Zuraida: September launch for rent-to-own housing scheme | Malay Mail

Housing and Local Government Minister Zuraida Kamaruddin said July 24, 2019 the ministry and banks are in the final process of introducing the scheme to Malaysians, especially to those earning below RM3,000. — Picture by Farhan Najib

“The buyers don’t have to pay a deposit, but can rent a unit first and after five years, we will review their financial status on whether they are eligible to buy the house. In view of this, she said flexibility will be given to individuals blacklisted in the Central Credit Reference Information System , including National Higher Education Fund Corporation borrowers so that they can purchase their first property.

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Zuraida: Banks have final say on housing loans for PTPTN borrowersThis is despite gov't move to exempt borrowers named in CCRIS from being blacklisted, says minister. Bank tell you, nothing to say. Not leading...Period ! Ptptn x dpt bayar.. Then how they going pay housing loan? I've been paying back my study loan since my graduation in 2012, 5 more years to go! Why so difficult? No money then can go overseas every year? What's da fcuking mentality behind?
Source: malaysiakini - 🏆 20. / 51 Read more »