Shall i say you're lucky or unlucky because they just balloted for bukit jalil and brickfield projects.
1. Depends on the loan, if you can get full loan then no down payment.
2. Correct, should be getting keys in coming months.
3. Cannot sell or rent within 5 years.
4. Yes but depends on your current commitment.
5. It's residential area. Surrounded with houses, shop lots, school and police station.
Yup, you may go to visit that area.
QUOTE(buddho @ Jul 20 2017, 09:11 PM)
i just simply apply for trying my luck and to my surprise i was selected. just received the email invitation today.
as this is my very first house and limited knowledge, i shall do more research about how to go about it.
some quick info hope you guys can enlighten me;
1) for pr1ma house, do we need to pay downpayment? anything i need pay using cast at all?
2) i believe the project will be completed this year. so i assume i can't be paying 'interest' as its almost completed. so i won't have time to enjoy and need to fork out extra for the monthly installment.
3) any idea how can i rent out if i decided? i guess property agent can't help on that right?
4) since my name is under CTOS (already fully settled remark), easy to approve by bank?
5) any industrial area there?
i shall go there to survey this weekend too...
thanks a lot