Hi all,

Asking for family member.
Currently they have try to ask around for buyer, no buyer interest.
There's multiple unit on bank lelong and also many units sells below market price.

This just example
The leasehold property initial price is 1 mil. Loan at 900k
Bank lelong around the area unfurnish 800k, online property price tag around 800-850k.

Urgently need to dispose this property. Due to not able to coop with it.

Few question,

1) if the property sell at loss, how does the offset amount been paid? The bank will still give another loan for that offset?
2) it's RPGT still in effect if sell at a loss?

Appreciate the answer

You can forget about the repayment plan if it ever offer 
It's not gonna another 30 years with housing loan interest.
Just simple maths
Based on RM100,000 / 12 = RM8,333. That one havent calculate any additional charges.
If cant handle the current payment, dont even think about the repayment offer if it ever happen.
The period is just 1-3months during the transaction period of tranferring the title from one bank to anoher bank

Ok, 👌
So to finance the remaining.
What kind of loan usually bank will offer?

Ya, hope bank will offer this...
This, don't know how, lawyer also another fee
Not yet lelong. Just cannot sustain already.
Ya I think going for AKPK d
Will advise them to talk to AKPK

Thank so much guys.
Now I understand the many option