazette

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