Both maybank and public bank approved.
Maybank rate is 4.3
Public bank 4.15 - 1st year and 4.27 following years.

i haven't decide which BANK  to choose yet..
(RUMAWIP UNIT)

Pbb will FORCED you to take the mrta, if not ready interest up 0.2%

Do u need mrta? Do you've any good insurance life coverage? If no, then take it lo.

M.card not enough tbvh.
Ya la, banker also nid to cari makan mah.
Just take whatever you're comfortable based on your personal needs and portfolio.

🙂 good one,
take splendor rumawip or private unit?

MRTA just to cover your own stay house enough.

Actually no big deal also if you are not married yet. If bad things happen to you, you cannot repay the bank then your unit will end up in lelong. And yes, your lelong unit can even earn if the price is higher than your outstanding loan amount left.

Not only PBB. All bank also the same will increase interest rate + penalty for late payment. That's why just do standing instruction will do and make sure your saving got money.

PBB currently doing promotional rate. Good profile able to get best rate 4.1% first year and 4.22% subsequent year onwards.

megha85 MRTA the minimum (to entitle for the promotional rate) i dont think is 10k premium so much. Banker is lying to you. Because I just recently took a loan with PBB with minimum MRTA.
Anyway, since this is own stay house, just cover it with MRTA. Anything happen to you, you will get FREE house to stay. no need settle the outstanding loan amount anymore. Unless it's for investment, then no need MRTA also nevermind.

my loan amount is more than 270k. a bit more. minimum MRTA 7k with PBB got the best rate 4.1% and follow by 4.22%.
Note: not this project.

Trust me. No other bank able to match such rate at the moment.

Very good meh?

My MRTA 10k for 4 times of Perang's loan.... Just that my interest is at 4,3 instead of the promotion for PBB.

Most important thing is you get the loan.

The rest are just details.

Congrats on your purchase anyways 

I just drove thru this project while I was on my way using DUKE.

The location is pretty okay for me.

Seriously need some advice.
1. My Maybank loan approved for 270K
-Single borrower
-MRTA fully Cover 270k for 35 years
-Premium MRTA RM11300
-interest 4.3%

2. Public Bank loan approved for 270K
-Joint borrower with my husband
-MRTA cover for 135K for 35 years for each of us
- Premium MRTA RM 13675
-1st year interest 4.15%
-Following year interest 4.27%

Can anyone advice which is the best. Is single borrower better than joint borrower?

assume MRTA 10k coverage 15 years for loan amount 475k (SPA amount 500k)

MRTA 10k coverage 15 years. Cost per year 667. The cost for first few years may be higher since this is reducing term.

667 per year also means extra 0.14% interest of loan amount 475k.

So total interest pay to PBB is 4.27%+0.14% = 4.41%.

if for own stay, it depends on your personal needs.
if for investment, personally I will select the lowest %. I will select Maybank.

just my suggestion.