I have no money to buy a house? Sorry, it’s no longer an excuse now! Zero down payment, 100% loan, it sounds interesting right! For sure, 2011 will be the best time to buy your first home if you haven’t done so!
My First House Scheme (Skim Rumah Pertamaku)
My First House Scheme (Skim Rumah Pertamaku) was introduced in Budget 2011 to provide first time home buyer 100% home loan financing for residential property priced below RM220,000. That means no down payment is required.
The 10% down payment will be actually guaranteed by Cagamas Bhd. Bear in mind, the scheme is entitled only for those with family income below RM3,000.
Marry or Buy House First
For couples that plan to tie the knot soon, perhaps you may want to utilize the scheme first before registering your marriage? Think wisely. I believe it’s less likely for majority of husband and wife’s combined income is lesser than RM3,000.
Air Asia: Now Everyone Can Fly
Yes, Tony Fernandes of AirAsia airlines has made it, successfully! It’s now awarded the Word’s Best Low-Cost Airline 2009 & 2010! No doubt, Air Asia cheap flights have helping a lot of people be able to realize their dream to travel the world.
1Malaysia: Now Everyone Can Buy Property
It seems like Najib’s 1Malaysia is putting ‘sincere’ affords to help every Rakyat Malaysia (Malaysian) to own a house under the scheme. Thumbs up! I hope the vision of “Now Everyone Can Buy Property” will be realized soon!