Penang govt helps more people to own homes through RTO scheme

Sdr Jagdeep Singh Deo:

Spot check on low cost scheme proposed to be converted to rent to own scheme at Balik Pulau.

Following my suggestion at the last state assembly sitting that we extend rent to own schemes to other housing schemes in Penang, I conducted a spot check on a suggested site whereby low cost units are being built to monitor its progress.

Happy to note that it is at 70% progress and is due to be completed in the first quarter of 2020.

I also urge the Federal Government to address the issue of high loan rejection by banks in particular to first time home buyers of low cost, low medium cost and affordable housing as this poses a challenge towards accessibility to such units by this category.

In the mean time, we will continue to identify suitable housing schemes to be disbursed to eligible applicants by way of rent to own.

Pemeriksaan mengejut di skim kos rendah yang dicadangkan untuk ditukar kepada skim sewa beli di Balik Pulau.

Menurut cadangan saya di sidang Dewan Undangan Negeri yang lepas bahawa skim sewa beli diperluaskan ke skim perumahan lain di Pulau Pinang, saya mengadakan pemeriksaan mengejut di tempat cadangan di skim kos rendah yang sedang dibina.

Gembira dimaklumkan bahawa ia adalah pada 70% kemajuan dan akan disiapkan pada suku pertama 2020.

Saya juga menggesa Kerajaan Persekutuan menangani isu kadar penolakan pinjaman yang tinggi oleh bank terutamanya bagi pihak pembeli rumah pertama kos rendah, kos sederhana rendah dan rumah mampu milik kerana ini merupakan cabaran bagi kategori tersebut untuk memperolehi unit sedemikian.

Pada masa yang sama, kami akan terus mengenal pasti skim perumahan yang sesuai untuk dibekalkan kepada pemohon yang layak dengan kaedah sewa beli.

在浮罗山背现场突查将转换成先租后买住房的低成本住房。

根据我在上次州议会的建议,我们将先租后买计划延伸到槟城的其他住房计划,我对建议地点进行了突查,以监测其进度。

很高兴看到它已完成70%,并将于2020年第一季度完成。

我还敦促联邦政府解决银行贷款被拒绝的问题,特别是首次购低成本,低中等成本和可负担房屋的购买者,因为这是他们获得这类单位的一大挑战。

与此同时,我们会继续找寻合适的房屋计划,以先租后买方式提供给符合资格的申请人。

Link to the video on Sdr Jagdeep’s Facebook page: https://www.facebook.com/jsdeo/videos/349759555684517/


The Penang government is encouraging more people to own homes through its rent-to-own (RTO) scheme.

State Local Government, Housing, Town and Country Planning Committee chairman Sdr Jagdeep Singh Deo said the state was happy to introduce the RTO scheme to those who could not afford to even buy low-cost homes, due to the high loan rejection rate by banks.

“The RTO scheme is unlike renting the People’s Housing Project (PPR). The RTO scheme allows the tenants to become owners after renting for a period of time.

“We have applied the RTO scheme on two projects in south Seberang Perai – Taman Seruling Emas and Taman Sungai Duri Permai,” he commented.

Full news at Buletin Mutiara:


继威省推出“先租后售”廉价组屋计划后,槟州房屋委员会主席佳日星同志今日捎来好消息,并宣布槟岛浮罗山背新路头港口即将在明年第一个季度迎来第一个“先租后售”廉价组屋计划。

他说,K花园廉价组屋计划是宏升集团的项目之一,这项房屋共有四栋16楼的建筑,总共1175个单位,其中两栋(588个单位)将作为先租后售的计划,售价为4万2000令吉,目前工程进度已完成70%。

详闻在珍珠快讯: https://is.gd/bzjnj0