Rent-to-own financing scheme to be introduced

PETALING JAYA (Oct 11): The government has announced the introduction of a Rent-to-own (RTO) financing scheme to help prospective first-time homebuyers who are unable to afford the initial 10% deposit or the financing for the purchase of a home under RTO schemes.

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983 rent-to-own scheme homes by 2020

  KUALA LUMPUR (March 26): Selangor state Housing and Urban Living Committee chairperson Haniza Mohamed Talha told the state assembly that 983 units of 'Smart Rental Scheme' houses were being implemented throughout Selangor so far.

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Govt should promote rent-to-own concept to boost homeownership

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

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