QUOTE(viking kong @ Oct 15 2019, 10:23 PM)
My wife got tawaran PPAM Mercu Jalil 1000sqf for RM245k.
Called developer LBS said need to cabut undi to confirm the unit. Most probably we will only get unit at high level and facing inside.
Currently we stayed at putrajaya area (own house) and we will not move to ppam mercu jalil once completed.
Am in dilemma whether to proceed or not...hope somebody can enlighten me. Really appreciate.
your wife is getting an apartment at subsidised price for her contribution as a civil servant .
these schemes won't last long under current government.
Moreover, you don't need to pay monthly instalment until the project is completed.
PPA1M properties can be rented out(not like other government schemes) for tenants with a minimum of 6 months contract. You could use the rent to pay for monthly instalments until the 10 year moratorium period is over .