Rent-to-own scheme to help Johoreans

Ayub Jamil showing a ballot at the Johor Affordable Houses open draw event. Looking on is Johor deputy state secretary (projects and people’s well-being monitoring) Tunku Zahrah Tunku Osman.

JOHOR BARU: The Johor government hopes to help more people own homes and address the slow property market by introducing a rent-to-own scheme that covers properties costing RM300,000 and above.

Johor housing and local government committee chairman Ayub Jamil said talks were ongoing with two banks and the state hoped to finalise the scheme by this year, at the earliest.

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