PPR tenants offered RTO scheme

KUALA LUMPUR (March 6): People's Housing Project (PPR) tenants will be able to buy their units through a rent-to-own (RTO) scheme, according to a Bernama report.

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Maybank Islamic's rent-to-own scheme features five developers

KUALA LUMPUR (Nov 23): Five established developers — S P Setia Bhd (SP Setia), Eco World Development Group Bhd (EcoWorld), Mah Sing Group Bhd, Gamuda Land and Sime Darby Property — are participating in Maybank Islamic Bhd's HouzKEY, the first bank-initiated rent-to-own (RTO) product in Malaysia.

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100% stamp duty exemption on SPA for bank-initiated RTO schemes

KUALA LUMPUR (Nov 23): To encourage more financial institutions to offer rent-to-own (RTO) as an alternative home financing solution, the government will grant a 100% stamp duty exemption on the sale and purchase agreements (SPA) to homebuyers who attain homeownership under these schemes.

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