Subsale markup price is possible if valuation report okay.. bank also depend on that report as well.. they can offer as high as your financial condition will allow.. but u cant markup until like average those house are 400k but u want 600k.. valuation report is not that easy unless u can get someone sign the report for u.. new project is possible if you are doing bulk purchase.. get lower price of property but higher amount in SnP.. rarely got developer do this lubang..

to me, it's kind of stupid to get markup portion to pay off your car loan.. unless your mortage loan serve less than 10 years.. unless you are meant for cover future renovation course which i could understand.. cover car loan?! a BIG NO.. car loan is fixed rate.. assuming u get 3% in car hire purchase agreement.. but house is depending on BR rate.. now probably you feel interests sounds lows, maybe 2.9%.. but once BR increase back to normal in 5 years time.. which will easily go to 4.5%..

i've been offered this markup loan.
i'm buying this property for own stay.

when i first heard of this idea, i loved it as i could use the zero downpayment and put that amount elsewhere.

i've also read the other threads here about this mark up loan approach and i understand it is a grey area thing.

so here's the scenario, i can afford to pay the downpayment for this property BUT i would love to use that amount to clear off existing car loan.

hence, this mark up loan with zero downpayment sounds great.
my dilemma is, will there be any issues going with this approach in the future?
anything that i should be aware of aside from the higher monthly loan repayment?
or should i just go with the regular approach with 10%-15% dp?

i'm new to this and would love to hear more opinions.
thanks

that's a good idea.
thanks

indeed, the overall scenario has a lot of variables.