U need to be realistic. No money = dont buy

Hey dude.. ur background is almost same as mine and my other frens' lar
I also hope to own my property soon, but buying a house without being able to afford the pre-requisite (downpayment) is really impractical.

100% loan for buying houses below RM220K, to me isnt a good idea as well. Because it means you end up paying more to serve the interest


Anyway, if and only if you are sure that you can afford the installment that comes after, you can look for new launch development which discounts are given (now I see this strategy being practised by quite some developers). Some even give 10% discount which means no downpayment needs to be paid, you might only need to pay the legal fees.

See the examples:

http://forum.lowyat.net/topic/1459517 <- Pacific Plance @ Ara Damansara
http://forum.lowyat.net/topic/1604230 <- The Sanderson @ Taman Bukit Serdang
http://forum.lowyat.net/topic/1610198 <- USJ One Park, Subang

dello: the answer to ur q is simple: (1) if u do not hv enuf money for 10% downpayment yet, and (2) if u r willing to pay extra $ to serve the interest, then take up 100% loan la.

But normally if u r financially ok u might wan to reduce the loan % as much as possible to avoid 'donating' too much to the bank. Tats my 2cent