‘Keep RTO scheme for buyers of cheaper homes’


THOSE who are able to afford RM500,000 houses should not be given aid from the Rent-To-Own (RTO) financing scheme, said state housing and local government committee chairman Jagdeep Singh Deo.

He said although the state welcomed the RM10bil allocation under the RTO scheme announced in Budget 2020, he did not agree with the eligibility conditions set under the scheme.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

property , Rent-To-Own

   

Next In Metro News

Vacant MBSJ councillor spot reserved for BN now filled by PKR
Sibu council mulling ban of plastic bags at markets and malls
‘Hold unity programmes at schools’
Balancing bark and bite when it comes to stray dogs
Seeing beyond the black and white
Hundreds donate blood at Thai envoy’s premises
Kelantan Prisons Department trains inmates in rubber tapping
‘Address environmental issues in august House’
Assessment hike capped at 25% for unaltered properties in Ampang Jaya
Setiawangsa eateries face the music for blocking common areas

Others Also Read