Prima ‘rent-to-own’ housing scheme to be launched in June

KUALA LUMPUR: The rent-to-own (RTO) housing scheme as announced under Budget 2021 involving PR1MA homes nationwide is expected to be launched this June. Housing and Local Government Minister (KPKT) Datuk Zuraida Kamaruddin said the ministry is in the midst of discussions and refining on the housing scheme mechanism with banking institutions. “The RTO has yet […]

Stamp duty exemption, RM1bln for rent-to-own scheme

KUALA LUMPUR: The government will be implementing several initiatives to help increase home ownership and provide comfortable and quality housing. Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz said to encourage home ownership, the government will implement several initiatives including a full stamp duty exemption on instruments of transfer and loan agreements for the purchase […]