Hello all,

Do need your help on this. Was looking at a property earlier, so the sales guy did the calculation & such. Just some part i don get it.

Below is the calculation done:

RM 664,800
Size 962 sqft

1. 5% discount(RM 33,240); so the SPA price is RM 631,560

2. 7% Rebate which is RM 44,209.20
- so, my downpayment is 3% (RM 18,946.80)

3. 5% cash back when VP (from SPA price) = RM 31,578


When calculating PSF, he show as RM 664,800 - RM 33,240 - RM 44,209.20 - RM 31,578 = RM 555,772.80

Therefore RM 555,772.80 / 962 sqft = RM 577 psf

Is this correct?

He says, my actual purchase price of house is RM 555,772.80 - is this right?

Why is the 7% rebate included when calculating psf?

My 90% loan is RM 568,404 but my actual purchase is lower than my loan?

Thank you for your replies. I'm getting