Successful RSKu applicants were found to have abused the terms and conditions of the agreement, which clearly state that the units cannot be rented out and can be sold only after five years.
“These individuals have no qualms about renting out their units and they are openly advertising on social media, ” he said, adding that more units were being offered for rent on various property websites and online market platforms daily. “I am also concerned that with outsiders renting the units, the place will become dirty and messy with facilities breaking down faster from rough use.“Rumah Selangorku was intended to help low-income earners buy a home, it was never meant to be an investment scheme. This is wrong, ’’ he added.
Other terms and conditions state that the applicant cannot be already owning a property, and successful applicants cannot sell their unit within five years.However, the declaration they sign is not a sworn statutory declaration, but a mere guideline that does not come with punitive action. Rajiv says Parliament has to enact laws to make it clear that units cannot be rented out and state the penalty for doing so.“We are also studying if the state has such legislative powers but this does not seem likely, so Parliament has to enact such laws to make it clear that units cannot be rented out for five years or so and specify the punishment if they do it, ’’ he said.However, the waiting list registered by the Selangor Housing and Property Board currently stands at 56,782.
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