PPR tenants offered rent-to-own deal

KUALA LUMPUR: People's Housing Project (PPR) tenants will have a chance to own the units through a rent-to-own scheme.
However, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar, the government would first carry out a whitening process to ensure that the units were really occupied by the original tenants and not being rented out.
He said the rent-to-own offer would be made to the tenants without any deposit.
"If the tenant has a good record of payment, the amount paid will be taken into account," he said at the Ministerial Question Time session today.
Noh was responding to a supplementary question from Anuar Abd Manap (BN-Sekijang) on the mechanism in granting ownership to PPR tenants.
Earlier, Noh said as at December 2017, the government had built 84,490 units of PPR units nationwide, involving 122 projects.
He said the government offered a rental rate of RM124 per month while the selling price per unit was RM35,000 for Peninsular Malaysia and RM42,000 for Sabah and Sarawak.
He explained that there were two categories of PPR. In the first category, the construction cost of the PPR is borne by the federal government but the site (land) is provided by the state government. In the second category, the construction cost and land are provided by the federal government.
"So for the federal PPR, we will grant ownership rights to existing tenants.
"As for PPR on state government land, the matter will be discussed with the state government on giving permanent ownership to the tenants," he said in response to Anuar's initial question on the government's plan to grant permanent ownership to PPR tenants. — Bernama