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Investment SUNWAY SERENE @ KELANA JAYA, Enriching Lakeside Waterfront Living

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Wazzzap
post Aug 10 2020, 04:01 PM

On my way
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506 posts

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from maybank houzkey website it shows RM 1622 per month is it possible?
Wazzzap
post Aug 10 2020, 04:52 PM

On my way
****
Junior Member
506 posts

Joined: Jan 2003



QUOTE(infernape772 @ Aug 10 2020, 04:19 PM)
This is subject to Maybank's risk assessment after you have submitted the necessary documentation.
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I mean the property price itself is already at a minimum of RM782,000. The repayment or rental should be at least 2k-3k?
Wazzzap
post Aug 10 2020, 06:56 PM

On my way
****
Junior Member
506 posts

Joined: Jan 2003



QUOTE(infernape772 @ Aug 10 2020, 05:36 PM)
From Maybank's Houzkey website, the monthly rental not repayment to any loans is not set, cause subject to risk assessment. Some say say that it's about 50% of a monthly installment of a conventional loan (I cannot confirm this).

Attached is a picture if you were to get a unit for 782,000 with a 100% loan margin with 3% interest for 35 years. About 50% of the installment would be around the rental amount. This is just a simple example.

user posted image
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I see, then on a monthly basis would be quite affordable though, I would say for home stay and to purchase in future is quite good.

 

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