RTO

Affordable Housing Taskforce Is Needed, HBA

The authorities should establish a taskforce on affordable housing, according to Chang Kim Loong, Secretary-General of the National House Buyers Association (HBA). In a report by The Sun Daily, he said the role of this group is to gather data and create a database of low-cost homes that has been planned, completed, and those under construction. It is also responsible compiling statistics on available excess units. “The taskforce, comprising intelligent people, can also think of solutions on how to implement a rent-to-own (RTO) scheme for the middle income segment to assist them to own their dream homes,” said Chang. This body should comprise banks, the Employees Provident Fund (EPF), federal government ministries, state economic agencies and government-linked companies involved in property...Read More