Govt mulling rent-then-own scheme for B40 youth in KL

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FT Minister Annuar Musa says young adults in the B40 category can rent units from the government with part of the rental money serving as a deposit for affordable homes later on. FMTNews B40

Federal Territories Minister Annuar Musa says a proposal is in the works where more than 1,000 units of houses around the city centre will be rented out while tenants wait for affordable housing.

He said under the proposal, more than 1,000 units of houses around the city centre would be rented out for between RM800 and RM850 a month while the tenants wait for affordable houses to be built. “After the affordable houses are completed, they can buy the new houses. The rent they paid over the years can be used as a rebate or deposit for the new house,” Annuar said in a Facebook live video today.Annuar also said the ministry was planning to build cafeterias and food stalls near train stations for young adults to venture into businesses.

“We previously arranged jobs for the homeless after we picked them up during the MCO period and now they are offered jobs at various places.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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