Posted by qqq3 > 2018-11-09 11:56 | Report Abuse

when people don't have to worry about installments and interest payments or even rentals for 5 years.....it is like putting money in people pockets, greatly expands spending power and do marvels for the economy.......

Posted by 1997 > 2018-11-09 12:30 | Report Abuse

where do i get the 60k?

Posted by apolloang > 2018-11-09 12:32 | Report Abuse

I just bought 1 condo 650k and rent for 2.2k.u no money rent lo.....hahaha

Posted by pussycats > 2018-11-09 12:38 | Report Abuse

the National House Buyers Association (HBA) has said that Malaysia needs to address its house prices that are unaffordable for many Malaysians instead of focusing on alternative financing methods.

Posted by i3gambler > 2018-11-09 13:07 | Report Abuse

At the end of the first 5 years, if the buyer decide to continue for another 5 years FMH, he has to top-up to match the 20% of the new valuation, this one I can understand. But will the existing / new investors get another 5% per year, or total 25% payment? If so, who pay for it?

Posted by stockraider > 2018-11-09 13:40 | Report Abuse

WTF the buyer own 20% of the property equity whereas the financer own 80% equity loh....!!

If lose monies....the 1st losses cover by the buyer 1st 20% downpayment.
Above 20% losses the financer cover loh...!!

What if the property gain ???
The financer need to take 1st 20% gain based on 5% pa guaranteed....balance gain share 80% financer and 20% buyer loh...!!

The buyer is a sucker here loh...pay for legal fees, valuation fees etc...also guarantee financer 20% or 5% pa for their gain at the end only have 20% of the equity of the house loh...!!
On the downside need to guarantee the financer, pay expenses and lose and lose the 1st homeownership tax exemption rights when he decide to dispose his 20% equity loh.....!!

I thought the scheme is suppose to help n protect the poor buyer loh ??
But end up taking advantage of the poor buyer loh....!!

The PH govt very stupid loh.....!!