Household 2 1/2 Storey Bungalow construcion cost, How much will it cost for 25 x 47 house?
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 Aug 14 2009, 10:58 AM
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#1
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Junior Member
89 posts Joined: Jun 2008  
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very noob question
 1. can we buy the land using bank loan, and then refinance/mortgage it to build the house on the land? 2. or we take loan from bank with the land cost plus with the house cost? based on market value of the bungalow surrounding the land is it possible? huhuhu |
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Aug 20 2009, 04:39 PM
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#2
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89 posts Joined: Jun 2008
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QUOTE(lainux @ Aug 14 2009, 10:06 PM) I believe you can finance the loan for the land & building cost together. You can tell your bank how much you need, and you must build it in certain time frame, usually within 2-3 years. However, your margin might be low, around 80%. Call your bank. waaa... can do that meh?? ok.. wil try ask the bank  tq bro Added on August 20, 2009, 4:42 pm QUOTE(vex @ Aug 16 2009, 08:13 PM) but i see the juru height bangalo, the seperate the cost for me to see, the land is 167K ++, and the house cost is just 350K ... of coz lor, if buy more raw material at large quantity, of coz got cheaper pricebut they are mass production 1, so the price maybe different. then developer can sell cheap to buyer but the developer always play around that margin to maximize their profit lor  This post has been edited by nextstream: Aug 20 2009, 04:42 PM |
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