Making lives better: The K-Park rent-to-own low-cost housing project off Jalan Kuala Jalan Baru, Balik Pulau, Penang.
BALIK PULAU: The Penang government is introducing the first low-cost rent-to-own (RTO) housing units on the island to those who cannot afford their own homes.
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the scheme located off Jalan Kuala Jalan Baru here was meant for those who could not afford to even buy low-cost units due to high loan rejection rate.
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