QUOTE(Bibimbapi @ Nov 13 2018, 01:12 AM)
As mentioned by casio, there is an additional 4% discount on top of the current 5% discount which made it to 9% discount in total.
Is that really the case? My last visit to sales gallery was during CNY

I use back my example:
Scenario 1: Pre-Help2Own
Unit cost: RM 800,000
5% down payment: RM 40,000
1% introducer fee: RM 8,000
5% discount from developer:RM 40,000
90% bank loan: RM 720,000
Net paid by purchaser (exclude interest): RM 40,000 - RM 8,000 (assume introducer is family member) + RM 720,000 = RM 752,000
Scenario 2: Post-Help2Own
Unit cost: RM 850,000 (developer jack up RM 50,000)
1% down payment: RM 8,500
9% discount from developer:RM 76,500
90% bank loan: RM 765,000
Net paid by purchaser (exclude interest): RM 8,500 + RM 765,000 = RM 773,500
Attractive??

Developer always want buyer to pay very little upfront and loan to the max, which after converted to installment is a smaller amount. Then developer will face problem, higher loan rejection rate..
This post has been edited by samkps: Nov 13 2018, 08:21 AM