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Jan 16, 2018

Count the cost of buying a property

First-time homebuyers often think they are ready to sign on the dotted line when they find their savings and monthly income are enough to cover the down payment and monthly instalments of their purchase. What is often overlooked, however, are the additional costs they need to, or may want to, fork out for their new acquisition. Obviously ...

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Dec 21, 2017

Maybank Islamic's rent-to-own scheme features five developers

KUALA LUMPUR (Nov 23): Five established developers — S P Setia Bhd (SP Setia), Eco World Development Group Bhd (EcoWorld), Mah Sing Group Bhd, Gamuda Land and Sime Darby Property — are participating in Maybank Islamic Bhd's HouzKEY, the first bank-initiated rent-to-own (RTO) product in Malaysia. The unique thing about this RTO scheme ...

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Nov 29, 2017

Malaysia’s first-of-its-kind rent-to-own scheme

Forking out the 10% to 15% down payment for a home and securing a home loan often pose quite a challenge to homebuyers.                                                                                                                                           To ease hom ...

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Nov 13, 2017

Dabbling with RTO

A number of government agencies and private developers have already introduced variants of the Rent-To-Own (RTO) concept to facilitate easier home ownership. Among them are PR1MA’s RTO scheme; the Smart Sewa Programme by the Selangor state government; and Programme Sewa-Beli introduced by the Johor state government last year. The Sm ...

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