Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

Hi, i've heard some testimonies that property investors sometimes pay 0% downpayment for their property. Is that legal in M'sia? Anyone can share how is it done?

Saw that before, the catch is the property is above RM350K. The 10% downpayment is given to you as discount making it 0%. What you need to pay is RM1K-3K as booking fees. The loan tenure is 25 - 40 years payment from their appointed bankers.

By doing this expensive houses will become affordable. Take for example Nusaputra terraces houses cost >rm380K repayment is 40 years at RM1300 per month. Sound wonderful rite?

this one sounds like buying from developer? is it applicable in the secondary market?

Toh WL wrote:

Yes, I mean buying from developer. The offer is applicable if buyer agree to their financing packages. Mitrajaya is doing this for their Lavender Type-C terraces around nearly RM400K. The give special rebate 10% bringing down the price to RM333800.

For secondary market, it's best you check with real estate agent & seller. Then again people can just mark up the price higher offering 10% discount back to market value. So what's the differences??? Sales gimmick of course.

hey txs. i get ur point.

not sales gimmick but it means u get house with zero deposit, correct? bank in very risky position. does bank know about this?