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News Updates & Article sharing

Have you apply MyDeposit yet? 

4/19/2016

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Have you apply for MyDeposit yet? Don't loss out and miss this chances. Go apply for MyDeposit and enjoy the perks now! Action now, don't complain later that you can't afford any home. This is a great chance to own a home. I do advised my buyer to get their first home using this advantage. 
Bear in mind, this is solely for own stay. Not short term investment purpose as there is a catch on the lock in period from selling your unit. Here's the update on MyDeposit

Picture

​MyDeposit scheme attracts 1,046 successful applicants

National Housing Department Director-General Mohamad Yusoff Ghazali announced that they have received 1,046 completed applications for the First House Deposit Financing (MyDeposit) scheme since it was opened on 6 April.

But after the application deadline on 30 June, as much as 7,000 people are expected to take advantage of the programme, which will help people buy a home by providing a subsidy of up to RM30,000 or 10 percent of the property’s price.

Most of the applicants so far are from Selangor, said Yusoff. The second most numerous are from Putrajaya, followed by Johor and Penang.

“We give the public until the end of June and the incentive is given to those qualified, based on first come, first served basis,” he told reporters.

But if there is strong demand for the MyDeposit scheme, the agency would urge the federal government to raise the allocation so more people can apply.

Funded by a RM200 million allocation from Putrajaya, the scheme is open to first-time home buyers seeking to purchase a property with a maximum price of RM500,000, on the condition that the house must not be sold or rented out for 10 years.

It is open Malaysians aged 21 and above whose families have a gross monthly income of RM3,000 to RM10,000. Those interested to apply, may submit their applications at http://ehome.kpkt.gov.my/

“The deposit is paid by the government directly to the developers for new projects or lawyers for the purchase of secondary houses and need not be repaid by the buyers.”

“We expect it will take a month to process every application and the offer letter to the buyer will be given as early as the end of this month,” added Yusoff.

Mangalesri Chandrasekaran, Editor at PropertyGuru, edited this story
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  • Home
  • New Property Launch
    • Best Investment 2022 PJ Damansara Low Risk Low Entry Price High ROI
    • 2022 PJ Rumah Mampu Milik RM270k Damansara
    • Bangsar South 2 Rooms from RM390k BELOW Market Price
    • 10% ROI PJ Project near Ikea and One Utama Mall
    • Mid Valley Seputeh New Launch
    • Pavilion Damansara Heights 柏威年 白沙罗岭 马来西亚 吉隆坡 精选楼盘
    • 马来西亚RM300千的PJ屋子-首购族,年轻人月入3千能买房
    • 2021 Penang Most Awaited Project
    • 2021 New Launch - KL Metropolis
    • 2021 PJ Spacious and Affordable 5 Star Condo
    • Freehold LRT Linked 3 Room Suites in Glenmarie
    • New SPACIOUS Kepong Landed 6 Room 6 Bath
    • Bangsar Last Piece Land New Launch
    • Avara Seputeh (Mid Valley)
    • Project Announcement Registration. Malaysia New Property Launch
  • Existing & Past Project
    • 2020 Lowest Risk & Price in Klang Valley with Great ROI
    • Kiara East Suite Dex
    • 2019 SAFEST PROFITABLE HIGH CASHBACK INVESTMENT
    • Best Property Investment Projects in 2018
    • KL City Freehold Spacious Affordable 3 room Project
    • Jalan Kuching Freehold New Office & Shoplot
    • Jalan Ipoh New Freehold Shoplot & Offices
    • RM300k KL Sentral New Prelaunch
    • The Olive Condo, Sunsuria City
    • Prelaunch Landed House Bukit Rahman Putra
    • RM260k No Downpayment Puchong South Suites
    • PJ North RM400k High Cash Back Project
    • Denai Sutera @ Alam Sutera, Bukit Jalil
    • First Phase of Banting New Township
    • Neu Suites 3rdNVenue @ Embassy Row by Titijaya & CREC
    • COURT 28, Jalan Ipoh KL City New Property Launch Service Apartment. Malaysia New Property Launch
    • Semanja Kajang New FREEHOLD Kajang Double Storey Houses. Malaysia New Property Launch
    • M Suite @ Desa Park North
    • BIJI LIVING @ Sek 17 PJ City by Conlay. Malaysia New Property Launch
    • Amani Residence Bandar Puteri Puchong New Freehold Service Apartment. Malaysia New Property Launch
    • SFERA RESIDENCY @ Puchong South. Malaysia New Property Launch
    • KL North Last Release
    • PreLaunch Freehold Double Storey
  • LAND
  • News & Articles
    • Educational Articles
    • Ho Chin Soon Greater KL Map Sharing
  • Other Reference Link & Services
    • Land Sale Malaysia
    • Malaysia New Property Launch
    • Lets Buy Property Malaysia
    • Other Professional Services
  • Referral
  • Career
  • MPIG
    • About Us
    • Contact Us
  • Get Professional Advice
  • PJ八打灵2021全新地产项目分析手册