Selangor: The Selangor Housing and Property Board (LPHS) plans to acquire 3,000 additional residential units for its Smart Rental Scheme by 2027, said Menteri Besar Datuk Seri Amirudin Shari. He stated that LPHS had so far acquired 1,199 residential units under the scheme, benefiting people of various races and religions since the program was launched eight years ago.

According to BERNAMA News Agency, Amirudin explained that this expansion will be implemented through the direct purchase of units from developers or via the construction of special e-Khas homes known as Idaman and Harapan. He provided these details in response to a question from R. Rajiv (PH-Bukit Gasing) on the latest developments in the Smart Rental Scheme during the Selangor State Legislative Assembly sitting.

Since the scheme was introduced, Amirudin reported, 1,361 families in Selangor have benefited from the initiative. He also mentioned that the state government allocates funds annually to increase the number of Smart Rental Scheme units to meet demand.

Furthermore, Amirudin noted that overall, 239 Smart Rental Scheme participants had reached the five-year maximum contract period. Of those, 68 participants had ended their tenancy and moved out due to factors such as buying their own homes, moving to a new workplace, and reaching the maximum tenancy period.

He further stated that the remaining 171 participants have extended their tenancy by up to two more years, covering the sixth and seventh years. This additional tenancy period is permitted under certain conditions to provide tenants who are not yet able to purchase their own homes with another opportunity.

The Smart Rental Scheme offers low- and middle-income earners who have not yet had the chance to own a Rumah Selangorku the opportunity to purchase their own homes.