Thank you for your reply.

However, I didn't pay a single cent for downpayment as it's 100% financing for PR1MA. Secondly, the SPA, legal fees and stamp duty have all been priced in the RM 270k by MCT.

SO will I still get to withdraw from my EPF Account 2 Sir / Madam?

Cyberia man.

To be honest I was put off by 3 bad things on this project:

1) It's way too small at 850 sq ft

2) It's way too highly populated, upon completion pr1ma will have about 2,000 units, the other private arm will have 2.000++ units... so altogether will have more than 4,000 units, whcih to me is just CRAZYYYYYYYYY!!!!!!!!!

3) The price is really expensive man. At RM 280k, this is not significantly below market price. With very soft property market, I think at best MCT can only sell 50% of the units, while another 50% will be overhanged units and remain unsold

Thank you

Yes I'm not shy to say that I'm from low-income group. But I really thought PR1MA would be significantly below market price.

But with that high concentration ratio, very small unit and location wise in Cyberjaya not in KL, I don't think RM 280k is significantly below market price.

No offense, but if you think that the PRIMA price can be lower I don't know what to say. If you put hope on that, its like 1% only. Even if maybe they did have unsold units, the demand is still there. If you're backing off, there will be other people wants to replace you.

I on the other hand have been waiting for this unit, I'm positive it's not going to be the same as cyberia(I've stayed there before). At least for the first 5 years lol. I believe that PRIMA will be more of family type people, middle income. But still I don't deny your point which is it's high density. Well if you think for own stay, it's a good neighbourhood. The Lake Point residence is also a high end condo also so it will be mixed of peoples.

If you opt for investing, maybe it's not a so good idea. You can't rent it on early stage, if you do get caught there will be consequences. If you want to flip, the market value also won't increase much also over the years. (That's just my opinion, im no expert)

My purpose of buying is for own stay, since my work mainly around Cyberjaya. Good thing now I've already booked a corner unit there, and now my loan has been approved by BSN and maybank. Still have 2 weeks to consider which loan should I go for. Anyone is expert on home loan do give me some tips and considerations. 

Hi leahcim,

I'm one of the earliest person to book the unit. 1st batch. I did bugged the sa until they give me the earliest session hehe.
My unit is at A1 second floor corner unit, facing the SJKC union.

For the loan that I got, it's 100% + insurance. No lock in period.
BSN 4.95% interest - youth housing scheme. Will get rm200 govt subsidy for 2 years
MBB 4.55% interest - 1st house scheme.

Now im more towards the MBB since it's lower installment. But a friend also said just take the BSN first, then refinance after the subsidy is gone. (at least 5 years i think). Still indecisive

Btw what is disbarment fee? Can enlighten me? Or u mean disbursement

Hi guys, what do you think about the density of the project?  That's my main concern. Does anyone have any experience living in that kind of density? Thanks

haha...u always like to talk down other project, bcos u bought one of the project in CBJ ?

I remembered previously u said keep all the PH in MBTL to save your SEG...