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In line with the Government’s initiative to stimulate the domestic mortgage and housing finance market, the National Housing and Mortgage Fund Limited (NHMF) was established to partner with selected banks to execute this initiative.

These banks have subsequently selected developers to implement the mortgage and construction finance.

Government through the National Housing and Mortgage Fund is partnering GCB Securities Limited to set up an Affordable Housing Real Estate Investment Trust (REIT) to provide decent rental homes for public sector workers. The scheme will operate a rent-to-own model which will allow public sector workers to rent decent and affordable homes for 15 - 20 years after which they pay a residual value and own the property.

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