Dear Anonymous, 1. Malaysian (with Singapore PR) can still buy residential property without any threshold. 2. Maximum loan 80% to 90% for first 2 properties only depending on property and income. Interest rate average 4.2% 3. Money from EPF Account 2 can be used to pay the price difference between the Sale & Purchase Agreement (SPA) price and the housing loan amount, up to an additional 10% on the price of the house. So if a full housing loan (100%) is obtained, the maximum that can be withdrawn is up to 10% of the price of the house. 4. The stamp duty & lawyers fees depends on the value of the house. Usually you should budget 3% to 5% of the value for stamp duty, lawyer's fees for SPA & Loan Agreement, costs etc. You may want to use the resource links on our website www.quantumrealestate.com.my to calculate. 5. For completed properties, you are expected to pay 2% to 3% as earnest deposit (booking deposit). The 10% (less the booking fee) are to be paid upon signing the SPA within 14 days from Letter of Offer (option to purchase). Balance 90% to be paid within 3 months from date of SPA or date of consent from local land office (if leasehold) plus another 1 more month extension whereby late payment interest of 8% is payable calculated on a day to day basis. 6. if you are buying with an existing tenant, then no vacant possession is provided but instead subject to the existing Tenancy Agreement and Inventory List. Should you need further help, please call David Wong at
+60193330573
. Thank you David Wong Principal QUANTUM real estate (Licensed E(3)1320) mobile::+601993330573 Office:+60377289108 www.quantumrealestate.com.my
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