Penang govt lauds RTO housing scheme proposed in Budget 2021

The Penang government has expressed its appreciation to the federal government for introducing the rent-to-own (RTO) scheme for housing units during the Budget 2021 announcement.

In welcoming the move, State Housing, Local Government and Town and Country Planning Committee chairperson Jagdeep Singh Deo today said that Penang had introduced the RTO scheme in 2014 to enable more people to own their first home...