didnt read how it works.
im just guessing but i think those rm30k might goes as tax contra to developer.

btw can you share where to read more on this.

thanks 

cant even open the website.
registration open today.  http://www.kpkt.gov.my/ or is it just my internet.
unifi so slow today.

i dont support it. property price gonna go up. household less than 10k? i would prefer the reduce it to households less than 5k.

in the end flippers are gonna get their mum, uncle, cousin, brother, sis, etc involved. buy 4 properties can save RM120k on top of whatever the sales price gonna be. unless got a rule cant sell within 15 years or something.

is it the same as MYhome ?

Where's their physical office located at? probably can pay them a visit and ask for the details..

What I foresee is that property below 500K is going to see a surge in demand, because those who are earning 5K-10K and eligible to purchase property above 500K, may reconsider their option to purchase property below 500k instead, just to take advantage of the 30K subsidy.

Those whose current market price is already close to RM500k probably will not see much price increase (maybe just easier to sell), but those whose current market price around RM450k range might see an increase if demand for this segment went up.

They should provide more details, the 30K is act like a DP? Or Cash bonus? Anyone might know?

Althought this is still new

wow free money by the govt

let say I sell off my property and I buy back below 500k consider 1st property?

mean within such short period, 2500 ppl bought properties ?

Hi Guys,

Nak tanya, Kalau permohonan diluluskan untuk rumah under con, Gov akan bayar direct ke developer kan, tapi kalau developer dh beri 7% diskaun bumi n 3% tu dibayar guna duit sendiri, boleh ke kita claim semula duit mydeposit ni pada developer? harap ada jawapan..hihihi..

thx guys.

Are you sure? I don't see anywhere the gov mention pay back or duration for pay back. 

At the moment there's these 3D 
1st D- Difficult to get housing loan approved;
2nd D- Difficult to get car loan approved (news reported about 60-70% reject rate);
3rd D- Difficult to get credit approved (Really this is unheard of before, but it's true)

The stringent policy adopted by most commercial banks may be a hint that the banks are REALLY worried about the current economy and bubble burst, otherwise commercial banks would welcome any business/client they can get.

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