Hehe I didn't

Can you elaborate further on the following statement? Thx

The same value already in my pocket no matter interest rate up or down in future. 

One by one is moving out.

What I meant was I already received the cash rebate 7% n the money already in my pocket and It is the same amount now in my pocket.

The 7% rebate is meant to be compensation for the interest payable on the loan without dibs

If BLR goes up, the interest payable will increase n with the rebate being fixed, the value of the compensation drop

True, in this case choosing dibs might have been a better choice.

Lets conclude 3.5 years later see whether your interest paid is more than the 7% rebate....? :-)

i would say it's highly unlikely.....almost impossible that interest paid is more than 7%, especially for me unit on the 21st floor.... lowest floors maybe.....

I am taking dibs as my unit is at 6th floor, just to sleep well.
In fact, how many more forumers are taking dibs?

not to forget the interest paid during this 4 years is in stages, whereas, the 7% save can generate at least 3.5% FD interest during this 4 years.
If you are lucky & wise enough, you may get at least 25% annual return from the share market by using this 7% money

the 7% non dibs savings needs to be paid back for gst bor?
for soho buyers lah.

hmmmm, a daikor already shared info that he written to related government department asking about whether soho under schedule H is subjected to GST and the reply he got was positive..... so no GST involved for our soho units!!!!yeay

Cool

but gst guideline clearly says soho is kena gst wor.
unless waiver obtained liao?
anyway, before 1st april 2015, anything is still possible.
good luck!

as long as you are buying by your name, and you are not registrering as a GST tax payer, you no need to charge your purchaser / tenant GST 6%, unless you are using a company to purchase a unit, and your company annual turnover is more than RM 500,000.00, you are compulsory to be GST tax payer, then charging 6% to your new purchaser/tenant is a must.
Luckily I buy by using individual name.

but that daikor states that soho under Schedule G or H is considered to be residential.... so, we'll just wait and see.

in the talk i attended, the speaker cautioned that the tenant might actually prefer to be charged 6% gst in future because the tenant is able to claim input tax. this is in comparison to landlords who doesn't.

not me say.
Custom say punya:
http://gst.customs.gov.my/en/rg/SiteAssets...0Jan%202014.pdf

item 7.

"Confirmed that SOHO for residential used (under Housing Development Act) exempt from GST. Royal Malaysia Custom officer replied my email." quote from a fellow forumer. he even attached the letter to it, but sorry i do not know how to upload photos...

kochin gor, this was extracted from your link.....
"If a residential building is built on the commercial land title, it will
be treated as residential and such transaction is exempted from GST. However, if the residential building has been used for commercial purposes, GST is charged on the sale of this building."
pls correct me if i'm wrong, but my comments are a bit biased la, i personally hope that the soho i bought is not subject to GST.

this para if i intepret it correctly is meant for serviced apartment built on commercial titled land.
as it explicitly mentioned SOHO is treated otherwise, so ....

btw, am not vested. speaking on neutral ground.
i know soho owners won't like it but i think still got leeway to appeal lah.
best is get rehda to appeal through moh lor since moh recognise it under hda liao mah.
how can custom overrule moh, right?