If you read clearly at KPKT website,  it written Skim PEMBIAYAAN Deposit Rumah..

Pembiayaan is always use to refer to loans

Free money gov usually use word subsidi, bantuan, geran
So this maybe soft loan like PTPTN.. Need to pay back

Why not eligible? Income under 10k per month whoa???

If u r earning 3k...maybe loan will not be approved....

This is how i look at poor people...
In malaysia if you are willing to work hard or harder...u can have 2 or 3 jobs to boost your income...there are plenty of works around....
No one needs to be poor....
If u are poor....its your own doing....not bvos of market conditions...
We are not like india or indonesia or philippine....where population  is too large..to even find job.

Good for the gov to help the needie, but why can't the gov act more fairly?

How about self-reliance people who are also middle income earners but already bought property by committing to long housing loan tenure (30-35 years)? Why aren't the gov showing appreciation to these self-reliance people by giving tax deduction for their housing loan interest?

Instead what we have here is free money (up to RM30k) for a few lucky family/individuals who may not even bother to save some money to get their first house/apartment???!!!!

actually im quite agree with you.

ya, this plan can help them to own the house,

problem is those extra fees, like legal fees, stamp duty how?

once move in, maintenances fees? indah water la. quit rent how?

and also installment how?

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.

If you're eligible, no harm in applying. Once approved and got all the T&C, then only decide to really sign the actual agreement or not. Even if need to pay back, if the interest is low or zero, then you've already gain from that.

You have a great experience. Can share the format of "Salinan surat tawaran /pengesahan daripada pemaju/penjual"? I would like to prepare it and ask my developer chop and sign.

Between, I already signed the SnP but the house still under development. Am i eligible for this scheme?

i see. Ya. i have the booking form when i place the booking fees. too bad my developer seem not so helpful on mydeposit scheme and not so clear about it too. They wish to going through normal procedure 1st. 1 more question. do i need to wait my bank loan approved only apply?  or now i can apply it?

If our loan application approved by bank, how long the validity?
Can we wait 1,2 months for this scheme before sign the loan agreement?

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.

for how long this scheme open?