QUOTE(CMW123 @ Feb 28 2014, 02:11 PM)
What u say is technically totally correct but the reality is whether the bank has enforced the loan based on net selling price... 
yes. no doubt BNM has announce the rules. but not all banks followed. I have consults few bankers, and the response from them is whether loan granted based on net selling price (after discount) or gross selling price (SnP price) is depend on which project. some project if the banker are aware of the discount thing, then they will based on net selling price, or they will call to sales gallery and ask whether is there any discount. of cz, some banker said they still based on gross selling price and ignore the announcement by BNM bcz no enforcement by BNM, and also banker also need commission from the mortgage they sold. so lesson to learn, if u ask agent, they mz 100% said can get loan based on SnP price. dun trust them, call ur own banker. only buy those new launch that the booking fund can be fully refund if loan failed.\
Green Residence booking RM15k, if loan fail, they will forfeit 1k and refund 14k. if u not confident to get loan, better dun book.
Feb 28 2014, 03:01 PM

Quote
0.0473sec
0.31
7 queries
GZIP Disabled