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Many young Malaysians can't afford PPR flats

  • Many young Malaysians are unable to afford even PPR flats because they have been blacklisted by CTOS for defaulting on credit cards.

KUALA LUMPUR, Nov 13 (MySinchew) -- Deputy finance minister Datuk Othman Aziz said many young Malaysians were unable to afford even PPR (People's Housing Program) flats because they had been blacklisted by CTOS for defaulting on credit cards.

He said it was alarming that more and more young people below the age of 30 were declared bankrupt for defaulting on credit cards.

 

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