GE14 recently concluded in the world’s most peaceful government turnover (much to the envy of many countries and the respect of many more)! With the change of government came the abolishment of the HSR project, MRT 3 line… and apprehensively the ECRL too. So what does this mean to all first-time home buyers?
Cheaper homes! More affordable homes! And here’s what PropertyGuru has managed to cinch for its users too – up to RM1,000,000 in cash discounts!
Introducing GuruDeals which brings exclusive tie-ups between PropertyGuru and leading property developers such as M101, Meraki Land, Kobay, Asia Green, UEM Sunrise and Eco Sky. View all the participating projects here – but you’ve been warned, plenty of great properties and massive savings to choose from!
So How Does GuruDeals Work in Favour for First-Time Property Buyers?
1. Assistance with Offsetting Upfront Costs
How this works is pretty simple. Most first-time property-buyers find it challenging to come up with upfront costs such as downpayment and legal fees. Not forgetting, there are many hidden costs that they did not anticipate!
As such, with GuruDeals potential buyers are able to take advantage of RM70,000 worth of savings on their first property!
Interested buyers will benefit from the tremendous savings with assistance with offsetting upfront costs.
For instance, property seekers in the land of good food, Penang looking for a property costing about RM760,000 can expect over RM70,000 worth of savings where additional legal and stamping fees will be borne by the developer! Hence, by taking a loan of RM690,000, this eventually translates to only forking out about RM3,725 monthly.
Furthermore, the developer is throwing in extra goodies worth RM25,000 inclusive of air-conditioning, plaster ceiling and downlights which would mean extra savings altogether.
2. Savings, Savings, Savings!
If buying in areas like Bukit Jalil and Cyberjaya seem far-fetched given the hefty price tag, then some additional financial discounts could just land you your dream home there.
GuruDeals has tied up with some developers in areas as aforementioned with a combination of RM140,000 in savings.
Therefore, for a 903sq ft freehold unit in Bukit Jalil, first-time property seekers will be able to save up an additional RM80,000 on top of the initial property prices.
In turn, a monthly repayment of RM3,239 is required after taking a RM600,000 loan.
Buying a property in the Silicon Valley of Malaysia is ideal for those who work at the multi-national companies there. First-time buyers looking at properties from 700sq ft nestled amidst green setting can enjoy discounts up to RM60,000 from the initial price. With the discounts, buyers can look forward to paying monthly repayments of only RM2,483 after taking a loan amount of RM460,000.
3. Buying in the Heart of KL
Not many first-time home buyers are fortunate enough to buy properties close to the city centre. The sky-leaveing prices leave them in despair for not being able to purchase properties of their preference.
However, that is about to change thanks to the GuruDeals offer as properties within the city center are part of this limited time promotion! For instance, a freehold serviced apartment in Kuala Lumpur is offering discounts of up to RM50,000, making it a must-catch for those aspiring to own a piece of property there.
Property seekers only need to apply for a RM750,000 loan and set aside RM4,049 monthly for repayments.
Additionally, those with tighter budgets can opt for a chic and upcoming development in Kuala Lumpur which might cost monthly repayments of only RM1,971 after taking a RM365,000 loan.
To further entice buyers, the developer is offering free renovation up to RM20,000 as well as a chance to win 7 days 4 nights Europe trip.
Additionally, GuruDeals have also tied up with a development in Langkawi offering a luxury home amidst a beachfront setting. Therefore with a monthly repayment of an indicative RM2,824, will be one step closer to your first home.
To view the selection of new homes on offer, prospective buyers can visit the GuruDeals site till 30th June, 2018. These online offers are also exclusively available at PropertyGuru.com.my.
