1 Answer

askguru expert
Hi there,

Ahh we see that you're referring to Zenopy Residences. There's a PropertyGuru review for that: https://www.propertyguru.com.my/new-property-launch/reviews/zenopy-residences-seri-kembangan-190744

The development land area is 4.687 acres, with a commercial title. As for promos, and maintenance fees, it would be best to engage with the developer for the latest information.

The term of property loans is 35 years or until the borrower reaches a certain age, whichever is earlier. It’s usually until 65 or 70, but there are some financial institutions that allow a higher maximum age. The advantage of having a long repayment period is that your monthly instalment will be lower, but the total amount you will be paying will be higher compared to loans with shorter tenures.

As for loan eligibility, banks usually assess based on borrowers financial records. Calculating a borrower's Debt Service Ratio (DSR) is what banks would do to determine whether a borrower can afford the loan. The 3 factors that determine how much one can borrow is listed here: https://www.propertyguru.com.my/property-guides/factors-that-determine-how-much-you-can-borrow-from-the-bank-3531

You can also use the PropertyGuru home loan pre-approval tool, which gives a realistic picture of how much you can borrow: https://www.propertyguru.com.my/home-loan-pre-approval

Hope this helps. Read More
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