I do not get it. 200mil budget. If everyone buy RM 200000 house, only 10000 people. Enought meh?


EDIT: OOPs 200 mil diff scheme. But, whoa this will cost gov alot.

This post has been edited by N1ck: Apr 7 2016, 09:11 PM

I have just submitted my application.
What worries me is the 10 years moratorium.

What happen if suddenly I no money and need to get rid of the property? Or maybe company transfer me to another state?

Obtain from salesman. "Letter of offer."
Actually i already got all the documents and have got bank loan approved. However was procrastinating signing SPA due to business trips.

Anyway i already sent. Not sure what Is ent correct anot though and not surr whether I can accept the 10 years no sell rule.

Refer to the guide here. http://creditbureau.bnm.gov.my/reportobtain.html

For surat pengesahan majikan my company has a system which automatically prints out the letter(however mine did not state my relationship status so not really sure whether valid). Normally your HR should be able to make one for you

Tell them that you need you name, salary, duration of work, relationship status, position. Everything that is required according to the guidelines.

I printed mine out at Bank Negara, then scan.


Download the guide here.
http://www.kpkt.gov.my/index.php/pages/view/397

Guys, I cannot gurantee what I said is 100% correct. I did guessed some questions such as parliment area as I have no idea where to find such details on the property.

I do not think the targeted market for this scheme is for the lower income. Target market is lower middle class instead. The lower income normally will go for Project perumahan rakyat or rumah kos rendah, both which are not eligible to apply for mydeposit.

It has been almost 2 weeks. Still no response. I am in urgent need of the property. Developer also chasing me.

How the hell does this work normally? Normally after paying deposit you have only 14 days to sign SPA. Some developer can close one eye but this is taking too long.

I want to cancel my application also dont know how as I do not intend to stay in my firat property for 10 years. Heck most people move out of their first property quite fast.

Question is can I rent? The purpose is for own stay but not qhen I get a better place later on.

I have been trying to call since day 1. Never got through. This morning deaperate so have been calling all numbers for the past 1 hour.

I got no choice. Gotta sign SPA this week already. No probably need to cancel application.

Any ideas what is next after application is approved? I though the guide said sign SPA, if so, don't think will take long. (For the deposit part can always pump in deposit first and get it back later)