Weekly Industry News

Rent-to-own way to reset affordable homes issue

Weekly Industry News

The concept of affordable housing in Malaysia needs a complete reset, with “rent-to-own” (RTO) schemes being an effective to way improve the lives of the lowest income group (B40) nationwide, property expert believe.

Alpha REIT Managers chairman Datuk Stewart LaBrooy said the reset was needed as the term “affordable housing” in Malaysia was an oxymoron. “It doesn’t exist,” he said. “How do you sell a house to a person who does not have money?

Media Title: The Star

Date: 17 Sep 2020

Photo Credit

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.