Hi All,

Just a very quick question. Is this scheme applicable for previous 1st time buyer before they announce this scheme? I bought a house from RUMAWIP previously. I wonder if I am still applicable?

Anybody got any clue?

Thanks

no not applicable

Thats too bad. Meaning that it is only applicable for upcoming purchase for 1st time buyer..

If we want to apply this. We need to get the property 1st right before we can apply?

Maybe can still apply if not yet sign SPA

projek swasta only

RUMAHWIP is part government right

The deduction is limited to certain property purchased in a specific year only. The other alternative is the property under housing loan is rent out and the interest is deducted from the rental income. But we cannot deduct housing loan interest we occupied ourself.

has anyone heard back from them? A bit soon but would be good to know

i had apply, i dunno whether can approve or not

How is the repayment procedure gonna be like for this???

Where did you get the terms and conditions from? Mind to share?

I've just applied, how long will they take to process?

Is the information here accurate? http://www.br1m.info/mydeposit/

This post has been edited by gerrardho: Apr 11 2016, 10:27 PM

This info from br1m is correct as well.
Same doubt from me, when will we be notify either our application being approved or reject after submit the application?

free money wor..fast2 go buy...ayuman suites...lexa residence..the henge..hahaha

ya ur correct...deswai i said earlier to the other guy...if pay income tax shud know this stuff..sorry bro..too lazy to write well like u...thanks ya

That's the main confusion right now. None of the official website remotely indicate whether this "assistance" need to be repaid or not. It would be rather ridiculous for the gov to subsidy a whopping RM30k for new house buyer when the gov itself is losing it major income from Petronas, and that the amount of subsidy is way too much (but actual beneficiary is around 6,666 family/individuals only, RM200million/RM30k).

It is only in BolehLand that the gov can open such scheme for application when the terms and conditions are all very sketchy and unclear. Guess that is why this is BolehLand and forever behind the tiny island in the south. Dumb gov run by dumb politicians.

Yes exactly my thoughts. I googled like crazy but couldn't find the proper T&C for it. If it's really like BR1M like that, I'm utterly speechless. There's a fine line between "assistance" and simply "hand-outs"

Then no chance d lo..if before sign SPA. I signed it quite some time d..LOL..too bad now only they announce it.

If private project only then no choice at all. RUMAWIP is part of government coz it is JV project between DBKL and private developer. The price is controlled within 300k.

Bro, u quite active in this forum.
Got new target?

Haha cannot be what right. Only first home buyers eligible

I wish to take 100% instead, haha

sorry boss now I also confuse,

normally gov will use subsidi/bantuan for FOC money,
the rest would need to pay back,

call to the center their also donno,
just ask you fast fast apply,
very large part of the gray area,
look like BN just want fast fast give some sugar to win election in sarawak

If you're eligible, no harm in applying. Once approved and got all the T&C, then only decide to really sign the actual agreement or not. Even if need to pay back, if the interest is low or zero, then you've already gain from that.