Budget only 200 mil. Will only support 6666 recipient if each claim 30k. . Chances of getting ?

Close to nil

Haha.
I'll try to apply also.

But it seems like some developer not doing this.

My friend asked his and they say only for their one selected project only. So it seems also need developer consent.
Get money from gov slow gua

lol.

This scheme only for willing seller willing buyer.

If seller duwan wait, which most probably won't since it takes forever to wait for result,a and also forever to claim back money, u can't do a thing.

Basically,

the whole process in simple point form is.

1. Find house. Check whether loan eligible for the amount or not.
2. Pay booking fee and get booking form stating all the particulars.
3. Wait looooong time like 1 months 2 months?
4. Got surat tawaran MyDeposit.
5. Go apply Loan from bank.
6. Got loan offer.
7. Engage seller ready SPA with addional clause cannot sell 10 years and etc.
8. Buyer sign SPA and Loan Agreement.
9. Engage buyer to submit claims for the 10% from Gov.
10. Duno wait how longggggggggggggggg......

*Note: Buyer can say, you pay the 10% first. After he claim from Gov, he give back u. LOLLLLLL since wait so long....

Sign liau SPA..... then Loan tarak = Penalty Penalty Penalty.

Sign liau SPA..... got loan.... but mydeposit cannot get = you pay the sum sendiri.



Actually is safer to get loan first, then only sign spa.



My loan offer lasts half a year.

That is why it is a "willing seller willing buyer".

The seller has to be willing to go through the slow process of this scheme. Or they can outright say they don't want to use this scheme, where's my 10%.