2 MIN READHome Ownership Campaign | Is it worth it in 2020?

With the introduction of the Home Ownership Campaign (HOC) that will continue until 2021, have you ever stopped and pondered if this project is the answer you have been looking for the house of your dreams? 

With a pandemic causing turbulence everywhere, funds have become tight. Yet buying a house you can call home has become a necessity of a happy life. 

So, are you making the right choice based on your needs and preferences? 


First of all, a refresher course on what is the Home Ownership Campaign (HOC)?

Home Ownership Campaign Scheme was designed by the Real Estate and Housing Developers’ Association Malaysia as a savings programme for homebuyers across Malaysia and encouraging the sales of unsold properties in Malaysia’s housing market.

It was re-introduced in 2020 to support businesses and strengthen the nation’s economy, as announced by the Prime Minister while introducing the Short-Term Economic Recovery Plan (PENJANA).

 

Now you know the topic, how are the numbers?

Calculations for Home Ownership Campaign 2020

So hypothetically, by saving up almost RM17,000 in your budget through the Home Ownership Campaign, you have plenty more to either upgrade your car, start a trust fund for your children or plan a trip once travelling is back to normal?


Read more about homeownership?

8 questions a first time home buyer may have for buying a house in 2020

B40 and M40: 4 government housing schemes that are available for you


But is it worth the hype of purchasing a Home Ownership Campaign (HOC) scheme?

Benefit & Drawbacks for Home Ownership Campaign?

With a growing desire for homeownership amongst Malaysians, particularly in popular urban areas such as Shah Alam and Subang Jaya, the Home Ownership Campaign 2020 projects are a great start when planning for new beginnings. 

Don’t let the current events dampen your future! 

If you are the market for one, why not drop a contact and one of our esteemed real estate agents will get in touch and help you along the way!

  • This field is for validation purposes and should be left unchanged.

Related posts

Juwai IQI reports it has become profitable as of July

Aliaa

ADAPT 2020 | Supercharged towards new era of technological innovation

Aliaa

Chinese property buyers sharpen focus on Portugal and Singapore

Aliaa