Buy-back scheme for housebuyers


Chong (left) and RHB Secured Assets head Anuar Amin Ayob at the scheme’s signing ceremony.

CHALLENGING economic situations and financial obligations have resulted in many Malaysians putting off home acquisition, while others had difficulty financing their purchases.

The Switch buy-back scheme – a collaboration between property developer IJM Land and RHB Bank – allows houseowners to return their properties to the developer in the event of involuntary unemployment during the coverage period, from the date of the sale and purchase agreement and up to 12 months from the date of receiving the Certificate of Completion and Compliance.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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