Mar 10 2018, 04:48 PM
QUOTE(JoventNeo @ Mar 10 2018, 08:55 AM)
The procedure will be the same as any non-gov sales unit you are purchasing out there. The only difference with RUMAWIP is you can't choose which unit to stay in.
After the ballot, all the procedure of sales and purchase will be taken over by UEM. KWP is only responsible to filter the "layak" applications according to the T&C.
Upon you successful application and happy with your ballot result, you will be given 6 months to settle the 10% down payment and bank loan application. You will start paying your bank depending on the completion rate of the project. The earlier you gotten the key, the better (less money to feed the interest)
Tbf there are alot of developments with the promise of "Pay nothing until receive key"After the ballot, all the procedure of sales and purchase will be taken over by UEM. KWP is only responsible to filter the "layak" applications according to the T&C.
Upon you successful application and happy with your ballot result, you will be given 6 months to settle the 10% down payment and bank loan application. You will start paying your bank depending on the completion rate of the project. The earlier you gotten the key, the better (less money to feed the interest)
In this case of Rumawip being 300k, we'll still have to pay interest until key collection in late 2022 (or is it early 2022
).Technically we're still forking out an additional sum on top of the 300k for 48 months, which could range from 100 to 1000-1300 (ball park figure) each month.
Please do correct if there's a mistake but AFAIK I'm not wrong here.
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