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 MyDeposit - Thoughts?, Home Deposit scheme

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ClaraAnnabelle
post May 24 2016, 02:24 PM

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QUOTE(oxm8 @ May 23 2016, 07:11 PM)
How do they select the successful applicants?
Lowest buying price & lowest salary? lol
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Not first come first serve? Thought is by batches blink.gif

Hope some one who success get the fund can share in here rclxms.gif
ms749
post May 24 2016, 04:24 PM

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QUOTE(ClaraAnnabelle @ May 24 2016, 02:24 PM)
Not first come first serve? Thought is by batches  blink.gif

Hope some one who success get the fund can share in here  rclxms.gif
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Still haven't personally heard of anyone successfully getting the scheme. hmm.gif hmm.gif
physz.86
post May 24 2016, 05:28 PM

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1st they said result will be announced by end of apr

14 may they said result for 1st batch will be announced on next week (16 may)

17 may only 100 succesful applicants out of 3500 total applicants

In FAQ they said process will takes 2 months. See la if after 2 months also no result... We all memang kena tipu by them.
q_silverflame
post May 25 2016, 05:02 PM

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http://www.bernama.com/bernama/v8/bm/ge/ne....php?id=1245624

can you believe it? only 3609 complete the application form.
and who actually get approval? they said the result will be publish 1 week from the news, which mean on 21st May
ClaraAnnabelle
post May 26 2016, 09:39 AM

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QUOTE(q_silverflame @ May 25 2016, 05:02 PM)
http://www.bernama.com/bernama/v8/bm/ge/ne....php?id=1245624

can you believe it? only 3609 complete the application form.
and who actually get approval? they said the result will be publish 1 week from the news, which mean on 21st May
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hmm.gif hmm.gif meant that many people not qualified but still go to apply shakehead.gif
jrshow
post May 26 2016, 10:52 AM

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bro, dun depand on goverment ... if u want to buy house u must have ur own 10%
physz.86
post May 26 2016, 07:26 PM

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QUOTE(q_silverflame @ May 25 2016, 05:02 PM)
http://www.bernama.com/bernama/v8/bm/ge/ne....php?id=1245624

can you believe it? only 3609 complete the application form.
and who actually get approval? they said the result will be publish 1 week from the news, which mean on 21st May
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Total of application is more than that.
Complete application here means application that complete with all the required doc. There is alot of applicant who just submit without attach any doc.

This scheme process is very very slow. Until now only 100 got approved out of 3609 complete applications. I guess the staff already died.
jai2power
post May 27 2016, 09:18 AM

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QUOTE(physz.86 @ May 26 2016, 07:26 PM)
Total of application is more than that.
Complete application here means application that complete with all the required doc. There is alot of applicant who just submit without attach any doc.

This scheme process is very very slow. Until now only 100 got approved out of 3609 complete applications. I guess the staff already died.
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Hahaha..you are right..call all 4 numbers also no one pickup..dem almost 2 month already..developer sure marah..

ClaraAnnabelle
post May 27 2016, 12:05 PM

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QUOTE(jai2power @ May 27 2016, 09:18 AM)
Hahaha..you are right..call all 4 numbers also no one pickup..dem almost 2 month already..developer sure marah..
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when you submit yours? almost 2 months still no update for yours application? ohmy.gif ohmy.gif blink.gif
jai2power
post May 27 2016, 02:35 PM

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QUOTE(ClaraAnnabelle @ May 27 2016, 12:05 PM)
when you submit yours? almost 2 months still no update for yours application?  ohmy.gif  ohmy.gif  blink.gif
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I submit my app on 12th April..status still "dalam proses"..

physz.86
post May 27 2016, 09:53 PM

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QUOTE(jai2power @ May 27 2016, 09:18 AM)
Hahaha..you are right..call all 4 numbers also no one pickup..dem almost 2 month already..developer sure marah..
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I call the number after the day PM announced the mydeposit scheme.. It was either no answer or engaged.

They must be sleep in office or already died!!!
ClaraAnnabelle
post May 31 2016, 03:49 PM

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QUOTE(physz.86 @ May 23 2016, 04:12 PM)
Do you know if any amendment is required in both s&p and loan documentation?

As I already informed my developer to wait for another 1 month and they said OK. They will start to prepare the s&p documents and the bank also will start to prepare the loan documentation.

Let say s&p and loan documentation already prepared by them and if mydeposit is approved, can we easily ask developer to amend the s&p (if not mistaken there will be another page stating about the mydeposit). Will this amendmend involves any fees?
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I'm also facing the same problem sad.gif

Loan doc already prepared. How.... can drag until July? confused.gif
windskill
post May 31 2016, 10:24 PM

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So anyone has gotten mydeposit?
ervinlew
post Jun 1 2016, 10:17 AM

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so as off june 1st anyone got the scheme?
ms749
post Jun 1 2016, 10:57 AM

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QUOTE(ervinlew @ Jun 1 2016, 10:17 AM)
so as off june 1st anyone got the scheme?
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Starting to think this is either just a gimmick from the govt or that they are really slow in getting things done. I'm signing SPA this week, so goodbye free RM30k.
ms749
post Jun 1 2016, 11:06 AM

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QUOTE(ervinlew @ Jun 1 2016, 10:17 AM)
so as off june 1st anyone got the scheme?
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Starting to think this is either just a gimmick from the govt or that they are really slow in getting things done. I'm signing SPA this week, so goodbye free RM30k.
darkterror15
post Jun 1 2016, 11:31 AM

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I am highly interested to purchase a subsale and the owner still leave in the house and she said she need around 4 months + to move out. She ask me to go for mydeposit because she is not in the hurry. But..until now no ppl in this forum got it sad.gif is it too late to apply now ? sad.gif
ClaraAnnabelle
post Jun 1 2016, 01:55 PM

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QUOTE(darkterror15 @ Jun 1 2016, 11:31 AM)
I am highly interested to purchase a subsale and the owner still leave in the house and she said she need around 4 months + to move out. She ask me to go for mydeposit because she is not in the hurry. But..until now no ppl in this forum got it  sad.gif  is it too late to apply now ?  sad.gif
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This scheme closing date is end of June. Still can apply. As long as the owner can wait for you then just try to apply for it smile.gif
tryifelsecatch
post Jun 1 2016, 02:19 PM

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it's pretty much a joke... started a scheme, publish and marketing kuat2. after that no news, no update nothing to the applicants. really sub par standard service from this institution. disappointing sad.gif
darkterror15
post Jun 1 2016, 02:29 PM

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QUOTE(ClaraAnnabelle @ Jun 1 2016, 01:55 PM)
This scheme closing date is end of June. Still can apply. As long as the owner can wait for you then just try to apply for it  smile.gif
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what i meant too late is that now got 3500 application and the first 100 approve, then the later will maybe drag few more months.. if i submit now and maybe lets say i am the 6000 applicant then my process and approval maybe next year already. my subsale owner can wait for 4 to 5 months but ask them to wait till next year is like.. bye.gif

anyhow..i heard from lawyer firm la..got 1 lawyer firm willing to help u register for mydeposit, but the lawyer said a lot ppl face the problem when it is time to sign SAP their mydeposit still in process..so is it possible we borrow loan first pay the 10% off first then when mydeposit approved then when the money credit back to lawyer firm then we ask them to credit back to us ?

we need pay 3% booking fee to get agreement to apply both loan and mydeposit right.. so maybe government side wont bother to check we already pay the 10% upfront before getting mydeposit ? hmm.gif

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