SEREMBAN: Those who cannot secure bank loans for the 1Malaysia People’s Housing Scheme (PR1MA) can own the units they are staying in by paying rental for up to 30 years, under a government plan.
Prime Minister Datuk Seri Najib Tun Razak said the Rent-to-Own (RTO) scheme was designed to allow potential buyers, who could not afford these units or had been turned away by the banks due to various factors, to own PR1MA units.
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