So let's say my 10% is 60k, I only get 6000 refund??

nope

selling price is say 500k..what is 1%?

That means 10% downpayment no refund, only refund you 1% right

This post has been edited by km123: May 11 2017, 10:29 PM

Standard procedure is apply loan 1st then only sign spa n pay d 10%

I don't think this is how PPC operates.

The last few properties launched in Parkcity were all pay 10% first then sign the SPA.

Correct me if I am wrong please.

So if loan rejected, what will happen to the 10% payment?

So have your loan approved before paying 10% and signing SPA.

Sorry but I cant help to answer this question. I don't have problems with my loan applications so far.

Apply loan need to show SPA (proof I buy a house)

Under the usual process, buyer shall sign S&P only after loan approval. Just submit the booking form / letter of offer to purchase together with other required docs for the loan application.

Bank can process pre-approved loan based on the estimated loan amount. As long as the actual purchase price do not exceed the estimated price then shouldn't be any problem.

Worst case loan rejected after pay 10%, I think ppsb can only forfeit the 10% of what you pay. I.e. 1% of the purchase price.

This post has been edited by Fortunekl: May 12 2017, 11:31 AM

Deleted.

This post has been edited by Darkknight2010: May 12 2017, 11:50 AM

When this project will launch?

Tai kors.... I know DPC is freehold... However, if using bumi disc, would there be any restriction for subsale later?

Me also want to know 🤔

No

If bumi quota?

Call 62808080

Call then post the result here for all to know.

Tq

As what i understand, is only bumi quota for developer to sell at least 30% to 50% (depends on which state)to bumi buyer. After completion can sell to anyone. Even can sell to foreigners. No restriction. That for freehold title.

If it is a leasehold land, then if bumi bought from developer bumi lot then they only can sell to bumi thereafter. Nowadays they can get state consent to enable them to sell to non bumi. But not aure how they do it. Malaysia boleh.