Apr 3 2018, 02:36 PM
QUOTE(e-lite @ Apr 3 2018, 01:36 PM)
Sorry I don't agree with you. You would have to fork out 10% downpayment + service bank loan for 3 years construction period + various stamp duty/legal fees. If for Brickfields case RM300k property, you will have to fork out RM48,000 cash before you can move in to your property. With the oversupply situation, now can buy completed condo property from Developer for 0% downpayment and without moratorium and freehold land status.
you have to pay more interest for those 0% and the premium pricing they charge on a freehold 1000 sqft brand new highrise wor.... its not a win win situation... fork out more cash mainly to reduce your interest cost is not a bad thing also... usually condo closer to completion.. the SNP price already jacked up super overprice... so they can easily give u 0 down + cash back some more... all these comes with extra interest cost...
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