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 MyDeposit - Thoughts?, Home Deposit scheme

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diversity
post Apr 11 2016, 08:35 PM

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How is the repayment procedure gonna be like for this???
diversity
post Apr 12 2016, 09:10 AM

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QUOTE(iGamer @ Apr 12 2016, 08:59 AM)
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.
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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" shakehead.gif
diversity
post Apr 14 2016, 10:58 PM

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QUOTE(wkyrichie @ Apr 14 2016, 07:48 PM)
Not fair la we kumpul duit so hard to buy our first home and here gomen is giving out free money just like that
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Makes me feel like an idiot for saving and slaving myself for 2 years+ to buy my first property lol

 

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