1 Answer

askguru expert
Hi Madam/Sir,

If you're purchasing from the developer, then you'd need to check whether they are offering any special low down payment package.

If you're purchasing from the sub-sale market, the earnest deposit is generally 2% of the total value of the overall property. This earnest deposit counts towards the 10% down payment for a property. Do note that if you decide not to go ahead with the sale, the earnest deposit is usually forfeited. More about earnest deposit here: https://www.propertyguru.com.my/property-guides/what-is-earnest-deposit-24107

Hope this clarifies. :)

Best regards,
Team PropertyGuru Read More