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Household Need an Advice - Rawang, Puncak Alam, Sungai Buloh, For own stay, not an investment

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tf1014
post Apr 13 2023, 10:22 PM

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QUOTE(M_Shahrul @ Apr 13 2023, 05:20 PM)
Hold it, naaahh I am not getting any younger for the bank too keen in giving me a loan, my friend.

That's why I said in the post, price below or around RM 600,000 will do. I am not trying to go more than that, would be dangerous financially for me.

Example, M Residence 2 as I have stated above, the market price is RM 430,000 right now. Gated and guarded plus strata.

Caledonia as an example, RM 498,000 , that's okay-ish for the 2-storey terraced house. But it's an individual and freehold title.
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If the sub sales doesn't require big reno, personally will go for subsale. If not then listen to wife, happy wife happy life mate biggrin.gif
tf1014
post Apr 14 2023, 09:38 AM

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QUOTE(M_Shahrul @ Apr 14 2023, 07:56 AM)
Thank you. Appreciate for your reply. Yes, subsales of M Residence 2 is topping my list.

Question, how much the EXPECTED of extra-extra fees other than downpayment for the subsales nowadays huh?

MOT waived for the house under RM500,000 under latest government scheme or what? ** I am just a normal web developer in private sector though. Does not have an LPPSA scheme like government servants.

Another question, let say if I sell off my current house, in the eyes of KWSP, would they be looking for my next purchase as a SECOND house, or it would be still deemed as a FIRST house as I don't have any after I sell?

I just don't understand on how they operate. Pardon me, noob here.
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legal fees and stamp duty, MOT etc will be ard 30k, including loan stamp duty as well if the property is ard 430k. But if you are not getting any loan then you can save up the loan agreement legal fees and stamp duty, can use the online calculator to help calculate.

As for the MOT waiver, there's no gazette yet so nothing can be done for now, you will still have to pay the MOT

According to 2021 Stamp Duty Act, "the individual has never owned any residential property including a residential property which is obtained by way of inheritance or gift, which is held either individually or jointly.", so in your case, wouldn't be considered as a first time home buyer


Hope this helps smile.gif
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