Juwai IQI expects to see first-time house buyers increase their share of the market by up to five percentage points - highest market share on record - under Malaysia's Budget 2021, reports Bernama (9 November 2020). Group chief executive officer of Juwai IQI, Kashif Ansari, said the higher homeownership rate will lead to greater financial security for young families in the decade to come. He also said the property industry is looking forward to the government's new plan for the Malaysia My Second Home scheme. "We hope the government will relaunch the programme to make the approval process faster and more attractive for foreign property buyers who hope to make Malaysia their second home," said Ansari.