Not really. It is two different things.
You may pay rm50 summon but at the same time file lawsuit for rm500 against others.

investor/flipper is 1st time buyer? dun think have a lot..or use other ppl name to buy?

pr1ma house i apply 6years never get any.im forced to buy condo with cut throat price when i jz want a place to stay. all these opportunist get these house

those that rent out such houses category should get taxed!

actually this kind of rumawip buyers consider the more elite ones in term of saving... if their cash paid are not supported by their PAMA la... they have to pay 30k +18k for the car park.... cincai already almost 50k gone out of the pocket upon SPA sign... how many freshies nowadays can save this amount?   

Nope. Wont be negative cash flow coz their entry price already so cheap. Here an example of calculation:

1000 sqft, rental RM950.
Bought at 150k.
Yield = 7.6%

Assume taking government loan, 4% 30 years, monthly repayment RM716.
Monthly maintenance fees at 0.15 psf + 10% sinking fund = RM165
Positive cash flow monthly = RM 69 (but if add in yearly fire insurance, cukai, etc, this will be gone. so just break even only)

Yes. http://www.rawangpost.com/2015/02/projek-p...wat-awam-1.html

This income range better than a lot private sector, still need to buy pp1am?

Just a hypothetical question :

What would happen if Rumawip goes under lelong? Can the public at large bid for it?

My niece has been working in SG for the past 18 months (after graduating in SG). She planned to return to MY in another 3 - 4 years time (as she felt that working is SG is quite stressful and there is no life).

As such, she intends to apply for a Rumawip in MY now (as this is her first house), which leads to my question - Is she eligible to purchase a Rumawip if she doesn't stay in MY?

I know she can always purchase a unit when she comes back later, but then it will be quite late as age is catching up.

Your thoughts, pls.

Thank you.

Beancounter, sorry I don't get you.

Rgds.

zugzwang will be 

Thank you, Beancounter. She was considering Rumawip in KL 

Pandanmas also very jialat d, soon to be ppr flat. Bicicyle take inside to facilities floor  pool infested with full cloth and selipar all masuk.

bro u malaysian or what lolss. ya its in BM leh bro, my BM fail in SPM one leh but ya selipar is BM version of slippers

So they actually can use deposit (maybe 20k?) And after 30 years. Can get the house free. Probably 400k at that time? Smart way. Imagine own three units. 60k total investment. 1.2mil. can retired ady.

This is one of those social housing programmers that were introduced to the masses to house the underprivileged, it’s just plain greedy and immoral for these to be misused as an investment vehicle by certain quarters just because they found a loophole. Shame on those who rented these out for monetary gains.