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> Maybank Islamic launches first rent-to-own scheme News

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Stigonboard
post Nov 23 2017, 08:22 PM

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QUOTE(kcchong2000 @ Nov 23 2017, 08:18 PM)
Lolz. Macam it can help the one who rent. This scheme smell like Ponzi that lock u for 5 years similar like Telco lock u for 2 years plan. Only owner and developer untung.
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For me quite good

They have lockin price mechanism

Means in 5 years they will get the same price to buy...

Usually if you rent outside like normal for 5 years when you want to buy your targeted house it is already out of reach already
Stigonboard
post Nov 23 2017, 08:28 PM

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Junior Member
335 posts

Joined: Aug 2014
QUOTE(kcchong2000 @ Nov 23 2017, 08:26 PM)
Curious on the mechanism of the lock in rate. Sound too good to be true. Need to wait for more details.

First thing I learn that bank will never ever do stupid financing plan. Too many hidden features which need to check properly.
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Yeah hopefully anyone can share here

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