BLR -2.45%
Full Flexi with RM100 Set Up and RM10 monthly maintenance fee
CA with Cheque book.

Hi Bro Mel2 and New Klang,

You cannot change name - can request from SPS - but, subject to approval. If due to loan, I think the waiting list buyers will get it. Need strong justification.

Not all of the EPF; it is EPF account 2. Only EPF savings from account 2 can be withdrawn for house purchase - not limited to any number of house, you can withdraw as long as you have funds in EPF account 2.

The money can be withdrawn as lump sum for downpayment or monthly basis for repayment of installment- however, for repayment of installment, the funds will be credited to either your account or loan account (should you provide the number) but, that portion that is subject to monthly repayment will not enjoy dividend for the year - meaning that, if you withdrawn 20K as RM1.8K per month installment payment, the 20K will not enjoy dividend.

Better to withdraw lump sum every year end and dump the money into the loan account.
Besides, house downpayment, epf account 2 can be withdrawn for renovation, study

I think SD will enjoy better appreciation; just my thoughts though.

CCRIS would have the record of application and status:
1) Domestic (D) or Foreign (F) Banks.
2) Loan Amount
3) Facility Type
4) Status (Approved / Declined / Expired)

Accepted loans have different status, but am unsure what the status will be.
Once accepted and installment begins, they can track based on the payment trend.
The only way I know to circumvent the system should I want to purchase more than 1 prop in the same period - I will make the loan amount / SPA as same value and submit to two different banks simultaneously. It has a 50:50 chance of going through.

Dont quote me should any of you attempt this ya. But, no harm cuz banks cannot prosecute. I had a friend who was moving to OZ, definitely, ineligible for 2 loan but he did the SPA / Loan Amount the same (1 Commercial and 1 Residential) and lucky him, the loan got through and he cepat cepat sign LO - this is Credit Evaluation officer's duty to cross check.

Bro Vislai, I just realised, I didnt answer your question - it would show as accepted, but till drawdown, should not have the commitment details.


This post has been edited by darween13: Nov 18 2013, 11:15 AM

They will if your loan has been drawdow; also, all offer got expiry date. So, if only one remains - means you have accepted - so, they will be able to calculate.
The rest will be expired.

Bro, undercon or not - CCRIS will update monthly; so, if loan drawn - then it will appear, and they will know your repayment amount - they can trace it eventually. So, if i pull out 3 ccris statement and it appears there - means you have that as a committment bro.

Usually, they wont know the facility is for what, but they know all the other details - if any of you got time, you can walk in to Bank Negara in KL and get a print out of your own CCRIS - that way, you will be able to trace your committment and understand the CCRIS Statement better.

Bro LionKing, thanks for the clarification.

http://www.kwsp.gov.my/portal/documents/10..._July_2011_.pdf
Additionally, please refer to the link, withdrawal can be made should you had disposed your first house.

Bro Sam,

Yes, withdrawal is allowed, and I called to check as well; the reasons are non exhaustive, as long as the first prop hs been disposed, then, can withdraw.

In fact, you can still invest your EPF Account 1; the excess after excluding the Basic Savings amount - into Unit Trust, in Public or CWA - better dividend vs EPF annual dividend. At the very least, 12% - 15% annually.

Afternoon CY!

Teenman,

I dont know much about the Spec, but I believe, it would be 3 Phase wiring considering the electrical appliances that goes into a Semi D.

Hahaha..yeah, everyone seems to be busy.
I am tied up with work as well. But, can snake a bit.
Spec for Merrum not out yet huh?
Anyways, the Plavia tiles for kitchen and bathroom didnt mention till ceiling or half only - did you query them?
Keep us posted should you raise any question to them.

And, whats with not confirm staying there - I thought weekend home - now weekend home is kwasa is it?

Hi Bro Vislai,

1FT = 304.8mm
Hence, 1500mm = 4.92F; should be half only lo like this.
Bathroom looks full..

Please check if you could find the spec for merrum.
I am not signing SPA till early Dec. My LO not out yet. And, I am travelling next week.

Hahahaha, no problemo. Who would have the copy? My lawyer or SEH?
Whom can i request it from?

Thanks CY!

Itu Chris asking too many questions la. Dropped her an email, will see how she responds.

Yeah, Chris Chin Suk Sim i guess...