If not mistaken up to 4.8% means the interest rate. No matter how long the period it is.

If BLR continue to increase , and effective interest rate are higher than 4.8%, buyer would have to pay the excess

Yes, have double confirmed with my project head, normally they will state clearly, absorb up to how many % interest based on how many % of financing margin.

If u loan more than stated financing margin, example contract state 80%, u loan 90%, u would need to pay interest of.4.8% based on the.excess 10%.

I'm not working for PJD, we are the marketing company for their projects. Project head is the person liaise with PJD side.

As for which project has.such setting, one good example would be D'Majestic by PJD, in SPA will clearly state DIBS 4.8% based on 80% loan margin.

Example, the unit of 1,000,000 , they will only subsidize 1,000,000 x 80% x 4.8% of interest at max per year. Any excess will deem payable by the buyer.

This post has been edited by propinvest: Nov 5 2013, 06:11 PM

Now u know the reason behind free legal and SPA. Hahaha

Meaning subsidise up to 4.8% interest. anything more you would have to bear yourself.